Property Prices in Nuremberg, Germany

Index Info
Price to Income Ratio: 9.61
Mortgage as Percentage of Income: 62.57%
Loan Affordability Index: 1.60
Price to Rent Ratio - City Centre: 36.20
Price to Rent Ratio - Outside of Centre: 36.33
Gross Rental Yield (City Centre): 2.76%
Gross Rental Yield (Outside of Centre): 2.75%
Rent Per Month
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Apartment (1 bedroom) in City Centre 751.58 € 500.00-1,000.00
Apartment (1 bedroom) Outside of Centre 572.79 € 400.00-800.00
Apartment (3 bedrooms) in City Centre 1,404.17 € 1,050.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,029.17 € 900.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 560.87 € 427.35-743.22
Price per Square Feet to Buy Apartment Outside of Centre 421.44 € 315.00-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,749.92 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.76 1.50-4.00

These data are based on 148 entries in the past 18 months from 37 different contributors.
Last update: May 2023

Sources and References
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