500 Apartments to Buy in Vienna, 5. - Margareten

If you are considering buying an apartment in the 5th municipal district of Vienna – Margareten – you are choosing a urban neighborhood with lots of charm and quality of life. The centrally located district scores with a varied residential landscape, lively local quarters and a successful mix of busy main streets and quiet side streets.

• Compact district with high density: Margareten is only 2.03 km² in area, but with over 50,000 residents it is very densely populated. As a Viennese district it ranks among the top in terms of population density – pure urban living. At the same time, everything important is conveniently reachable because distances are short.
• Old-building charm shapes the streetscape: Many buildings in 1050 Vienna date from the turn of the century around 1900. These turn-of-the-century properties with their beautiful façades and high ceilings give Margareten its old-building character. The district therefore offers a lot of historical charm that you can feel in the apartments – from classic parquet floors to double doors.
• Ideal for singles and couples: A large share of the apartments in Margareten are 1- to 3-room units, often around 50 to 80 m². This makes the district particularly attractive for singles, young couples and small households who want to live centrally. Larger family apartments (4 rooms and more) are rarer but available – mostly in the form of merged old-building units or modern penthouses.
• Still relatively affordable purchase prices: Real estate prices in Margareten are on average slightly below those of the neighboring inner districts. The purchase price per square meter of living space is currently around €7,000 to €8,000 (as of 2025, depending on location and condition). That makes 1050 Vienna comparatively inexpensive for such a central location. Demand is rising, however – with improvements like the new subway line, further price increases can be expected in the future.
• Living between trend and tradition: Margareten combines trendy city life with Viennese tradition. Around Reinprechtsdorfer Straße and Margaretenplatz you will find hip cafés, street art and young start-ups, while traditional pubs and markets continue to shape the scene. Each Grätzl (neighborhood) has its own flair: the Hundsturm quarter with its park, the Schlossquadrat at Margaretenplatz for gastronomy, or the quiet residential areas at Mittersteig. This mix makes living in Margareten varied and interesting.

Margareten is the 5th district of Vienna and, with around 2.03 km² of area, one of the smallest districts of Vienna. At the same time, more than 50,000 people live here – so the district is densely populated and has an urban character.

Margareten lies centrally southwest of the Inner City, adjacent to the districts Wieden (1040), Mariahilf (1060), Favoriten (1100) and Meidling (1120).

Those who live in 1050 Vienna enjoy the proximity to the city while at the same time experiencing the neighborhood's own character: Margareten is considered an up-and-coming residential district with a mix of traditional working-class charm and modern lifestyle.

In 1050 Vienna you will find a wide range of apartments. Whether compact 2-room apartments for singles, spacious 3-room apartments for small families or unusual attic apartments with terraces – Margareten offers something for every need.

The 2-room apartment is very common in Margareten and particularly popular with singles and young couples. Typically it is a flat on one floor with a living room, bedroom, kitchen (often integrated as a fitted kitchen in the living room) and bathroom/WC.

The living area of such apartments is usually between about 40 and 70 m². Two rooms provide enough space for individuals or couples and are an affordable option to acquire ownership in 1050 Vienna.

A 3-room apartment offers an additional room – usually used as a second bedroom, children's room or home office – and is therefore interesting for small families or couples who need more space.

In Margareten, 3-room condominiums are mainly found in old buildings, sometimes with around 70 to 120 m² of living space. Larger floor plans are rarer and often correspondingly more expensive. Those who want to buy a 3-room apartment will find renovated old buildings with charm as well as some newer properties in Margareten.

An attic apartment is located on the top floor, often in a converted attic. Many roofs in Margareten have been subsequently built out, so there is a good supply of attic apartments – sometimes even on two levels as a maisonette. Such apartments are characterized by brightness, wide views over the city and often unusual layouts.

Attic apartments often have a terrace or roof loggia, which is a big plus in the city. Modern roof conversions score with high-quality materials – e.g. fine parquet floors, designer bathrooms, air conditioning and large windows.

However, the luxury of an attic apartment comes at a price: the purchase price per square meter is usually higher here than for apartments on lower floors.

Margareten is rich in old-building apartments, i.e. apartments in buildings that were mainly constructed around 1900 (turn-of-the-century/Art Nouveau).

