Property Prices in Cologne, Germany

Index Info
Price to Income Ratio: 7.28
Mortgage as Percentage of Income: 51.70%
Loan Affordability Index: 1.93
Price to Rent Ratio - City Centre: 24.37
Price to Rent Ratio - Outside of Centre: 20.81
Gross Rental Yield (City Centre): 4.10%
Gross Rental Yield (Outside of Centre): 4.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 931.25 € 700.00-1,200.00
Apartment (1 bedroom) Outside of Centre 728.00 € 525.00-950.00
Apartment (3 bedrooms) in City Centre 1,849.58 € 1,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,239.09 € 900.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 481.43 € 364.64-557.41
Price per Square Feet to Buy Apartment Outside of Centre 299.61 € 267.09-353.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,887.72 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.73 1.75-4.00

These data are based on 144 entries in the past 18 months from 39 different contributors.
Last update: March 2024

Sources and References
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