Average rent in 22559 Hamburg

Median cold rent per m²

€15.13/ m²

  • €14.05 – €18.44 per m²
  • 24 active listings

From active listings

What does it cost to rent in 22559 Hamburg?

The median cold rent in 22559 Hamburg is currently €15.13 per square metre. The typical flat costs €1,145 a month before service charges. Both are medians in their own right, drawn from 24 rental flats listed right now in postal code 22559. They are asking rents from live listings, not an official municipal Mietspiegel.

As of November 4, 2026

Asking rents

Median cold rent
€1,145
Median floor area
74 m²

By room count

RoomsListingsMedian cold rentper m²
13€544€15.00
213€1,140€15.80
33€1,094€15.00
4+7€1,485€15.00

How 22559 compares

At €15.13 per m², the median cold rent in 22559 is 16% 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 2.7%.

What does buying a typical flat in 22559 Hamburg cost?

Example for a typical rental flat in this postal code with 74 m², valued at the asking price for Hamburg (€6,697 per m²): about €495,000. Based on the standard assumptions of our analysis.

Purchase price€495,000
Property transfer tax Hamburg (5.5%)€27,225
Notary (1.0%)€4,950
Land registry (0.5%)€2,475
Broker (3.57%)€17,671
Total closing costs€52,322
Equity (20 % plus closing costs)€151,322
Loan€396,000
Monthly payment (3.5% interest, 30 years)€1,778
Cold rent at 74 m²€1,118
Surplus before running costs-€661

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

Frequently asked questions

The answers come from 24 current rental listings in 22559 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 22559?

The median cold rent in 22559 Hamburg is €15.13 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 24 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.

How many rental flats are listed in 22559 right now?

There are 24 rental flats listed in 22559 Hamburg right now. The typical one offers 74 m² of floor space at a median cold rent of €1,145 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 22559?

A quarter of the flats in 22559 Hamburg are offered below €14.05 per square metre and another quarter above €18.44. The range between the two is what the market treats as normal. Anything under €14.05 counts as cheap here, and anything over €18.44 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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