Average rent in 39116 Magdeburg
Median cold rent per m²
€7.30/ m²
- €6.93 – €8.45 per m²
- 26 active listings
From active listings
What does it cost to rent in 39116 Magdeburg?
The median cold rent in 39116 Magdeburg is currently €7.30 per square metre. The typical flat costs €480 a month before service charges. Both are medians in their own right, drawn from 26 rental flats listed right now in postal code 39116. They are asking rents from live listings, not an official municipal Mietspiegel.
As of November 3, 2026
Asking rents
- Median cold rent
- €480
- Median floor area
- 63 m²
By room count
| Rooms | Listings | Median cold rent | per m² |
|---|---|---|---|
| 2 | 9 | €480 | €8.16 |
| 3 | 13 | €490 | €7.11 |
How 39116 compares
At €7.30 per m², the median cold rent in 39116 is 3% below the figure for all of Magdeburg (€7.50). Measured against asking prices in Magdeburg (€1,892 per m²), that is a gross rental yield of about 4.6%.
What does buying a typical flat in 39116 Magdeburg cost?
Example for a typical rental flat in this postal code with 63 m², valued at the asking price for Magdeburg (€1,892 per m²): about €119,000. Based on the standard assumptions of our analysis.
| Purchase price | €119,000 |
|---|---|
| Property transfer tax Saxony-Anhalt (5.0%) | €5,950 |
| Notary (1.0%) | €1,190 |
| Land registry (0.5%) | €595 |
| Broker (3.57%) | €4,248 |
| Total closing costs | €11,983 |
| Equity (20 % plus closing costs) | €35,783 |
| Loan | €95,200 |
| Monthly payment (3.5% interest, 30 years) | €427 |
| Cold rent at 63 m² | €461 |
| Surplus before running costs | €33 |
Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.
Frequently asked questions
The answers come from 26 current rental listings in 39116 Magdeburg, as of November 3, 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 39116?
The median cold rent in 39116 Magdeburg is €7.30 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 26 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.
How many rental flats are listed in 39116 right now?
There are 26 rental flats listed in 39116 Magdeburg right now. The typical one offers 63 m² of floor space at a median cold rent of €480 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 39116?
A quarter of the flats in 39116 Magdeburg are offered below €6.93 per square metre and another quarter above €8.45. The range between the two is what the market treats as normal. Anything under €6.93 counts as cheap here, and anything over €8.45 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.