Hamburg property prices and rental yields

Region of Germany

Home prices in Hamburg rose 5.0% a year on average from 2016 to 2025, the 9th fastest of 16 regions in Germany. Renting out on 12-month lets earned a gross yield of 3.2% of the price a year, falling from 4.0% in 2016 to 3.1% in 2025 as prices outpaced rents. A square metre cost €6,486 in 2025 (25% above the Germany level of €5,200).

Updated 2026-10-28 · Data 2015–2026 so far

Price growth
+5.0%
a year, 2016–2025
Rental yield
3.2%
12-month lets, gross, 2016–2025 average
Price per m²
€6,486
2025
Price growth in 2026 so far
−0.1%
on the same months of 2025

Price growth by year

% change on the year before

201520162017201820192020202120222023202420252026

How Hamburg compares

Hamburg
Price growth+5.0%
Rental yield3.2%
Price per m²€6,486
Germany
Price growth+4.3%
Rental yield3.2%
Price per m²€5,200

Questions

What is the average property price per m² in Hamburg?

€6,486 per m² in 2025, from Kiel Institute for the World Economy (IfW), ECONtribute and local valuation committees (Gutachterausschüsse).

How much have property prices risen in Hamburg?

+5.0% a year on average from 2016 to 2025, and −0.1% in 2026 so far.

What rental yield can you get in Hamburg?

3.2% of the price a year on average for 12-month lets in 2016–2025, and 3.1% in 2025. These are gross figures, before costs, fees, empty months and tax.

Sources

How it's calculated →

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