Property Prices in Nuremberg, Germany

Index Info
Price to Income Ratio: 7.94
Mortgage as Percentage of Income: 45.76%
Loan Affordability Index: 2.19
Price to Rent Ratio - City Centre: 31.54
Price to Rent Ratio - Outside of Centre: 29.35
Gross Rental Yield (City Centre): 3.17%
Gross Rental Yield (Outside of Centre): 3.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 748.24 € 600.00-900.00
Apartment (1 bedroom) Outside of Centre 549.29 € 400.00-750.00
Apartment (3 bedrooms) in City Centre 1,218.58 € 1,000.00-1,600.00
Apartment (3 bedrooms) Outside of Centre 924.29 € 700.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 457.88 € 371.61-557.41
Price per Square Feet to Buy Apartment Outside of Centre 317.19 € 269.42-445.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,627.54 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.45 0.92-2.20

These data are based on 145 entries in the past 18 months from 27 different contributors.
Last update: July 2021

Sources and References
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