Property Prices in Nuremberg, Germany

Index Info
Price to Income Ratio: 10.65
Mortgage as Percentage of Income: 77.36%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 36.22
Price to Rent Ratio - Outside of Centre: 35.90
Gross Rental Yield (City Centre): 2.76%
Gross Rental Yield (Outside of Centre): 2.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 824.88 € 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 677.67 € 600.00-800.00
Apartment (3 bedrooms) in City Centre 1,431.82 € 1,100.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,254.31 € 1,000.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 595.87 € 455.00-743.22
Price per Square Feet to Buy Apartment Outside of Centre 499.35 € 371.61-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,766.82 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.99 3.95-4.00

These data are based on 126 entries in the past 18 months from 34 different contributors.
Last update: May 2024

Sources and References
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