Property Prices in Cologne, Germany

Index Info
Price to Income Ratio: 9.27
Mortgage as Percentage of Income: 67.25%
Loan Affordability Index: 1.49
Price to Rent Ratio - City Centre: 26.44
Price to Rent Ratio - Outside of Centre: 32.35
Gross Rental Yield (City Centre): 3.78%
Gross Rental Yield (Outside of Centre): 3.09%
Rent Per Month
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Apartment (1 bedroom) in City Centre 998.68 € 775.00-1,300.00
Apartment (1 bedroom) Outside of Centre 782.94 € 600.00-900.00
Apartment (3 bedrooms) in City Centre 1,916.67 € 1,300.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,281.15 € 1,000.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 551.22 € 520.25-557.41
Price per Square Feet to Buy Apartment Outside of Centre 492.38 € 362.32-520.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,029.93 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 3.50-4.00

These data are based on 145 entries in the past 18 months from 28 different contributors.
Last update: January 2025

Sources and References
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