Average rent in 39120 Magdeburg

Median cold rent per m²

€7.50/ m²

  • €6.24 – €8.36 per m²
  • 26 active listings

From active listings

What does it cost to rent in 39120 Magdeburg?

The median cold rent in 39120 Magdeburg is currently €7.50 per square metre. The typical flat costs €422 a month before service charges. Both are medians in their own right, drawn from 26 rental flats listed right now in postal code 39120. They are asking rents from live listings, not an official municipal Mietspiegel.

As of November 4, 2026

Asking rents

Median cold rent
€422
Median floor area
57 m²

By room count

RoomsListingsMedian cold rentper m²
213€388€7.50
311€444€7.00

Market speed

Median time to let
10 days
Last 30 days
21 new · 30 let
Listings with a rent cut
19%

How 39120 compares

At €7.50 per m², the median cold rent in 39120 matches the figure for all of Magdeburg almost exactly (€7.50). Measured against asking prices in Magdeburg (€1,902 per m²), that is a gross rental yield of about 4.7%.

What does buying a typical flat in 39120 Magdeburg cost?

Example for a typical rental flat in this postal code with 57 m², valued at the asking price for Magdeburg (€1,902 per m²): about €108,000. Based on the standard assumptions of our analysis.

Purchase price€108,000
Property transfer tax Saxony-Anhalt (5.0%)€5,400
Notary (1.0%)€1,080
Land registry (0.5%)€540
Broker (3.57%)€3,856
Total closing costs€10,876
Equity (20 % plus closing costs)€32,476
Loan€86,400
Monthly payment (3.5% interest, 30 years)€388
Cold rent at 57 m²€427
Surplus before running costs€39

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 39120 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 39120?

The median cold rent in 39120 Magdeburg is €7.50 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 39120 right now?

There are 26 rental flats listed in 39120 Magdeburg right now. The typical one offers 57 m² of floor space at a median cold rent of €422 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 39120?

A quarter of the flats in 39120 Magdeburg are offered below €6.24 per square metre and another quarter above €8.36. The range between the two is what the market treats as normal. Anything under €6.24 counts as cheap here, and anything over €8.36 as expensive for the area.

How quickly do flats let in 39120?

A rental flat in 39120 Magdeburg stays listed for a median of 10 days before it comes off the market, measured across 14 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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