# Property Prices Niendorf 2026

> Apartments in Niendorf cost a median €5,185 per m². Range, cold rent, gross rental yield and market activity, updated daily.

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

In Niendorf, apartments are currently offered at a median €5,185 per m²; the middle half of listings lies between €4,459 and €6,423. A typical flat of 70 m² costs €399,000. Newly let flats ask €18.41 per m² in cold rent, for a gross rental yield of 4.3% or a price-to-rent multiple of 23.5.

As of November 4, 2026

- Price per m² (median): €5,185 (Range €4,459 – €6,423)
- Typical price: €399,000 (for 70 m²)
- Cold rent per m²: €18.41
- Gross rental yield: 4.3%
- Price-to-rent multiple: 23.5
- Listings: 70
- Days on market (median): 14
- Listings with a price cut: 7%

## How Niendorf compares

At €5,185 per m², Niendorf ranks 28 of 69 districts in Hamburg, counted from the cheapest. That is 23% less than the Hamburg median (€6,697). Flats are off the market after a median 14 days; supply is tight.

## Similarly priced places

- Sasel: €4,853 / m²
- Wohldorf-Ohlstedt: €4,857 / m²
- Rissen: €4,880 / m²
- Wandsbek: €4,897 / m²
- Marienthal: €4,977 / m²
- Osdorf: €5,156 / 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 Niendorf cost?

A median €5,185 per m²; a typical flat of 70 m² is offered for €399,000. The middle half of listings lies between €4,459 and €6,423 per m².

### What is the rental yield in Niendorf?

The gross rental yield is 4.3% and the price-to-rent multiple 23.5: a flat costs as much as 23.5 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 Niendorf, recomputed daily. No individual listing is shown.

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

A typical flat at the median price of €399,000 comes with about €42,174 in closing costs: €21,945 property transfer tax (5.5% in Hamburg), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €121,974 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)