An elastomer bearing with hydraulic damping is disclosed which includes a housing (1, 2), a connecting element (3), an elastomer body (4) which couples the housing (1, 2) and the connecting element (3) with one another for damping oscillations, two chambers (5, 6) filled with a magneto-rheological fluid, at least one flow channel (8) connecting the chambers (5, 6) with one another for fluid conduction, as well as an actuator (11) associated with the flow channel and attached on the outside of the housing (1, 2) for generating a magnetic field. According to the invention, a field return element (10) with interacts with the actuator is arranged on or in the flow channel (8).