Western Europe: Property Prices Index by City 2023 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Paris, France 19.4 2.4 2.5 41.8 40.2 122.2 0.8
Innsbruck, Austria 18.2 2.1 2.6 47.4 38.1 127.1 0.8
Munich, Germany 15.0 2.5 2.6 40.7 38.6 100.8 1.0
Zurich, Switzerland 14.6 2.3 2.7 42.6 37.0 91.8 1.1
Annecy, France 14.0 2.3 2.7 43.0 37.5 93.3 1.1
Geneva, Switzerland 13.7 2.7 3.2 36.7 31.3 83.8 1.2
Nantes, France 12.7 2.8 3.1 36.2 32.7 81.7 1.2
Salzburg, Austria 12.0 3.1 3.5 32.0 28.9 83.3 1.2
Berlin, Germany 11.6 3.4 3.4 29.6 29.4 79.4 1.3
Graz, Austria 11.4 2.4 2.9 40.9 35.0 77.9 1.3
Luxembourg, Luxembourg 11.0 3.0 3.4 33.5 29.3 66.7 1.5
Hamburg, Germany 10.7 2.7 3.2 37.5 30.8 73.9 1.4
Haarlem, Netherlands 10.7 4.9 4.8 20.4 20.7 75.3 1.3
Dusseldorf, Germany 10.6 3.2 2.9 31.2 34.2 73.8 1.4
Vienna, Austria 10.5 2.5 3.1 39.8 32.2 66.2 1.5
Nice, France 10.3 3.0 4.3 33.2 23.5 63.9 1.6
Frankfurt, Germany 10.3 2.9 3.1 34.2 32.3 73.2 1.4
Heidelberg, Germany 10.2 3.0 3.2 33.2 30.9 70.9 1.4
Villach, Austria 10.0 3.9 3.8 25.8 26.5 66.7 1.5
Stuttgart, Germany 9.8 2.8 3.1 35.1 32.5 67.4 1.5
Nuremberg, Germany 9.7 2.7 2.8 36.6 35.3 66.3 1.5
Lyon, France 9.2 3.3 3.0 30.8 33.7 60.8 1.6
Linz, Austria 8.4 3.6 3.7 27.5 26.7 57.4 1.7
Amsterdam, Netherlands 8.3 4.7 5.5 21.3 18.2 55.7 1.8
Dresden, Germany 7.4 3.2 3.3 31.0 30.5 53.4 1.9
Toulouse, France 7.3 3.7 3.8 27.2 26.4 44.8 2.2
Antwerp, Belgium 6.9 4.8 5.4 20.8 18.4 46.6 2.1
Utrecht, Netherlands 6.8 4.6 5.3 21.9 19.0 47.1 2.1
Grenoble, France 6.7 4.1 4.5 24.6 22.2 42.6 2.3
Gent, Belgium 6.6 5.3 5.3 18.9 18.9 47.3 2.1
Delft, Netherlands 6.2 5.4 5.1 18.5 19.7 45.5 2.2
Brussels, Belgium 6.1 5.5 5.6 18.3 17.9 39.7 2.5
Groningen, Netherlands 5.7 5.6 4.4 18.0 23.0 37.8 2.6
The Hague (Den Haag), Netherlands 5.6 5.1 5.6 19.7 18.0 38.3 2.6
Rotterdam, Netherlands 5.5 5.7 6.9 17.4 14.5 36.2 2.8
Eindhoven, Netherlands 5.4 5.8 6.0 17.4 16.6 36.9 2.7