Property Prices in Cologne, Germany

Index Info
Price to Income Ratio: 6.13
Mortgage as Percentage of Income: 43.03%
Loan Affordability Index: 2.32
Price to Rent Ratio - City Centre: 20.88
Price to Rent Ratio - Outside of Centre: 17.75
Gross Rental Yield (City Centre): 4.79%
Gross Rental Yield (Outside of Centre): 5.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 962.50 € 700.00-1,300.00
Apartment (1 bedroom) Outside of Centre 760.00 € 600.00-950.00
Apartment (3 bedrooms) in City Centre 1,849.58 € 1,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,239.09 € 900.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 419.72 € 325.16-510.96
Price per Square Feet to Buy Apartment Outside of Centre 261.87 € 250.84-353.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,990.52 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.59 1.75-4.00

These data are based on 149 entries in the past 18 months from 37 different contributors.
Last update: May 2024

Sources and References
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