Property Prices in Germany

Index Info
Price to Income Ratio: 9.40
Mortgage as Percentage of Income: 68.25%
Loan Affordability Index: 1.47
Price to Rent Ratio - City Centre: 28.99
Price to Rent Ratio - Outside of Centre: 30.55
Gross Rental Yield (City Centre): 3.45%
Gross Rental Yield (Outside of Centre): 3.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 922.97 € 600.00-1,500.00
Apartment (1 bedroom) Outside of Centre 701.64 € 450.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,707.13 € 1,200.00-2,900.00
Apartment (3 bedrooms) Outside of Centre 1,295.69 € 880.00-2,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 549.15 € 325.16-929.02
Price per Square Feet to Buy Apartment Outside of Centre 439.51 € 278.71-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,829.24 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 3.00-4.00

These data are based on 5061 entries in the past 18 months from 1155 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Germany

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Aachen 11.4 2.3 2.1 42.9 48.4 82.7 1.2
Augsburg 10.3 3.0 3.9 33.7 25.5 74.7 1.3
Berlin 11.3 3.5 3.5 28.7 28.4 82.0 1.2
Bielefeld 7.2 3.1 4.9 32.4 20.3 51.9 1.9
Bochum 7.9 3.9 2.7 25.4 37.2 57.1 1.8
Bonn 9.3 3.6 4.4 27.8 23.0 67.4 1.5
Braunschweig 4.5 4.4 5.3 22.5 19.0 32.3 3.1
Bremen 7.3 3.6 3.2 27.6 31.6 53.1 1.9
Chemnitz 5.6 3.4 5.0 29.8 20.1 40.4 2.5
Cologne 6.7 4.2 5.1 23.7 19.8 48.0 2.1
Darmstadt 7.2 4.6 5.1 21.8 19.8 52.0 1.9
Dortmund 4.8 6.4 5.7 15.7 17.5 34.8 2.9
Dresden 7.5 3.9 3.0 25.3 33.2 54.7 1.8
Dusseldorf 9.0 3.3 3.5 30.4 29.0 64.2 1.6
Erlangen 8.7 3.4 3.1 29.8 32.5 63.4 1.6
Essen 8.0 3.8 2.4 26.5 40.8 57.8 1.7
Frankfurt 8.0 3.5 4.2 28.4 23.9 57.0 1.8
Freiburg im Breisgau 11.6 3.2 2.6 31.3 37.9 84.2 1.2
Goettingen 3.9 4.2 6.0 23.9 16.7 28.6 3.5
Hamburg 10.7 2.9 3.3 35.0 30.7 77.4 1.3
Hanover 7.1 3.8 4.5 26.5 22.2 51.6 1.9
Heidelberg 10.4 3.1 2.7 32.3 37.4 75.4 1.3
Ingolstadt 11.0 2.4 2.5 41.4 40.7 80.0 1.3
Jena 8.0 2.9 2.6 34.7 38.0 57.8 1.7
Karlsruhe 7.7 4.1 3.8 24.5 26.1 56.2 1.8
Konstanz 12.3 3.2 3.1 31.3 32.0 88.8 1.1
Leipzig 7.9 3.5 3.9 28.9 25.4 57.6 1.7
Mainz 9.9 3.0 2.7 32.8 37.5 72.2 1.4
Mannheim 8.5 3.0 3.1 33.0 32.2 61.9 1.6
Munich 12.3 3.1 3.3 32.5 30.3 84.8 1.2
Munster 10.0 4.9 4.2 20.3 23.9 72.7 1.4
Nuremberg 10.7 2.8 2.8 36.1 35.9 77.4 1.3
Regensburg 9.8 2.9 3.4 34.8 29.4 71.3 1.4
Rostock 9.1 3.6 4.3 28.1 23.3 65.7 1.5
Saarbrucken 3.4 5.0 5.5 19.8 18.2 24.5 4.1
Stuttgart 7.0 3.5 3.8 28.5 26.4 48.7 2.1
Trier 7.5 5.8 4.5 17.4 22.0 55.4 1.8
Tubingen 9.9 4.4 4.0 22.7 24.7 71.9 1.4
Ulm 8.7 3.4 5.0 29.2 20.1 63.0 1.6
Wiesbaden 8.8 4.0 4.9 24.8 20.6 64.1 1.6
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