# Property Prices Hamburg 2026

> Apartments in Hamburg cost a median €6,697 per m². Range, cold rent, gross rental yield and market activity, updated daily.

Canonical: https://www.investbud.de/en/property-prices/hamburg
Last updated: 2026-11-04

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

- Price per m² (median): €6,697 (Range €4,847 – €8,784)
- Typical price: €475,000 (for 79 m²)
- Cold rent per m²: €18.02
- Gross rental yield: 3.2%
- Price-to-rent multiple: 31.0
- Listings: 2,600
- 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.

## Prices by number of rooms

| Name | Price per m² | Typical price | Listings |
| --- | --- | --- | --- |
| 1 room | €6,303 | €222,500 | 224 |
| 2 rooms | €6,167 | €359,000 | 842 |
| 3 rooms | €6,511 | €549,000 | 926 |
| 4 rooms or more | €8,192 | €1,022,500 | 608 |

## Districts of Hamburg

| Name | Price per m² | Gross yield | Listings |
| --- | --- | --- | --- |
| [Winterhude](https://www.investbud.de/en/property-prices/hamburg/winterhude) | €9,410 | 2.8% | 152 |
| [Rahlstedt](https://www.investbud.de/en/property-prices/hamburg/rahlstedt) | €4,149 | 4.4% | 108 |
| [Bramfeld](https://www.investbud.de/en/property-prices/hamburg/bramfeld) | €6,216 | 3.4% | 102 |
| [Uhlenhorst](https://www.investbud.de/en/property-prices/hamburg/uhlenhorst) | €11,232 | 2.6% | 96 |
| [HafenCity](https://www.investbud.de/en/property-prices/hamburg/hafencity) | €12,326 | 3.3% | 93 |
| [Eimsbüttel](https://www.investbud.de/en/property-prices/hamburg/eimsbuettel) | €7,237 | 3.4% | 91 |
| [Barmbek-Süd](https://www.investbud.de/en/property-prices/hamburg/barmbek-sued) | €6,466 | 3.4% | 81 |
| [Niendorf](https://www.investbud.de/en/property-prices/hamburg/niendorf) | €5,100 | 4.4% | 69 |
| [Harvestehude](https://www.investbud.de/en/property-prices/hamburg/harvestehude) | €12,087 | 2.6% | 68 |
| [Eppendorf](https://www.investbud.de/en/property-prices/hamburg/eppendorf) | €8,359 | 2.8% | 60 |
| [Lokstedt](https://www.investbud.de/en/property-prices/hamburg/lokstedt) | €6,317 | 3.5% | 57 |
| [Ottensen](https://www.investbud.de/en/property-prices/hamburg/ottensen) | €8,203 | 3.0% | 52 |
| [Wellingsbüttel](https://www.investbud.de/en/property-prices/hamburg/wellingsbuettel) | €6,903 | 3.6% | 50 |
| Othmarschen | €8,760 | 3.0% | 45 |
| Blankenese | €7,959 | 0.0% | 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 | 0.0% | 40 |
| Fuhlsbüttel | €6,828 | 0.0% | 39 |
| Poppenbüttel | €5,724 | 3.6% | 37 |
| Wandsbek | €4,897 | 3.4% | 37 |
| Sasel | €4,853 | 0.0% | 36 |
| Eilbek | €6,199 | 3.3% | 36 |
| Hummelsbüttel | €4,768 | 0.0% | 36 |
| Marienthal | €4,977 | 4.1% | 35 |
| Nienstedten | €10,852 | 0.0% | 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 | 0.0% | 32 |
| Sankt Georg | €7,665 | 2.8% | 32 |
| Hoheluft-West | €7,426 | 0.0% | 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 | 0.0% | 27 |
| Rissen | €4,880 | 3.7% | 26 |
| Groß Flottbek | €6,616 | 0.0% | 25 |
| Sankt Pauli | €8,112 | 3.2% | 24 |
| Borgfelde | €6,583 | 0.0% | 23 |
| Harburg | €3,833 | 4.5% | 23 |
| Tonndorf | €4,414 | 0.0% | 21 |
| Hamm | €5,429 | 3.8% | 18 |
| Lohbrügge | €3,786 | 5.7% | 18 |
| Ohlsdorf | €5,596 | 0.0% | 16 |
| Steilshoop | €6,869 | 0.0% | 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 | 0.0% | 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.

## Frequently Asked Questions

### 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.

## Related

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