Average rent in 20539 Hamburg
Median cold rent per m²
€21.13/ m²
- €19.69 – €23.31 per m²
- 51 active listings
From active listings
What does it cost to rent in 20539 Hamburg?
The median cold rent in 20539 Hamburg is currently €21.13 per square metre. The typical flat costs €1,780 a month before service charges. Both are medians in their own right, drawn from 51 rental flats listed right now in postal code 20539. They are asking rents from live listings, not an official municipal Mietspiegel.
As of November 4, 2026
Asking rents
- Median cold rent
- €1,780
- Median floor area
- 86 m²
By room count
| Rooms | Listings | Median cold rent | per m² |
|---|---|---|---|
| 1 | 8 | €1,015 | €26.02 |
| 2 | 10 | €1,244 | €22.46 |
| 3 | 23 | €1,799 | €20.82 |
| 4+ | 10 | €2,375 | €21.13 |
Market speed
- Median time to let
- 11 days
- Last 30 days
- 55 new · 55 let
- Listings with a rent cut
- 8%
How 20539 compares
At €21.13 per m², the median cold rent in 20539 is 17% above the figure for all of Hamburg (€18.02). Measured against asking prices in Hamburg (€6,713 per m²), that is a gross rental yield of about 3.8%.
What does buying a typical flat in 20539 Hamburg cost?
Example for a typical rental flat in this postal code with 86 m², valued at the asking price for Hamburg (€6,713 per m²): about €579,000. Based on the standard assumptions of our analysis.
| Purchase price | €579,000 |
|---|---|
| Property transfer tax Hamburg (5.5%) | €31,845 |
| Notary (1.0%) | €5,790 |
| Land registry (0.5%) | €2,895 |
| Broker (3.57%) | €20,670 |
| Total closing costs | €61,200 |
| Equity (20 % plus closing costs) | €177,000 |
| Loan | €463,200 |
| Monthly payment (3.5% interest, 30 years) | €2,080 |
| Cold rent at 86 m² | €1,824 |
| Surplus before running costs | -€256 |
Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.
Frequently asked questions
The answers come from 51 current rental listings in 20539 Hamburg, as of November 4, 2026.
Terms and method
The glossary explains the terms; the methodology shows how the figures are built.
What does a rental flat cost per square metre in 20539?
The median cold rent in 20539 Hamburg is €21.13 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 51 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.
How many rental flats are listed in 20539 right now?
There are 51 rental flats listed in 20539 Hamburg right now. The typical one offers 86 m² of floor space at a median cold rent of €1,780 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 20539?
A quarter of the flats in 20539 Hamburg are offered below €19.69 per square metre and another quarter above €23.31. The range between the two is what the market treats as normal. Anything under €19.69 counts as cheap here, and anything over €23.31 as expensive for the area.
How quickly do flats let in 20539?
A rental flat in 20539 Hamburg stays listed for a median of 11 days before it comes off the market, measured across 38 completed listings. The shorter that period, the tighter the supply and the less room a prospective tenant has to negotiate on the asking rent.
Is a flat in this area worth it?
Run the purchase price, financing, tax and cash flow in a few minutes.