Property Prices in Hamburg, Germany

Index Info
Price to Income Ratio: 11.95
Mortgage as Percentage of Income: 71.02%
Loan Affordability Index: 1.41
Price to Rent Ratio - City Centre: 32.49
Price to Rent Ratio - Outside of Centre: 28.20
Gross Rental Yield (City Centre): 3.08%
Gross Rental Yield (Outside of Centre): 3.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 923.95 € 700.00-1,200.00
Apartment (1 bedroom) Outside of Centre 660.31 € 450.00-900.00
Apartment (3 bedrooms) in City Centre 1,796.00 € 1,400.00-2,400.00
Apartment (3 bedrooms) Outside of Centre 1,300.00 € 1,000.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 630.33 € 464.51-899.99
Price per Square Feet to Buy Apartment Outside of Centre 393.29 € 325.16-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,304.80 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.77 1.00-2.00

These data are based on 306 entries in the past 18 months from 49 different contributors.
Last update: January 2021

Sources and References
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