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Rent in Hamburg

Hamburg is a high-demand rental market governed by the Hamburger Mietenspiegel. Deposits are capped at 3 months cold rent, and standard leases are open-ended.

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Street-verified new-builds
Notary & Grundbuch
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New-builds

New-builds in Hamburg, tracked to the address

Every project is street-verified against official developer sources — house number, quarter, units, completion. Prices in EUR per m² where published.

Westfield Hamburg-Überseequartier — Quantum Immobilien AG render

HafenCity

Westfield Hamburg-Überseequartier

€11,500/m²

Überseeboulevard 1, 20457 Hamburg, HafenCity

579 units · 95% built 2026 Q4

Developer: Quantum Immobilien AG

SAGA Horn — SAGA render

Hamburg

SAGA Horn

On request

Horn, 22119 Hamburg

220 units · 80% built 2026 Q4

Developer: SAGA

HafenCity — ECE Group render

HafenCity

HafenCity

On request

Überseequartier, 20457 Hamburg, HafenCity

6,000 units · 75% built 2030 Q4

Developer: ECE Group

Kolbenhöfe Hamburg-Ottensen — OTTO WULFF render

Hamburg

Kolbenhöfe Hamburg-Ottensen

€7,900/m²

Friedensallee 128, 22763 Hamburg

420 units · 75% built 2026 Q4

Developer: OTTO WULFF

Strandkai HafenCity (Fifty9 & The Crown) — DC Developments render

HafenCity

Strandkai HafenCity (Fifty9 & The Crown)

€14,200/m²

Strandkai 1, 20457 Hamburg, HafenCity

470 units · 100% built 2025

Developer: DC Developments

Quartier Ipanema — OTTO WULFF render

Hamburg

Quartier Ipanema

€7,400/m²

Überseering 30, 22297 Hamburg

523 units · 100% built 2025

Developer: OTTO WULFF

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Cities

82 cities, each with its own transfer tax

Grunderwerbsteuer is state law — the same apartment costs a different surcharge in Munich and Cologne. The twelve largest first; the rest folds open.

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What a purchase really costs

€500,000 apartment in Hamburg

Transfer tax (Grunderwerbsteuer 5.5%)
€27,500
Notary (≈1.5%)
€7,500
Land register (Grundbuch ≈0.5%)
€2,500
Buyer agent share (3.57% incl. VAT)
€17,850
Cash needed at notary
€555,350

≈ +11.1% over the price. Provisionsfrei (no-agent) listings drop the Makler line. The notary reads the contract aloud before signature — German law, not a formality.

Rentals run on rules

The rent side, in three lines

  • Bestellerprinzip: whoever hires the agent pays. No tenant commission on residential lets.
  • Deposits cap at three months’ cold rent (§551 BGB) and must sit on a separate savings account.
  • Mietpreisbremse caps new leases above local comparative rent in tight areas; Berlin’s Mietspiegel sets the benchmark.
  • Modernization may be passed on at 8% of cost per year (§559 BGB) — check the Anpassung history before you underwrite.

Qualitative anchors only — live numbers come from the official city Mietspiegel, never a hardcoded table.

Developers

The builders behind the pipeline

Municipal landlords, premium Bauträger and boutique owner-run developers — tracked from Handelsregister to handover.

SAGA

Hamburg · 100 yrs · 137,000 units delivered

SAGA Unternehmensgruppe is Hamburg’s municipal landlord (~137,000 units). The city’s affordable-rental core plus new-build in every district.

Profile

Quantum Immobilien AG

Hamburg · 25 yrs · 12,000 units delivered

Quantum Immobilien AG is an independent Hamburg real estate group (~€11bn assets) developing high-quality urban quarters in Hamburg HafenCity, Berlin, Frankfurt and Munich.

Profile

ten brinke

Hamburg · 45 yrs · 8,000 units delivered

ten brinke is a German-Dutch project developer (Vreden, since 1977). In Berlin it is building 444 rentals in Marzahn-Mitte together with Greystar.

Profile

B&L Gruppe

Hamburg · 55 yrs · 7,000 units delivered

B&L Gruppe is a premier Hamburg developer founded in 1970, specializing in waterfront transformations, high-rises and urban districts in Hamburg, Frankfurt, Munich and Cologne.

Profile

ECE Group

Hamburg · 61 yrs · 5,000 units delivered

ECE Group (Otto family) is Europe's leading shopping-centre developer and manager out of Hamburg (Alstertal, Überseequartier in HafenCity) plus residential and office projects.

Profile

DC Developments

Hamburg · 20 yrs · 4,500 units delivered

DC Developments develops high-profile residential and mixed-use quarters including Strandkai in Hamburg’s HafenCity, Sedelhöfe in Ulm, and urban districts nationwide.

Profile

Most leases in Hamburg are unfurnished and indefinite. Cold rent (Kaltmiete) covers the space; heating and operating costs (Nebenkosten) are paid monthly as an advance and settled annually via the Betriebskostenabrechnung.

Tenants must provide SCHUFA credit records, 3 months of salary slips, and landlord references (Mietschuldenfreiheitsbescheinigung). Indexmiete (inflation-linked) and Staffelmiete (scheduled step increases) are common in newer buildings.

FAQ

How much deposit is legal in Hamburg?

Under §551 BGB, the security deposit (Mietkaution) cannot exceed three months cold rent (Nettokaltmiete), payable in three equal monthly instalments.

Does the rent cap (Mietpreisbremse) apply in Hamburg?

Yes. Hamburg enforces the rent brake across the entire city territory, capping new leases at a maximum of 10% above the local comparative rent (Mietenspiegel), with exemptions for newly constructed buildings (first use after Oct 2014).

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