Average rent in 22523 Hamburg

Median cold rent per m²

€12.19/ m²

  • €9.71 – €19.55 per m²
  • 18 active listings

From active listings

What does it cost to rent in 22523 Hamburg?

The median cold rent in 22523 Hamburg is currently €12.19 per square metre. The typical flat costs €758 a month before service charges. Both are medians in their own right, drawn from 18 rental flats listed right now in postal code 22523. They are asking rents from live listings, not an official municipal Mietspiegel.

As of November 4, 2026

Asking rents

Median cold rent
€758
Median floor area
66 m²

By room count

RoomsListingsMedian cold rentper m²
24€591€9.91
310€875€12.19
4+3€1,547€15.93

Market speed

Median time to let
8 days
Last 30 days
28 new · 19 let
Listings with a rent cut
0%

How 22523 compares

At €12.19 per m², the median cold rent in 22523 is 32% below 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 2.2%.

What does buying a typical flat in 22523 Hamburg cost?

Example for a typical rental flat in this postal code with 66 m², valued at the asking price for Hamburg (€6,713 per m²): about €443,000. Based on the standard assumptions of our analysis.

Purchase price€443,000
Property transfer tax Hamburg (5.5%)€24,365
Notary (1.0%)€4,430
Land registry (0.5%)€2,215
Broker (3.57%)€15,815
Total closing costs€46,825
Equity (20 % plus closing costs)€135,425
Loan€354,400
Monthly payment (3.5% interest, 30 years)€1,591
Cold rent at 66 m²€805
Surplus before running costs-€786

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

Frequently asked questions

The answers come from 18 current rental listings in 22523 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 22523?

The median cold rent in 22523 Hamburg is €12.19 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 18 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.

How many rental flats are listed in 22523 right now?

There are 18 rental flats listed in 22523 Hamburg right now. The typical one offers 66 m² of floor space at a median cold rent of €758 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 22523?

A quarter of the flats in 22523 Hamburg are offered below €9.71 per square metre and another quarter above €19.55. The range between the two is what the market treats as normal. Anything under €9.71 counts as cheap here, and anything over €19.55 as expensive for the area.

How quickly do flats let in 22523?

A rental flat in 22523 Hamburg stays listed for a median of 8 days before it comes off the market, measured across 17 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.

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