St. Pauli / Altona (prime, ~€360/sqm/yr · ≈ $36.1 PSF/yr USD) is one of 5 Hamburg Class A submarkets we track.

  • St. Pauli / Altona sits at prime tier.
  • Average rent €360/sqm/yr · ≈ $36.1 PSF/yr USD vs city average 408.
  • Compared submarkets: HafenCity (trophy), Neustadt / Innenstadt (trophy), Barmbek / City Nord (prime).

St. Pauli / Altona vs other Hamburg submarkets

St. Pauli / Altona (prime, ~€360/sqm/yr · ≈ $36.1 PSF/yr USD) is one of 5 Hamburg Class A submarkets we track.

TL;DR

  • St. Pauli / Altona sits at prime tier.
  • Average rent €360/sqm/yr · ≈ $36.1 PSF/yr USD vs city average 408.
  • Compared submarkets: HafenCity (trophy), Neustadt / Innenstadt (trophy), Barmbek / City Nord (prime).

Side-by-side with peers

**HafenCity** (trophy, €444/sqm/yr · ≈ $44.5 PSF/yr USD) — Europe's largest inner-city redevelopment. **Neustadt / Innenstadt** (trophy, €432/sqm/yr · ≈ $43.3 PSF/yr USD) — Heritage CBD core. **Barmbek / City Nord** (prime, €312/sqm/yr · ≈ $31.3 PSF/yr USD) — Northern suburban Class A. **Winterhude / Uhlenhorst** (prime, €348/sqm/yr · ≈ $34.9 PSF/yr USD) — Boutique HQ submarket.

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 other submarkets compete with St. Pauli / Altona in Hamburg?
HafenCity, Neustadt / Innenstadt, Barmbek / City Nord

Related

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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