Property Prices in Hamburg, Germany

Index Info
Price to Income Ratio: 10.69
Mortgage as Percentage of Income: 77.38%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 35.02
Price to Rent Ratio - Outside of Centre: 30.70
Gross Rental Yield (City Centre): 2.86%
Gross Rental Yield (Outside of Centre): 3.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,011.60 € 800.00-1,500.00
Apartment (1 bedroom) Outside of Centre 737.96 € 600.00-980.00
Apartment (3 bedrooms) in City Centre 1,894.62 € 1,300.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,400.38 € 975.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 731.21 € 647.53-1,068.38
Price per Square Feet to Buy Apartment Outside of Centre 470.42 € 371.61-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,026.25 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.95 3.00-4.00

These data are based on 260 entries in the past 18 months from 41 different contributors.
Last update: April 2024

Sources and References
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