Property Prices in Dortmund, Germany

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Index
Price to Income Ratio:	3.14
Mortgage as Percentage of Income:	21.26%
Loan Affordability Index:	4.70
Price to Rent Ratio - City Centre:	15.97
Price to Rent Ratio - Outside of Centre:	17.60
Gross Rental Yield (City Centre):	6.26%
Gross Rental Yield (Outside of Centre):	5.68%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	765.00 €	660.00-900.00
Apartment (1 bedroom) Outside of Centre	443.33 €	350.00-500.00
Apartment (3 bedrooms) in City Centre	1,416.67 €	1,250.00-1,500.00
Apartment (3 bedrooms) Outside of Centre	1,212.50 €	950.00-1,700.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	250.84 €	250.84-315.87
Price per Square Feet to Buy Apartment Outside of Centre	195.09 €	195.09-195.09
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,821.53 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.19	2.30-4.00

These data are based on 71 entries in the past 18 months from 22 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Witten	11.69 miles
Property Prices in Bochum	13.36 miles
Property Prices in Herne	14.01 miles
Property Prices in Hagen	16.65 miles
Property Prices in Recklinghausen	19.69 miles
Property Prices in Gelsenkirchen	21.47 miles
Property Prices in Essen	21.50 miles
Property Prices in Bottrop	28.64 miles
Property Prices in Muelheim an der Ruhr	28.88 miles
Property Prices in Wuppertal	31.10 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	54,000.00
GDP Growth Rate:	1.81%
Population Growth Rate:	-0.12%