Property Prices in Herne, Germany

Index
Price to Income Ratio:	4.49
Mortgage as Percentage of Income:	?
Loan Affordability Index:	?
Price to Rent Ratio - City Centre:	17.62
Price to Rent Ratio - Outside of Centre:	11.89
Gross Rental Yield (City Centre):	5.68%
Gross Rental Yield (Outside of Centre):	8.41%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	600.0 €
Apartment (1 bedroom) Outside of Centre	600.0 €
Apartment (3 bedrooms) in City Centre	800.0 €
Apartment (3 bedrooms) Outside of Centre	797.5 €	795.0-800.0
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	189.24 €
Price per Square Feet to Buy Apartment Outside of Centre	127.55 €
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,900.0 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	?

These data are based on 9 entries in the past 18 months from 2 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Recklinghausen	7.22 miles
Property Prices in Gelsenkirchen	8.78 miles
Property Prices in Witten	11.95 miles
Property Prices in Essen	12.66 miles
Property Prices in Dortmund	14.99 miles
Property Prices in Bottrop	16.09 miles
Property Prices in Oberhausen	20.5 miles
Property Prices in Muelheim an der Ruhr	20.83 miles
Property Prices in Duisburg	25.17 miles
Property Prices in Wuppertal	26.28 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	54,000.0
GDP Growth Rate:	1.81%
Population Growth Rate:	-0.12%