Property Prices in Nuremberg, Germany

Index Info
Price to Income Ratio: 10.71
Mortgage as Percentage of Income: 74.65%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 40.23
Price to Rent Ratio - Outside of Centre: 38.15
Gross Rental Yield (City Centre): 2.49%
Gross Rental Yield (Outside of Centre): 2.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 772.42 € 550.00-1,000.00
Apartment (1 bedroom) Outside of Centre 614.92 € 430.00-800.00
Apartment (3 bedrooms) in City Centre 1,353.85 € 1,050.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,104.67 € 900.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 622.41 € 455.00-743.22
Price per Square Feet to Buy Apartment Outside of Centre 475.13 € 371.61-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,757.73 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.52 1.50-4.00

These data are based on 145 entries in the past 18 months from 33 different contributors.
Last update: November 2023

Sources and References
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