Property Prices in Hamburg, Germany

Index Info
Price to Income Ratio: 11.66
Mortgage as Percentage of Income: 68.80%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 33.99
Price to Rent Ratio - Outside of Centre: 30.23
Gross Rental Yield (City Centre): 2.94%
Gross Rental Yield (Outside of Centre): 3.31%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,097.06 € 800.00-1,700.00
Apartment (1 bedroom) Outside of Centre 809.38 € 650.00-1,000.00
Apartment (3 bedrooms) in City Centre 2,126.67 € 1,600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,504.17 € 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 781.93 € 696.77-929.02
Price per Square Feet to Buy Apartment Outside of Centre 503.22 € 278.71-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,966.11 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.70 1.00-2.70

These data are based on 166 entries in the past 18 months from 41 different contributors.
Last update: August 2022

Sources and References
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