Property Prices in Essen, Germany

Sign up for free* to continue using Numbeo

Or please fill:
Your Email Address:
Your City:

 

* Free use is limited to personal, academic and journalistic purposes only.
For commercial purposes, please obtain a Commercial License, Insights or API access

Index Info
Price to Income Ratio: 5.70
Mortgage as Percentage of Income: 41.32%
Loan Affordability Index: 2.42
Price to Rent Ratio - City Centre: 25.31
Price to Rent Ratio - Outside of Centre: 24.76
Gross Rental Yield (City Centre): 3.95%
Gross Rental Yield (Outside of Centre): 4.04%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 644.54 € 340.00-900.00
Apartment (1 bedroom) Outside of Centre 518.33 € 340.00-680.00
Apartment (3 bedrooms) in City Centre 1,274.00 € 1,000.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 908.18 € 800.00-1,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 345.29 € 213.68-371.61
Price per Square Feet to Buy Apartment Outside of Centre 257.03 € 157.93-276.85
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,845.31 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.97 3.90-4.00

These data are based on 120 entries in the past 18 months from 20 different contributors.
Last update: March 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far