Property Prices in Cologne, Germany

Index Info
Price to Income Ratio: 9.77
Mortgage as Percentage of Income: 63.04%
Loan Affordability Index: 1.59
Price to Rent Ratio - City Centre: 30.85
Price to Rent Ratio - Outside of Centre: 29.30
Gross Rental Yield (City Centre): 3.24%
Gross Rental Yield (Outside of Centre): 3.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 823.20 € 700.00-1,164.00
Apartment (1 bedroom) Outside of Centre 624.52 € 500.00-800.00
Apartment (3 bedrooms) in City Centre 1,584.38 € 1,200.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,113.33 € 950.00-1,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 530.87 € 464.51-585.28
Price per Square Feet to Buy Apartment Outside of Centre 369.29 € 278.71-510.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,478.54 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.66 1.40-5.00

These data are based on 175 entries in the past 18 months from 39 different contributors.
Last update: June 2021

Sources and References
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