Property Prices in Cologne, Germany

Index Info
Price to Income Ratio: 10.46
Mortgage as Percentage of Income: 65.04%
Loan Affordability Index: 1.54
Price to Rent Ratio - City Centre: 29.30
Price to Rent Ratio - Outside of Centre: 29.32
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 3.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 881.05 € 650.00-1,100.00
Apartment (1 bedroom) Outside of Centre 699.75 € 500.00-850.00
Apartment (3 bedrooms) in City Centre 1,636.33 € 1,295.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,227.35 € 900.00-1,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 530.70 € 510.96-696.77
Price per Square Feet to Buy Apartment Outside of Centre 411.09 € 325.16-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,422.22 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.25 1.50-3.00

These data are based on 160 entries in the past 18 months from 35 different contributors.
Last update: March 2023

Sources and References
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