# Property Prices Ottensen 2026

> Apartments in Ottensen cost a median €8,203 per m². Range, cold rent, gross rental yield and market activity, updated daily.

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

In Ottensen, apartments are currently offered at a median €8,203 per m²; the middle half of listings lies between €7,395 and €8,588. A typical flat of 73 m² costs €579,000. Newly let flats ask €22.11 per m² in cold rent, for a gross rental yield of 3.2% or a price-to-rent multiple of 30.9.

As of November 4, 2026

- Price per m² (median): €8,203 (Range €7,395 – €8,588)
- Typical price: €579,000 (for 73 m²)
- Cold rent per m²: €22.11
- Gross rental yield: 3.2%
- Price-to-rent multiple: 30.9
- Listings: 54

## How Ottensen compares

At €8,203 per m², Ottensen ranks 59 of 69 districts in Hamburg, counted from the cheapest. That is 22% more than the Hamburg median (€6,697).

## Similarly priced places

- Altona-Nord: €7,937 / m²
- Blankenese: €7,959 / m²
- Altona-Altstadt: €7,975 / m²
- Sankt Pauli: €8,112 / m²
- [Eppendorf](https://www.investbud.de/en/property-prices/hamburg/eppendorf): €8,359 / m²
- Sternschanze: €8,394 / 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 Ottensen cost?

A median €8,203 per m²; a typical flat of 73 m² is offered for €579,000. The middle half of listings lies between €7,395 and €8,588 per m².

### What is the rental yield in Ottensen?

The gross rental yield is 3.2% and the price-to-rent multiple 30.9: a flat costs as much as 30.9 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 Ottensen, recomputed daily. No individual listing is shown.

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

A typical flat at the median price of €579,000 comes with about €61,200 in closing costs: €31,845 property transfer tax (5.5% in Hamburg), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €177,000 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)