Property Prices in Mechelen, Belgium

Index
Price to Income Ratio:	8.16
Mortgage as Percentage of Income:	55.13%
Loan Affordability Index:	1.81
Price to Rent Ratio - City Centre:	24.70
Price to Rent Ratio - Outside of Centre:	26.39
Gross Rental Yield (City Centre):	4.05%
Gross Rental Yield (Outside of Centre):	3.79%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	750.00 €	600.00-900.00
Apartment (1 bedroom) Outside of Centre	624.00 €	500.00-800.00
Apartment (3 bedrooms) in City Centre	1,170.00 €	870.00-1,300.00
Apartment (3 bedrooms) Outside of Centre	920.00 €	700.00-1,100.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	353.03 €	353.03-353.03
Price per Square Feet to Buy Apartment Outside of Centre	306.58 €	306.58-306.58
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,175.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.17	1.45-4.00

These data are based on 50 entries in the past 18 months from 9 different contributors.
Last update: January 2025

Sources and References

Nearby cities:

Property Prices in Zemst	3.49 miles
Property Prices in Haacht	8.18 miles
Property Prices in Herent	12.07 miles
Property Prices in Heist-op-den-Berg	13.05 miles
Property Prices in Mortsel	13.06 miles
Property Prices in Vilvoorde	13.52 miles
Property Prices in Antwerp	15.70 miles
Property Prices in Neder-Over-Heembeek	17.03 miles
Property Prices in Woluwe Saint Lambert	17.96 miles
Property Prices in Wezembeek-Oppem	18.40 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	53,300.00
GDP Growth Rate:	3.01%
Population Growth Rate:	0.55%