Average rent in 01589 Riesa
Median cold rent per m²
€6.17/ m²
- €5.72 – €7.13 per m²
- 12 active listings
From active listings
What does it cost to rent in 01589 Riesa?
The median cold rent in 01589 Riesa is currently €6.17 per square metre. The typical flat costs €383 a month before service charges. Both are medians in their own right, drawn from 12 rental flats listed right now in postal code 01589. They are asking rents from live listings, not an official municipal Mietspiegel.
As of November 3, 2026
Asking rents
- Median cold rent
- €383
- Median floor area
- 60 m²
By room count
| Rooms | Listings | Median cold rent | per m² |
|---|---|---|---|
| 2 | 8 | €375 | €6.53 |
| 3 | 4 | €435 | €6.01 |
How 01589 compares
At €6.17 per m², the median cold rent in 01589 is 6% below the figure for all of Riesa (€6.56). Measured against asking prices in Riesa (€1,229 per m²), that is a gross rental yield of about 6.0%.
What does buying a typical flat in 01589 Riesa cost?
Example for a typical rental flat in this postal code with 60 m², valued at the asking price for Riesa (€1,229 per m²): about €74,000. Based on the standard assumptions of our analysis.
| Purchase price | €74,000 |
|---|---|
| Property transfer tax Saxony (5.5%) | €4,070 |
| Notary (1.0%) | €740 |
| Land registry (0.5%) | €370 |
| Broker (3.57%) | €2,642 |
| Total closing costs | €7,822 |
| Equity (20 % plus closing costs) | €22,622 |
| Loan | €59,200 |
| Monthly payment (3.5% interest, 30 years) | €266 |
| Cold rent at 60 m² | €373 |
| Surplus before running costs | €107 |
Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.
Frequently asked questions
The answers come from 12 current rental listings in 01589 Riesa, 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 01589?
The median cold rent in 01589 Riesa is €6.17 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 12 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.
How many rental flats are listed in 01589 right now?
There are 12 rental flats listed in 01589 Riesa right now. The typical one offers 60 m² of floor space at a median cold rent of €383 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 01589?
A quarter of the flats in 01589 Riesa are offered below €5.72 per square metre and another quarter above €7.13. The range between the two is what the market treats as normal. Anything under €5.72 counts as cheap here, and anything over €7.13 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.