Property Prices in Chemnitz, Germany

Index
Price to Income Ratio:	6.21
Mortgage as Percentage of Income:	38.62%
Loan Affordability Index:	2.59
Price to Rent Ratio - City Centre:	28.28
Price to Rent Ratio - Outside of Centre:	32.28
Gross Rental Yield (City Centre):	3.54%
Gross Rental Yield (Outside of Centre):	3.10%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	525.00 €	500.00-600.00
Apartment (1 bedroom) Outside of Centre	350.00 €	250.00-400.00
Apartment (3 bedrooms) in City Centre	790.00 €	700.00-850.00
Apartment (3 bedrooms) Outside of Centre	650.00 €	600.00-700.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	278.71 €	278.71-278.71
Price per Square Feet to Buy Apartment Outside of Centre	232.26 €
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,212.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.25	2.00-2.50

These data are based on 25 entries in the past 18 months from 5 different contributors.
Last update: February 2023

Sources and References

Nearby cities:

Property Prices in Zwickau	26.29 miles
Property Prices in Dresden	44.17 miles
Property Prices in Leipzig	52.93 miles
Property Prices in Hof	65.98 miles
Property Prices in Halle	87.27 miles
Property Prices in Erfurt	94.73 miles
Property Prices in Cottbus	104.48 miles
Property Prices in Magdeburg	131.02 miles
Property Prices in Nuremberg	148.27 miles
Property Prices in Potsdam	151.24 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	53,919.00
GDP Growth Rate:	0.59%
Population Growth Rate:	-0.21%