Europe: Property Prices Index by City 2023 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Moscow, Russia 22.8 2.8 3.3 36.3 30.2 256.3 0.4
Belgrade, Serbia 21.4 4.6 4.9 21.9 20.5 192.0 0.5
Milan, Italy 19.6 3.5 4.3 28.8 23.4 138.2 0.7
Paris, France 19.4 2.4 2.5 41.8 40.2 122.2 0.8
Prague, Czech Republic 19.3 2.7 2.9 37.2 35.0 168.9 0.6
Lisbon, Portugal 19.1 4.9 5.7 20.5 17.4 130.3 0.8
Kazan, Russia 18.7 3.5 3.2 28.3 31.3 235.7 0.4
Saint Petersburg, Russia 18.6 3.3 3.2 30.8 31.5 226.3 0.4
Cascais, Portugal 18.4 4.5 4.9 22.0 20.3 128.9 0.8
Innsbruck, Austria 18.2 2.1 2.6 47.4 38.1 127.1 0.8
Novi Sad, Serbia 18.0 3.9 4.1 25.5 24.4 154.9 0.6
Zadar, Croatia 17.9 3.4 2.9 29.5 34.1 133.6 0.7
Tirana, Albania 17.0 4.7 5.8 21.1 17.2 136.2 0.7
Nizhny Novgorod, Russia 17.0 3.5 3.2 28.4 31.0 191.5 0.5
Dubrovnik, Croatia 16.9 2.7 2.4 36.9 41.6 126.8 0.8
Kaliningrad, Russia 16.9 3.3 3.5 29.9 28.9 202.0 0.5
Bratislava, Slovakia 16.8 3.0 3.0 33.2 33.0 115.2 0.9
London, United Kingdom 16.7 3.3 4.0 30.2 24.9 135.3 0.7
Krasnodar, Russia 16.4 3.1 3.7 32.1 27.1 193.5 0.5
Kiev (Kyiv), Ukraine 16.3 4.3 4.9 23.2 20.2 281.4 0.4
Kharkiv, Ukraine 16.0 4.9 6.5 20.4 15.4 230.3 0.4
Brno, Czech Republic 15.8 2.8 2.9 35.2 34.6 131.5 0.8
Rome, Italy 15.7 3.3 4.5 30.4 22.3 108.6 0.9
Saint Helier, Jersey 15.6 4.6 3.9 21.5 25.7 102.1 1.0
Florence, Italy 15.4 3.4 3.8 29.4 26.5 110.5 0.9
Pristina, Kosovo (Disputed Territory) 15.4 3.9 5.6 25.5 18.0 124.2 0.8
Split, Croatia 15.1 2.9 2.9 34.1 34.1 100.1 1.0
Zagreb, Croatia 15.1 3.0 3.4 33.0 29.5 105.7 0.9
Munich, Germany 15.0 2.5 2.6 40.7 38.6 100.8 1.0
Odessa (Odesa), Ukraine 14.9 5.0 4.2 19.9 23.7 286.8 0.3
Skopje, North Macedonia 14.8 3.5 3.5 28.9 28.8 114.0 0.9
Novosibirsk, Russia 14.7 4.1 4.4 24.5 22.7 192.1 0.5
Zurich, Switzerland 14.6 2.3 2.7 42.6 37.0 91.8 1.1
Banja Luka, Bosnia And Herzegovina 14.4 2.9 3.0 33.9 32.8 108.0 0.9
Ljubljana, Slovenia 14.4 3.5 3.6 28.8 27.5 89.4 1.1
Budapest, Hungary 14.3 3.2 3.5 31.2 28.3 162.5 0.6
Cluj-Napoca, Romania 14.1 3.4 3.2 29.6 31.1 128.4 0.8
Nis, Serbia 14.0 3.5 3.5 28.2 28.3 119.5 0.8
Annecy, France 14.0 2.3 2.7 43.0 37.5 93.3 1.1
Kosice, Slovakia 14.0 3.7 3.6 27.3 27.5 97.0 1.0
