Property Prices in Nuremberg, Germany

Index Info
Price to Income Ratio: 7.61
Mortgage as Percentage of Income: 52.30%
Loan Affordability Index: 1.91
Price to Rent Ratio - City Centre: 34.51
Price to Rent Ratio - Outside of Centre: 27.88
Gross Rental Yield (City Centre): 2.90%
Gross Rental Yield (Outside of Centre): 3.59%
Rent Per Month
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Apartment (1 bedroom) in City Centre 827.67 € 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 668.09 € 600.00-800.00
Apartment (3 bedrooms) in City Centre 1,412.50 € 1,100.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,237.07 € 1,000.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 565.38 € 445.93-743.22
Price per Square Feet to Buy Apartment Outside of Centre 382.45 € 297.29-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,353.27 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.36 2.30-4.00

These data are based on 158 entries in the past 18 months from 46 different contributors.
Last update: July 2024

Sources and References
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