Property Prices in Chemnitz, Germany

Index Info
Price to Income Ratio: 4.50
Mortgage as Percentage of Income: 32.65%
Loan Affordability Index: 3.06
Price to Rent Ratio - City Centre: 34.10
Price to Rent Ratio - Outside of Centre: 17.77
Gross Rental Yield (City Centre): 2.93%
Gross Rental Yield (Outside of Centre): 5.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 368.25 € 273.00-450.00
Apartment (1 bedroom) Outside of Centre 351.25 € 300.00-430.00
Apartment (3 bedrooms) in City Centre 623.33 € 500.00-820.00
Apartment (3 bedrooms) Outside of Centre 516.67 € 400.00-700.00
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 116.13 € 92.90-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,175.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.97 3.00-4.00

These data are based on 36 entries from 7 contributors over the past 18 months.
Last update: April 2025

Sources and References
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