# Property Prices Schmargendorf 2026

> Apartments in Schmargendorf cost a median €5,971 per m². Range, cold rent, gross rental yield and market activity, updated daily.

Canonical: https://www.investbud.de/en/property-prices/berlin/schmargendorf
Last updated: 2026-11-05

In Schmargendorf, apartments are currently offered at a median €5,971 per m²; the middle half of listings lies between €4,953 and €7,303. A typical flat of 82 m² costs €479,500. Newly let flats ask €21.75 per m² in cold rent, for a gross rental yield of 4.4% or a price-to-rent multiple of 22.9.

As of November 5, 2026

- Price per m² (median): €5,971 (Range €4,953 – €7,303)
- Typical price: €479,500 (for 82 m²)
- Cold rent per m²: €21.75
- Gross rental yield: 4.4%
- Price-to-rent multiple: 22.9
- Listings: 166
- Days on market (median): 21
- Listings with a price cut: 9%

## How Schmargendorf compares

At €5,971 per m², Schmargendorf ranks 72 of 85 districts in Berlin, counted from the cheapest. That is 5% more than the Berlin median (€5,661). Flats are off the market after a median 21 days; supply is tight.

## Similarly priced places

- [Karlshorst](https://www.investbud.de/en/property-prices/berlin/karlshorst): €5,771 / m²
- [Friedrichshain](https://www.investbud.de/en/property-prices/berlin/friedrichshain): €5,855 / m²
- Wannsee: €5,859 / m²
- Hansaviertel: €5,873 / m²
- Alt-Hohenschönhausen: €5,893 / m²
- [Kreuzberg](https://www.investbud.de/en/property-prices/berlin/kreuzberg): €5,939 / m²

Medians of asking prices and asking rents of publicly listed apartments, recomputed daily. Asking prices are not sale prices and not a valuation under § 194 BauGB; actual sale prices can differ.

## Frequently Asked Questions

### What does an apartment in Schmargendorf cost?

A median €5,971 per m²; a typical flat of 82 m² is offered for €479,500. The middle half of listings lies between €4,953 and €7,303 per m².

### What is the rental yield in Schmargendorf?

The gross rental yield is 4.4% and the price-to-rent multiple 22.9: a flat costs as much as 22.9 years of cold rent. After costs and financing less remains; an analysis works that out for a specific flat.

### Where do the figures come from?

From aggregated asking prices and rents of publicly listed apartments in Schmargendorf, recomputed daily. No individual listing is shown.

### How high are the closing costs in Schmargendorf?

A typical flat at the median price of €479,500 comes with about €53,081 in closing costs: €28,770 property transfer tax (6.0% in Berlin), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €148,981 of equity.

## Related

- [Property market Berlin](https://www.investbud.de/en/states/berlin)
- [Investing in Berlin](https://www.investbud.de/en/cities/berlin)
- [Rent prices in Berlin](https://www.investbud.de/en/rent-prices/berlin)
- [Estimate a flat's value](https://www.investbud.de/en/property-value-estimator)
- [Estimate the rent](https://www.investbud.de/en/rent-estimator)