Property Prices in Hanover, Germany

Index Info
Price to Income Ratio: 8.00
Mortgage as Percentage of Income: 47.90%
Loan Affordability Index: 2.09
Price to Rent Ratio - City Centre: 29.29
Price to Rent Ratio - Outside of Centre: 30.16
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 3.32%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 610.92 € 450.00-1,000.00
Apartment (1 bedroom) Outside of Centre 478.00 € 350.00-647.00
Apartment (3 bedrooms) in City Centre 1,280.82 € 870.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,099.75 € 790.00-1,700.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 389.55 € 325.16-510.96
Price per Square Feet to Buy Apartment Outside of Centre 328.83 € 232.26-464.51
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 2,417.87 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.86 1.20-2.50

These data are based on 103 entries in the past 18 months from 18 different contributors.
Last update: October 2020

Sources and References
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