Property Prices in Munich, Germany

Index Info
Price to Income Ratio: 17.34
Mortgage as Percentage of Income: 103.66%
Loan Affordability Index: 0.96
Price to Rent Ratio - City Centre: 42.39
Price to Rent Ratio - Outside of Centre: 39.72
Gross Rental Yield (City Centre): 2.36%
Gross Rental Yield (Outside of Centre): 2.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,379.66 € 1,027.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,040.95 € 700.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,523.72 € 1,900.00-3,400.00
Apartment (3 bedrooms) Outside of Centre 1,903.82 € 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,194.17 € 929.02-1,672.24
Price per Square Feet to Buy Apartment Outside of Centre 844.23 € 650.32-1,300.63
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,162.99 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.84 1.00-3.00

These data are based on 412 entries in the past 18 months from 82 different contributors.
Last update: August 2022

Sources and References
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1 Comments so far
Charles Guinn on Nov 09, 2020:
I am from Texas, USA and searching for a, safe, English, speaking community on a retirement check of $1000. US dollars per month. Do think I have a chance?