Property Prices in Gera, Germany

Index
Price to Income Ratio:	3.41
Mortgage as Percentage of Income:	23.31%
Loan Affordability Index:	4.29
Price to Rent Ratio - City Centre:	19.55
Price to Rent Ratio - Outside of Centre:	17.99
Gross Rental Yield (City Centre):	5.12%
Gross Rental Yield (Outside of Centre):	5.56%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	460.00 €	400.00-520.00
Apartment (1 bedroom) Outside of Centre	375.00 €	300.00-450.00
Apartment (3 bedrooms) in City Centre	582.50 €	515.00-650.00
Apartment (3 bedrooms) Outside of Centre	500.00 €
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	157.93 €
Price per Square Feet to Buy Apartment Outside of Centre	120.77 €
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,200.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.30	1.90-4.00

These data are based on 13 entries in the past 18 months from 3 different contributors.
Last update: September 2023

Sources and References

Nearby cities:

Property Prices in Zwickau	27.68 miles
Property Prices in Leipzig	42.41 miles
Property Prices in Chemnitz	42.63 miles
Property Prices in Hof	52.84 miles
Property Prices in Erfurt	53.96 miles
Property Prices in Halle	54.42 miles
Property Prices in Bitterfeld	63.13 miles
Property Prices in Kronach	74.42 miles
Property Prices in Dresden	83.48 miles
Property Prices in Coburg	95.47 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	53,919.00
GDP Growth Rate:	0.59%
Population Growth Rate:	-0.21%