Property Prices in Hanover, Germany

Index Info
Price to Income Ratio: 6.65
Mortgage as Percentage of Income: 48.14%
Loan Affordability Index: 2.08
Price to Rent Ratio - City Centre: 23.83
Price to Rent Ratio - Outside of Centre: 21.64
Gross Rental Yield (City Centre): 4.20%
Gross Rental Yield (Outside of Centre): 4.62%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 811.11 € 630.00-1,200.00
1 Bedroom Apartment Outside of City Centre 618.00 € 503.00-990.00
3 Bedroom Apartment in City Centre 1,394.29 € 1,100.00-2,200.00
3 Bedroom Apartment Outside of City Centre 1,101.88 € 800.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 383.77 € 310.11-464.51
Price per Square Feet to Buy Apartment Outside of Centre 269.98 € 232.26-289.59
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,645.82 €
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.95 3.95-3.95

These data are based on 93 entries from 18 contributors over the past 18 months.
Last update: 3 December 2025

Sources and References
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