An old-building apartment can be recognized by typical features:

• High rooms with usually over 3 meters ceiling height.
• Beautiful old-building details such as double doors, box windows, stucco or herringbone parquet.
• A special charm of bygone times.

Many old buildings are under historic preservation or have magnificent façades. However, numerous old buildings in the 5th district have also been modernized or renovated and now offer modern living comfort behind a historic façade.

For example, in Krongasse near Margaretenplatz you can find completely renovated old-building apartments where historical charm meets modern living style – including elevator, balcony and high-end fittings.

Old-building apartments can be 2-room or 3-room units; larger old-building properties with 4 or more rooms are rare and often found in former turn-of-the-century houses with stately floor plans.

Tip: Buyers should pay attention to the condition when purchasing old-building condominiums: What is the state of the roof and façade, is there a passenger lift, how is the heating system? Well-maintained or renovated old-building properties in Margareten, however, offer a unique living value and retain their value thanks to the timeless demand for old-building real estate.

The term floor apartment generally refers to an apartment that is located on a single floor (as opposed to maisonettes). Practically every classic apartment in a multi-unit building is thus a floor apartment.

A floor apartment can therefore be of any size, from a studio to a family flat. Characteristic is that all rooms are conveniently on one level. In 1050 Vienna you will find floor apartments in all variants: the compact city flat on the third floor without an elevator, the renovated old-building floor in a turn-of-the-century building or the functional layout in a 1960s building.

For many buyers a floor apartment is the standard they are looking for – important factors are the location within the building (e.g. 1st floor vs. higher floors, street side vs. courtyard side), the orientation (brightness) and the amenities. A courtyard-facing floor apartment on the 4th elevator floor often combines quiet and a view. Whether old building or new build: most condominiums in Margareten fall into this category.

Margareten has a good transport connection and a diverse urban infrastructure. The district lies within the Gürtel (inner ring), which means short distances to the center. At the same time, the location along the Wienzeile is convenient for transport.

The U4 subway line runs along the north edge of Margareten along the Wienfluss. Important for the district is especially the station U4 Pilgramgasse, which lies exactly on the border between Margareten and Mariahilf. From Pilgramgasse you can reach Karlsplatz (city center) or the Naschmarkt in a few minutes.

The U4 also connects Margareten directly to popular recreational areas like the Schönbrunn Palace Park (toward Hietzing). Another U4 station within walking distance of the district is Margaretengürtel (on the western edge). Residents of 1050 Vienna benefit greatly from the U4, as it provides a fast connection to the center and transfer hubs.

Currently Margareten does not yet have its own subway station in the inner district area, but that will change. Until then, buses and trams complement the subway connections.

Reinprechtsdorfer Straße runs through Margareten in a north-south direction and is the district's main shopping street. Along this street you will find numerous shops, supermarkets, bakeries, pharmacies as well as cafés and restaurants – this is where neighborhood life pulses.

Reinprechtsdorfer Straße is also an important transport corridor: several bus lines (e.g. 14A) run here and connect Margareten with neighboring districts and the main train station.

A special focus is on the future of this street: the new U2 Reinprechtsdorfer Straße station is scheduled to open here in 2028. The U2 extension will further improve Margareten’s public transport connections.

The Reinprechtsdorfer Straße station will be the first subway station in the heart of Margareten – a major plus for the quality of life and the value of real estate in the area. Even now the area Reinprechtsdorfer Straße/Matzleinsdorfer Platz (where the S-Bahn also stops) is a transport hub that will be further upgraded in a few years.

Away from Reinprechtsdorfer Straße, Margareten offers many quiet corners. In side streets such as Krongasse, Margaretenstraße, Mittersteig or around Margaretenplatz things are more tranquil. These side streets are often residential addresses with less through traffic, pretty old buildings and green inner courtyards.

Here you will find a lot of peace and typical Viennese charm. For example, the area around Margaretenplatz (with the historic Margaretenhof) is considered particularly idyllic, and the Hundsturm Park also offers green space for relaxation.

Overall, in Margareten you can enjoy both lively city life – with shopping, gastronomy and culture – and quiet retreats. The district's location combines urbanity and coziness: due to the proximity to the city center you remain in the middle of the action, while in a quiet side street you can also find the necessary peace in the evening.