🇩🇪 Germany

Hamburg

EUR 6,100/m² 1.5%

Germany's second-largest city and major port, with premium waterfront properties and a strong media industry.

City Center
EUR 8,000/m²
Rental Yield
3.7%
Salary/m²
2.3 months
Avg Salary
EUR 2,700/mo

Is Hamburg expensive?

Hamburg is 7% below the European average of €6,560/m² and 9% below the Germany average of €6,733/m².

At €6,100/m², it takes 2.3 months of the average local net salary (€2,700/mo) to purchase one square meter. Prices are currently falling at 1.5% year-over-year.

Price History

Frequently Asked Questions

What is the average price per m² in Hamburg?↓
The average apartment price in Hamburg is €6,100 per square meter as of Q1 2026. City center prices average €8,000/m².
Is Hamburg expensive compared to Germany?↓
Hamburg is 9% below the Germany average of €6,733/m².
What is the rental yield in Hamburg?↓
The average rental yield in Hamburg is 3.7%, based on an average rent of €19/m² per month and purchase price of €6,100/m².
Is Hamburg a good place to buy property?↓
Hamburg is rated "Expensive" with prices falling at 1.5%. It takes 2.3 months of average local salary to buy one square meter.

Similar Price Range

🇫🇮 Finland
Helsinki
€6,200/m²
🇩🇪 Germany
Berlin
€5,900/m²
🇮🇪 Ireland
Dublin
€5,800/m²
🇮🇹 Italy
Milan
€6,500/m²

More in 🇩🇪 Germany

🇩🇪 Berlin
€5,900/m²
🇩🇪 Munich
€8,200/m²

Compare Hamburg

Hamburg vs BerlinHamburg vs Munich