Property Prices in Bochum, Germany

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Index
Price to Income Ratio:	3.98
Mortgage as Percentage of Income:	26.26%
Loan Affordability Index:	3.81
Price to Rent Ratio - City Centre:	18.21
Price to Rent Ratio - Outside of Centre:	29.39
Gross Rental Yield (City Centre):	5.49%
Gross Rental Yield (Outside of Centre):	3.40%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	987.50 €	600.00-2,000.00
Apartment (1 bedroom) Outside of Centre	441.67 €	400.00-475.00
Apartment (3 bedrooms) in City Centre	1,100.00 €	1,000.00-1,200.00
Apartment (3 bedrooms) Outside of Centre	900.00 €	800.00-1,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	301.93 €	185.80-418.06
Price per Square Feet to Buy Apartment Outside of Centre	278.71 €	204.38-353.03
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,924.55 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.90	2.23-4.00

These data are based on 52 entries in the past 18 months from 17 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Essen	9.53 miles
Property Prices in Recklinghausen	10.44 miles
Property Prices in Dortmund	13.81 miles
Property Prices in Oberhausen	22.02 miles
Property Prices in Hagen	26.20 miles
Property Prices in Moers	30.12 miles
Property Prices in Dusseldorf	30.13 miles
Property Prices in Remscheid	30.27 miles
Property Prices in Krefeld	33.43 miles
Property Prices in Leverkusen	42.23 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	54,000.00
GDP Growth Rate:	1.81%
Population Growth Rate:	-0.12%