Property Prices in Nuremberg, Germany

Index Info
Price to Income Ratio: 7.84
Mortgage as Percentage of Income: 45.19%
Loan Affordability Index: 2.21
Price to Rent Ratio - City Centre: 31.65
Price to Rent Ratio - Outside of Centre: 30.19
Gross Rental Yield (City Centre): 3.16%
Gross Rental Yield (Outside of Centre): 3.31%
Rent Per Month
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Apartment (1 bedroom) in City Centre 753.75 € 600.00-900.00
Apartment (1 bedroom) Outside of Centre 550.00 € 400.00-750.00
Apartment (3 bedrooms) in City Centre 1,187.36 € 1,000.00-1,600.00
Apartment (3 bedrooms) Outside of Centre 922.67 € 700.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 456.38 € 371.61-650.32
Price per Square Feet to Buy Apartment Outside of Centre 326.32 € 269.42-483.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,687.23 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.45 0.92-2.20

These data are based on 148 entries in the past 18 months from 24 different contributors.
Last update: April 2021

Sources and References
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