Property Prices in Hamburg, Germany

Index Info
Price to Income Ratio: 10.53
Mortgage as Percentage of Income: 65.02%
Loan Affordability Index: 1.54
Price to Rent Ratio - City Centre: 35.96
Price to Rent Ratio - Outside of Centre: 30.44
Gross Rental Yield (City Centre): 2.78%
Gross Rental Yield (Outside of Centre): 3.28%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,023.64 € 750.00-1,500.00
Apartment (1 bedroom) Outside of Centre 781.73 € 600.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,918.40 € 1,250.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,411.14 € 1,000.00-2,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 760.01 € 650.32-929.02
Price per Square Feet to Buy Apartment Outside of Centre 483.01 € 376.25-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,175.74 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.18 1.00-3.80

These data are based on 271 entries in the past 18 months from 50 different contributors.
Last update: March 2023

Sources and References
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