Property Prices in Erfurt, Germany

Index Info
Price to Income Ratio: 5.71
Mortgage as Percentage of Income: 41.32%
Loan Affordability Index: 2.42
Price to Rent Ratio - City Centre: 27.87
Price to Rent Ratio - Outside of Centre: 20.43
Gross Rental Yield (City Centre): 3.59%
Gross Rental Yield (Outside of Centre): 4.90%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 691.67 € 600.00-900.00
1 Bedroom Apartment Outside of City Centre 458.89 € 350.00-500.00
3 Bedroom Apartment in City Centre 1,221.67 € 1,200.00-1,800.00
3 Bedroom Apartment Outside of City Centre 924.47 € 639.00-1,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 387.40 € 325.16-426.42
Price per Square Feet to Buy Apartment Outside of Centre 200.20 € 189.52-275.46
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,770.52 €
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.95 3.50-3.95

These data are based on 55 entries from 8 contributors over the past 18 months.
Last update: 19 January 2026

Sources and References
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