Property Prices in Paderborn, Germany

Index
Price to Income Ratio:	10.39
Mortgage as Percentage of Income:	73.19%
Loan Affordability Index:	1.37
Price to Rent Ratio - City Centre:	36.26
Price to Rent Ratio - Outside of Centre:	46.14
Gross Rental Yield (City Centre):	2.76%
Gross Rental Yield (Outside of Centre):	2.17%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	525.00 €	400.00-650.00
Apartment (1 bedroom) Outside of Centre	450.00 €	350.00-550.00
Apartment (3 bedrooms) in City Centre	1,120.00 €	1,000.00-1,400.00
Apartment (3 bedrooms) Outside of Centre	897.50 €	800.00-1,100.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	418.06 €	278.71-557.41
Price per Square Feet to Buy Apartment Outside of Centre	441.29 €	371.61-510.96
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,225.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.63	2.90-4.00

These data are based on 40 entries in the past 18 months from 8 different contributors.
Last update: September 2023

Sources and References

Nearby cities:

Property Prices in Bielefeld	30.72 miles
Property Prices in Hamm	54.10 miles
Property Prices in Minden	55.37 miles
Property Prices in Osnabruck	58.87 miles
Property Prices in Kassel	59.09 miles
Property Prices in Munster	59.23 miles
Property Prices in Dortmund	62.59 miles
Property Prices in Iserlohn	64.31 miles
Property Prices in Hagen	71.73 miles
Property Prices in Witten	73.30 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	53,919.00
GDP Growth Rate:	0.59%
Population Growth Rate:	-0.21%