Property Prices in Munich, Germany

Index Info
Price to Income Ratio: 15.08
Mortgage as Percentage of Income: 109.05%
Loan Affordability Index: 0.92
Price to Rent Ratio - City Centre: 35.34
Price to Rent Ratio - Outside of Centre: 31.50
Gross Rental Yield (City Centre): 2.83%
Gross Rental Yield (Outside of Centre): 3.17%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,440.12 € 1,100.00-1,850.00
Apartment (1 bedroom) Outside of Centre 1,182.55 € 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,756.58 € 2,100.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,126.39 € 1,700.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,060.94 € 836.12-1,579.34
Price per Square Feet to Buy Apartment Outside of Centre 754.68 € 603.86-1,114.83
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,239.85 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.94 2.65-4.50

These data are based on 456 entries in the past 18 months from 72 different contributors.
Last update: November 2024

Sources and References
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3 Comments so far
Heinrich Wolf on Nov 15, 2024:
In Munich you pay a bit more for real estate, but that way you keep all the problem people out.

Munich is the safest big city in Germany.
Karsten Elsaesser on Sep 26, 2024:
Real Estate prices in Munich are out of proportion. Although Munich is a pretty city there is no justification for those high prices. Munich is the most expensive city in Germany. I have lived in cities around the world as beautiful as Munich for half the cost of living, especially with any kind of real estate.
Regards, Karsten Elsaesser
Charles Guinn on Nov 09, 2020:
I am from Texas, USA and searching for a, safe, English, speaking community on a retirement check of $1000. US dollars per month. Do think I have a chance?