Property Prices Hamburg 2026
Price per m² (median)
€6,697/ m²
- Range €4,847 – €8,784
- Typical price: €475,000 (for 79 m²)
From active listings
In Hamburg, apartments are currently offered at a median €6,697 per m²; the middle half of listings lies between €4,847 and €8,784. A typical flat of 79 m² costs €475,000. Newly let flats ask €18.02 per m² in cold rent, for a gross rental yield of 3.2% or a price-to-rent multiple of 31.0.
As of November 4, 2026
- Cold rent per m²
- €18.02
- Gross rental yield
- 3.2%
- Price-to-rent multiple
- 31.0
- Listings
- 2,600
- 989 new in 30 days
- Days on market (median)
- 16
- Listings with a price cut
- 6%
How Hamburg compares
Flats are off the market after a median 16 days; supply is tight.
What does buying a typical flat in Hamburg cost?
Example for a flat at the median price of €475,000, using the standard assumptions of our analysis.
| Purchase price | €475,000 |
|---|---|
| Property transfer tax Hamburg (5.5%) | €26,125 |
| Notary (1.0%) | €4,750 |
| Land registry (0.5%) | €2,375 |
| Broker (3.57%) | €16,957 |
| Total closing costs | €50,208 |
| Equity (20 % plus closing costs) | €145,208 |
| Loan | €380,000 |
| Monthly payment (3.5% interest, 30 years) | €1,706 |
| Cold rent at 79 m² | €1,424 |
| Surplus before running costs | -€283 |
Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.
Prices by number of rooms
| Name | Price per m² | Typical price |
|---|---|---|
| 1 room | €6,303 | €222,500 |
| 2 rooms | €6,167 | €359,000 |
| 3 rooms | €6,511 | €549,000 |
| 4 rooms or more | €8,192 | €1,022,500 |
Districts of Hamburg
| Name | Price per m² | Listings | |
|---|---|---|---|
| Winterhude | €9,410 | 2.8% | 152 |
| Rahlstedt | €4,149 | 4.4% | 108 |
| Bramfeld | €6,216 | 3.4% | 102 |
| Uhlenhorst | €11,232 | 2.6% | 96 |
| HafenCity | €12,326 | 3.3% | 93 |
| Eimsbüttel | €7,237 | 3.4% | 91 |
| Barmbek-Süd | €6,466 | 3.4% | 81 |
| Niendorf | €5,100 | 4.4% | 69 |
| Harvestehude | €12,087 | 2.6% | 68 |
| Eppendorf | €8,359 | 2.8% | 60 |
| Lokstedt | €6,317 | 3.5% | 57 |
| Ottensen | €8,203 | 3.0% | 52 |
| Wellingsbüttel | €6,903 | 3.6% | 50 |
| Othmarschen | €8,760 | 3.0% | 45 |
| Blankenese | €7,959 | – | 45 |
| Rotherbaum | €11,546 | 2.6% | 45 |
| Hohenfelde | €7,107 | 3.7% | 45 |
| Schnelsen | €4,426 | 4.4% | 43 |
| Jenfeld | €4,530 | 3.7% | 42 |
| Stellingen | €5,741 | 3.6% | 42 |
| Barmbek-Nord | €6,044 | 3.6% | 40 |
| Alsterdorf | €6,789 | – | 40 |
| Fuhlsbüttel | €6,828 | – | 39 |
| Poppenbüttel | €5,724 | 3.6% | 37 |
| Wandsbek | €4,897 | 3.4% | 37 |
| Sasel | €4,853 | – | 36 |
| Eilbek | €6,199 | 3.3% | 36 |
| Hummelsbüttel | €4,768 | – | 36 |
| Marienthal | €4,977 | 4.1% | 35 |
| Nienstedten | €10,852 | – | 35 |
| Eidelstedt | €4,617 | 4.2% | 35 |
| Altona-Altstadt | €7,975 | 2.8% | 34 |
| Altona-Nord | €7,937 | 2.7% | 34 |
| Langenhorn | €4,643 | 3.9% | 34 |
| Hoheluft-Ost | €9,246 | – | 32 |
| Sankt Georg | €7,665 | 2.8% | 32 |
| Hoheluft-West | €7,426 | – | 32 |
| Farmsen-Berne | €4,129 | 5.4% | 31 |
| Horn | €4,268 | 3.6% | 31 |
| Osdorf | €5,156 | 3.7% | 30 |
| Billstedt | €4,023 | 4.0% | 28 |
| Bahrenfeld | €6,477 | 3.8% | 28 |
| Groß Borstel | €7,682 | 3.8% | 28 |
| Bergedorf | €4,698 | 3.8% | 27 |
| Volksdorf | €5,615 | – | 27 |
| Rissen | €4,880 | 3.7% | 26 |
| Groß Flottbek | €6,616 | – | 25 |
| Sankt Pauli | €8,112 | 3.2% | 24 |
| Borgfelde | €6,583 | – | 23 |
| Harburg | €3,833 | 4.5% | 23 |
| Tonndorf | €4,414 | – | 21 |
| Hamm | €5,429 | 3.8% | 18 |
| Lohbrügge | €3,786 | 5.7% | 18 |
| Ohlsdorf | €5,596 | – | 16 |
| Steilshoop | €6,869 | – | 13 |
| Rothenburgsort | €7,090 | 3.6% | 12 |
| Lurup | €4,580 | 10.4% | 12 |
| Eißendorf | €3,895 | 4.9% | 10 |
| Neugraben-Fischbek | €3,843 | 4.1% | 10 |
| Duvenstedt | €4,466 | – | 9 |
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.
Looking at a flat in Hamburg?
Work through price, financing, costs and taxes to see what is left at the end.
Frequently Asked Questions
The answers come from current listings of apartments for sale in Hamburg, as of November 4, 2026.
Terms and method
The glossary explains the terms; the methodology shows how the figures are built.
What does an apartment in Hamburg cost?
A median €6,697 per m²; a typical flat of 79 m² is offered for €475,000. The middle half of listings lies between €4,847 and €8,784 per m².
What is the rental yield in Hamburg?
The gross rental yield is 3.2% and the price-to-rent multiple 31.0: a flat costs as much as 31.0 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 Hamburg, recomputed daily. No individual listing is shown.
How high are the closing costs in Hamburg?
A typical flat at the median price of €475,000 comes with about €50,208 in closing costs: €26,125 property transfer tax (5.5% in Hamburg), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €145,208 of equity.