Property Prices in Cologne, Germany

Index Info
Price to Income Ratio: 6.62
Mortgage as Percentage of Income: 47.23%
Loan Affordability Index: 2.12
Price to Rent Ratio - City Centre: 21.41
Price to Rent Ratio - Outside of Centre: 19.33
Gross Rental Yield (City Centre): 4.67%
Gross Rental Yield (Outside of Centre): 5.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 982.35 € 700.00-1,300.00
Apartment (1 bedroom) Outside of Centre 768.24 € 600.00-950.00
Apartment (3 bedrooms) in City Centre 1,853.46 € 1,200.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,244.17 € 900.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 435.48 € 343.74-510.96
Price per Square Feet to Buy Apartment Outside of Centre 287.42 € 250.84-353.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,939.59 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.78 1.75-4.00

These data are based on 151 entries in the past 18 months from 37 different contributors.
Last update: May 2024

Sources and References
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