Hamburg, Germany
Property prices · 2026 · Europe · Price +3.4% vs 2025
Property price trend in Hamburg (2024–2026)
Property comparison — cities in Germany (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Hamburg |
|---|---|---|---|---|
| Hamburg | EUR 8,385 | EUR 5,590 | EUR 1,720 | — |
| Munich | EUR 11,610 | EUR 7,740 | EUR 2,258 | +38.5% |
| Frankfurt | EUR 8,815 | EUR 5,912 | EUR 1,828 | +5.1% |
| Stuttgart | EUR 7,740 | EUR 5,160 | EUR 1,666 | -7.7% |
| Cologne | EUR 7,310 | EUR 4,838 | EUR 1,559 | -12.8% |
| Berlin | EUR 6,634 | EUR 4,387 | EUR 1,498 | -20.9% |
Other Europe cities (2026)
Frequently asked questions
How much does property cost in Hamburg in 2026?
In Hamburg, the average price per sqm in the city centre is EUR 8,385, and EUR 5,590 outside the centre (2026 data). Prices have risen 7.5% since 2024.
How much is rent in Hamburg in 2026?
A 1-bedroom apartment in Hamburg rents for approximately EUR 1,720 per month in 2026. A 3-bedroom apartment costs around EUR 2,688/month.
Is it better to buy or rent in Hamburg?
Renting is generally more cost-effective in Hamburg. The price-to-rent ratio is 23.0x — it would take approximately 23.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.50%.
What are mortgage rates in Germany in 2026?
The average mortgage rate in Germany is approximately 3.50% as of 2026. With a price-to-rent ratio of 23.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Hamburg changed?
Property prices in Hamburg have changed +3.4% vs 2025. Since 2024, prices have increased by 7.5%. Use the year tabs above to compare prices across years.
What is the price per sqm in Hamburg?
The average property price per square metre in Hamburg city centre is EUR 8,385 in 2026. Outside the centre, expect to pay around EUR 5,590/sqm.