Average rent in 39118 Magdeburg

Median cold rent per m²

€7.27/ m²

  • €6.91 – €7.51 per m²
  • 32 active listings

From active listings

What does it cost to rent in 39118 Magdeburg?

The median cold rent in 39118 Magdeburg is currently €7.27 per square metre. The typical flat costs €372 a month before service charges. Both are medians in their own right, drawn from 32 rental flats listed right now in postal code 39118. They are asking rents from live listings, not an official municipal Mietspiegel.

As of November 4, 2026

Asking rents

Median cold rent
€372
Median floor area
50 m²

By room count

RoomsListingsMedian cold rentper m²
14€208€6.55
217€368€7.40
311€432€7.50

How 39118 compares

At €7.27 per m², the median cold rent in 39118 is 3% below the figure for all of Magdeburg (€7.50). Measured against asking prices in Magdeburg (€1,902 per m²), that is a gross rental yield of about 4.6%.

What does buying a typical flat in 39118 Magdeburg cost?

Example for a typical rental flat in this postal code with 50 m², valued at the asking price for Magdeburg (€1,902 per m²): about €96,000. Based on the standard assumptions of our analysis.

Purchase price€96,000
Property transfer tax Saxony-Anhalt (5.0%)€4,800
Notary (1.0%)€960
Land registry (0.5%)€480
Broker (3.57%)€3,427
Total closing costs€9,667
Equity (20 % plus closing costs)€28,867
Loan€76,800
Monthly payment (3.5% interest, 30 years)€345
Cold rent at 50 m²€367
Surplus before running costs€22

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

Frequently asked questions

The answers come from 32 current rental listings in 39118 Magdeburg, 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 39118?

The median cold rent in 39118 Magdeburg is €7.27 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 32 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.

How many rental flats are listed in 39118 right now?

There are 32 rental flats listed in 39118 Magdeburg right now. The typical one offers 50 m² of floor space at a median cold rent of €372 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 39118?

A quarter of the flats in 39118 Magdeburg are offered below €6.91 per square metre and another quarter above €7.51. The range between the two is what the market treats as normal. Anything under €6.91 counts as cheap here, and anything over €7.51 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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