Property Prices in Hamburg, Germany

Index Info
Price to Income Ratio: 10.59
Mortgage as Percentage of Income: 62.85%
Loan Affordability Index: 1.59
Price to Rent Ratio - City Centre: 34.23
Price to Rent Ratio - Outside of Centre: 29.01
Gross Rental Yield (City Centre): 2.92%
Gross Rental Yield (Outside of Centre): 3.45%
Rent Per Month
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Apartment (1 bedroom) in City Centre 963.02 € 700.00-1,300.00
Apartment (1 bedroom) Outside of Centre 673.45 € 450.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,814.55 € 1,500.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,338.89 € 1,000.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 682.21 € 482.44-999.99
Price per Square Feet to Buy Apartment Outside of Centre 414.61 € 325.16-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,788.38 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.76 1.00-2.00

These data are based on 286 entries in the past 18 months from 49 different contributors.
Last update: June 2021

Sources and References
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