St. Pauli / Altona is a prime-tier Hamburg submarket with average asking rent around €360/sqm/yr · ≈ $36.1 PSF/yr USD.

  • Average asking rent: €360/sqm/yr · ≈ $36.1 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: €408/sqm/yr · ≈ $40.9 PSF/yr USD ($41 USD).
  • Citywide vacancy: 4.4% — submarket-level availability is typically tighter at prime tier.

St. Pauli / Altona, Hamburg office rents and availability

St. Pauli / Altona is a prime-tier Hamburg submarket with average asking rent around €360/sqm/yr · ≈ $36.1 PSF/yr USD.

TL;DR

  • Average asking rent: €360/sqm/yr · ≈ $36.1 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: €408/sqm/yr · ≈ $40.9 PSF/yr USD ($41 USD).
  • Citywide vacancy: 4.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

St. Pauli / Altona averages around €360/sqm/yr · ≈ $36.1 PSF/yr USD for Class A, against a citywide Class A index of 408. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Repositioned creative-class corridor. Tech, advertising, design, entertainment, hospitality.

Key facts

cityHamburg
submarketSt. Pauli / Altona
tierprime
averageRentLocal€360/sqm/yr · ≈ $36.1 PSF/yr USD
cityClassARentUsd$41/sqft/yr
cityVacancyPct4.4%

Frequently asked questions

What is the average Class A rent in St. Pauli / Altona, Hamburg?
Around €360/sqm/yr · ≈ $36.1 PSF/yr USD. The citywide Class A index sits at €408/sqm/yr · ≈ $40.9 PSF/yr USD.

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Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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