How much will one square metre in Hamburg cost you? Hamburg’s overview of rental prices provides guidance for your office search. For many companies, payable rents are the second largest cost factor just after personnel. Hence the price of commercial rental properties is a core issue for users, real estate agents, advisory service providers and property owners alike. Little wonder then that the rent tends to be crucial when deciding for or against a location.
Commercial rental overview Hamburg
© Mediaserver Hamburg/Jörg Modrow
Overview of rental prices for your commercial space search
Commercial rents in Hamburg
Provided by Hamburg Invest and based on data submitted by real estate agents, the overview of commercial rents is compiled annually and represents the average rents realised on the market for office space, warehouse space and retail space.
Figures refer to net rent per square metre excluding ancillary costs.
Source: Immo Scout24; market reports
Office space
Average and prime rents
Average rent: €21.50 per m² | Prime rent: €34,00 per m²
Rental price range in EUR/m²
*The prime rent peaked in Hamburg in 2023 at € 34.00/m²
| City: | 15.00 – 34.00* |
| Alster-East: | 13.00 – 21.50 |
| St. Georg: | 12.00 – 21.00 |
| Alster-West: | 14.00 – 24.00 |
| Hafenrand: | 15.00 – 25.00 |
| Altona / St. Pauli: | 11.50 – 25.00 |
| Eimsbüttel / Eppendorf: | 11.00 – 18.00 |
| HafenCity: | 17.00 – 34.00 |
| City-South: | 12.00 – 19.00 |
| Harburg: | 9.00 – 14.50 |
| Flughafen: | 10.00 – 15.50 |
| City-North: | 11.00 – 19.00 |
| West of Hamburg: | 11.00 – 19.50 |
| East of Hamburg: | 10.00 – 16.00 |
Industrial & logistics space
Average and prime rents
Average rent €6,40 per m² | Prime rent €8,40 per m²
Rental price range in EUR/m²
*The prime rent peaked in 2023 at € 8,40/m² in Hamburg
| Hamburg-North: | 5.70 - 6.90 | |
| Hamburg-East: | 5.20 - 6.60 | |
| Hamburg-South: | 6.00 - 8,40* | |
| Hamburg-West: | 5.40 - 6.90 | |
| Surroundings North: | 4.10 - 5.70 | |
| Surroundings South: | 5.00 - 5.30 | |
| Surroundings East: | 4.30 - 5.90 | |
| Surroundings West: | 4.70 - 5.70 | |