Athens, Greece 13.9 4.2 4.0 23.7 25.0 105.6 0.9
Geneva, Switzerland 13.7 2.7 3.2 36.7 31.3 83.8 1.2
Tuzla, Bosnia And Herzegovina 13.6 2.5 2.6 39.9 38.2 94.4 1.1
Gdansk, Poland 13.6 3.4 4.3 29.6 23.0 123.0 0.8
Stockholm, Sweden 13.3 2.8 3.2 36.3 30.9 95.9 1.0
Lviv, Ukraine 13.2 6.1 6.4 16.5 15.6 200.5 0.5
Minsk, Belarus 13.1 4.6 4.8 21.6 21.0 264.3 0.4
Warsaw, Poland 13.1 4.2 5.1 23.8 19.5 129.2 0.8
Nantes, France 12.7 2.8 3.1 36.2 32.7 81.7 1.2
Rijeka, Croatia 12.7 3.6 3.4 28.1 29.0 96.7 1.0
Sarajevo, Bosnia And Herzegovina 12.7 2.4 2.8 41.4 35.9 85.6 1.2
Vilnius, Lithuania 12.6 3.9 4.2 25.5 23.8 87.0 1.1
Thessaloniki, Greece 12.6 4.1 4.8 24.2 20.8 94.6 1.1
Debrecen, Hungary 12.6 3.3 3.1 30.3 32.3 127.7 0.8
Constanta, Romania 12.4 4.7 4.4 21.2 22.6 113.6 0.9
Podgorica, Montenegro 12.2 5.0 4.7 19.9 21.4 108.3 0.9
Plzen, Czech Republic 12.0 2.5 3.0 39.2 33.8 101.0 1.0
Iasi, Romania 12.0 3.9 3.9 25.7 25.3 106.4 0.9
Salzburg, Austria 12.0 3.1 3.5 32.0 28.9 83.3 1.2
Sliema, Malta 11.9 5.3 5.7 18.9 17.6 92.5 1.1
Oradea, Romania 11.8 3.7 3.6 26.7 27.5 106.5 0.9
Dnipro, Ukraine 11.7 6.6 5.6 15.1 17.8 185.3 0.5
Berlin, Germany 11.6 3.4 3.4 29.6 29.4 79.4 1.3
Olomouc, Czech Republic 11.6 3.6 3.2 28.1 31.2 93.6 1.1
Graz, Austria 11.4 2.4 2.9 40.9 35.0 77.9 1.3
Larissa, Greece 11.4 3.1 2.9 31.9 34.7 85.7 1.2
Krakow (Cracow), Poland 11.4 4.2 4.8 24.0 20.7 118.6 0.8
Barcelona, Spain 11.3 4.5 5.4 22.4 18.7 73.4 1.4
Wroclaw, Poland 11.2 4.7 5.3 21.5 18.7 109.1 0.9
Poznan, Poland 11.2 4.1 4.9 24.2 20.5 97.1 1.0
Naples, Italy 11.2 3.5 4.5 28.4 22.0 73.8 1.4
Chisinau, Moldova 11.2 5.8 6.3 17.2 16.0 161.1 0.6
Bolzano-Bozen, Italy 11.1 3.4 3.5 29.6 28.9 75.0 1.3
Luxembourg, Luxembourg 11.0 3.0 3.4 33.5 29.3 66.7 1.5
Osijek, Croatia 10.9 3.7 3.0 27.1 33.4 80.9 1.2
Palma de Mallorca, Spain 10.8 4.1 5.6 24.2 17.8 75.0 1.3
Trondheim, Norway 10.8 2.8 3.0 35.9 32.9 77.9 1.3
Timisoara, Romania 10.8 4.1 4.0 24.3 24.7 93.5 1.1
Bologna, Italy 10.8 4.3 4.7 23.5 21.2 73.4 1.4
Hamburg, Germany 10.7 2.7 3.2 37.5 30.8 73.9 1.4
Haarlem, Netherlands 10.7 4.9 4.8 20.4 20.7 75.3 1.3
Bitola, North Macedonia 10.6 4.3 3.7 23.1 27.4 89.6 1.1
Espoo, Finland 10.6 3.1 3.6 32.6 27.5 66.4 1.5
Dusseldorf, Germany 10.6 3.2 2.9 31.2 34.2 73.8 1.4
