Property Prices in Paderborn, Germany

Index Info
Price to Income Ratio: 9.70
Mortgage as Percentage of Income: 70.39%
Loan Affordability Index: 1.42
Price to Rent Ratio - City Centre: 34.55
Price to Rent Ratio - Outside of Centre: 41.20
Gross Rental Yield (City Centre): 2.89%
Gross Rental Yield (Outside of Centre): 2.43%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 625.00 € 600.00-650.00
Apartment (1 bedroom) Outside of Centre 483.33 € 400.00-550.00
Apartment (3 bedrooms) in City Centre 1,083.33 € 750.00-1,300.00
Apartment (3 bedrooms) Outside of Centre 716.67 € 650.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 430.45 € 278.71-557.41
Price per Square Feet to Buy Apartment Outside of Centre 371.61 €
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,225.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 3.95-4.00

These data are based on 31 entries in the past 18 months from 6 different contributors.
Last update: September 2024

Sources and References
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