Average rent in 20459 Hamburg

Median cold rent per m²

€16.59/ m²

  • €13.60 – €18.14 per m²
  • 10 active listings

From active listings

What does it cost to rent in 20459 Hamburg?

The median cold rent in 20459 Hamburg is currently €16.59 per square metre. The typical flat costs €1,021 a month before service charges. Both are medians in their own right, drawn from 10 rental flats listed right now in postal code 20459. They are asking rents from live listings, not an official municipal Mietspiegel.

As of November 4, 2026

Asking rents

Median cold rent
€1,021
Median floor area
58 m²

By room count

RoomsListingsMedian cold rentper m²
26€815€15.63
34€1,695€17.54

How 20459 compares

At €16.59 per m², the median cold rent in 20459 is 8% below the figure for all of Hamburg (€18.02). Measured against asking prices in Hamburg (€6,697 per m²), that is a gross rental yield of about 3.0%.

What does buying a typical flat in 20459 Hamburg cost?

Example for a typical rental flat in this postal code with 58 m², valued at the asking price for Hamburg (€6,697 per m²): about €388,000. Based on the standard assumptions of our analysis.

Purchase price€388,000
Property transfer tax Hamburg (5.5%)€21,340
Notary (1.0%)€3,880
Land registry (0.5%)€1,940
Broker (3.57%)€13,852
Total closing costs€41,012
Equity (20 % plus closing costs)€118,612
Loan€310,400
Monthly payment (3.5% interest, 30 years)€1,394
Cold rent at 58 m²€961
Surplus before running costs-€433

Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.

Frequently asked questions

The answers come from 10 current rental listings in 20459 Hamburg, as of November 4, 2026.

Terms and method

The glossary explains the terms; the methodology shows how the figures are built.

GlossaryMethodology

What does a rental flat cost per square metre in 20459?

The median cold rent in 20459 Hamburg is €16.59 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 10 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.

How many rental flats are listed in 20459 right now?

There are 10 rental flats listed in 20459 Hamburg right now. The typical one offers 58 m² of floor space at a median cold rent of €1,021 a month. The count moves daily as new listings appear and let flats drop out; this page refreshes it once a day.

What counts as cheap and what counts as expensive rent in 20459?

A quarter of the flats in 20459 Hamburg are offered below €13.60 per square metre and another quarter above €18.14. The range between the two is what the market treats as normal. Anything under €13.60 counts as cheap here, and anything over €18.14 as expensive for the area.

Is a flat in this area worth it?

Run the purchase price, financing, tax and cash flow in a few minutes.

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