how does apartment deposit work

How does the apartment deposit work in Germany?

For international students and expats living in Germany, the biggest headache is often finding a place to live. On top of all the security deposits, rent rates, and other fees that come with renting an apartment in Berlin or Frankfurt, it can be difficult for newcomers to navigate their way through German bureaucracy and understand how it works. One question that comes up frequently is what exactly are they paying when they hand over a deposit? In this blog post we’ll go over the basics of how it works so you know what you’re getting into before signing on the dotted line!