Property Prices in Chemnitz, Germany

Index Info
Price to Income Ratio: 3.57
Mortgage as Percentage of Income: 25.89%
Loan Affordability Index: 3.86
Price to Rent Ratio - City Centre: 29.84
Price to Rent Ratio - Outside of Centre: 19.85
Gross Rental Yield (City Centre): 3.35%
Gross Rental Yield (Outside of Centre): 5.04%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 433.33 € 400.00-450.00
Apartment (1 bedroom) Outside of Centre 368.33 € 325.00-430.00
Apartment (3 bedrooms) in City Centre 685.00 € 550.00-820.00
Apartment (3 bedrooms) Outside of Centre 575.00 € 450.00-700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 247.74 € 185.80-278.71
Price per Square Feet to Buy Apartment Outside of Centre 139.35 €
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,916.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 3.00-4.00

These data are based on 26 entries in the past 18 months from 6 different contributors.
Last update: September 2024

Sources and References
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