Vienna, Austria 10.5 2.5 3.1 39.8 32.2 66.2 1.5
Dublin, Ireland 10.4 6.1 6.8 16.4 14.7 75.8 1.3
Brasov, Romania 10.4 5.0 4.9 20.1 20.5 94.9 1.1
Sibiu, Romania 10.3 4.2 4.3 23.5 23.4 95.7 1.0
Nice, France 10.3 3.0 4.3 33.2 23.5 63.9 1.6
Bucharest, Romania 10.3 4.4 5.2 22.6 19.2 101.6 1.0
Frankfurt, Germany 10.3 2.9 3.1 34.2 32.3 73.2 1.4
Tallinn, Estonia 10.2 3.8 4.0 26.7 24.9 66.3 1.5
Heidelberg, Germany 10.2 3.0 3.2 33.2 30.9 70.9 1.4
Craiova, Romania 10.2 4.0 4.4 24.8 22.9 90.2 1.1
Kaunas, Lithuania 10.1 3.8 4.3 26.4 23.2 70.4 1.4
Villach, Austria 10.0 3.9 3.8 25.8 26.5 66.7 1.5
Coimbra, Portugal 10.0 5.4 6.1 18.4 16.4 77.7 1.3
Sofia, Bulgaria 9.9 3.9 4.4 25.8 22.6 68.8 1.5
Stuttgart, Germany 9.8 2.8 3.1 35.1 32.5 67.4 1.5
Oslo, Norway 9.8 3.1 3.7 32.0 27.1 67.1 1.5
Nuremberg, Germany 9.7 2.7 2.8 36.6 35.3 66.3 1.5
Bari, Italy 9.6 4.0 4.6 25.1 21.9 68.5 1.5
Copenhagen, Denmark 9.4 4.7 5.0 21.5 20.0 65.4 1.5
Lodz, Poland 9.4 5.4 6.0 18.5 16.8 84.7 1.2
Klaipeda, Lithuania 9.4 3.8 3.8 26.1 26.6 67.6 1.5
Tartu, Estonia 9.2 3.7 4.2 27.1 23.8 62.8 1.6
Lyon, France 9.2 3.3 3.0 30.8 33.7 60.8 1.6
Katowice, Poland 9.2 3.9 4.5 25.9 22.2 80.6 1.2
Edinburgh, United Kingdom 9.1 5.1 4.8 19.7 20.8 63.8 1.6
Varna, Bulgaria 8.9 4.7 5.6 21.4 17.7 65.0 1.5
Helsinki, Finland 8.8 3.1 3.9 32.6 25.4 52.7 1.9
Riga, Latvia 8.8 4.1 4.4 24.4 22.9 59.7 1.7
Cagliari, Italy 8.8 4.7 5.3 21.4 18.9 66.3 1.5
Treviso, Italy 8.6 4.8 5.6 20.9 17.8 63.4 1.6
Linz, Austria 8.4 3.6 3.7 27.5 26.7 57.4 1.7
Rimini, Italy 8.4 4.3 4.9 23.1 20.5 58.8 1.7
Tromso, Norway 8.3 4.2 4.1 23.9 24.3 56.5 1.8
Turin, Italy 8.3 4.1 5.6 24.3 17.8 56.3 1.8
Amsterdam, Netherlands 8.3 4.7 5.5 21.3 18.2 55.7 1.8
Bergen, Norway 8.2 4.0 4.6 25.3 21.6 59.5 1.7
Seville (Sevilla), Spain 8.1 4.1 5.5 24.6 18.0 55.4 1.8
Porto, Portugal 8.0 7.3 8.4 13.7 12.0 52.3 1.9
Gothenburg, Sweden 8.0 3.9 4.5 25.7 22.1 57.6 1.7
Malaga, Spain 7.9 4.6 5.7 21.6 17.5 53.9 1.9
Ostrava, Czech Republic 7.8 4.6 4.7 21.7 21.3 64.1 1.6
Liverpool, United Kingdom 7.7 4.6 6.2 21.7 16.2 60.2 1.7
Tampere, Finland 7.6 3.8 3.9 26.2 25.9 48.9 2.0
Maribor, Slovenia 7.5 4.1 4.2 24.3 23.7 50.3 2.0
Dresden, Germany 7.4 3.2 3.3 31.0 30.5 53.4 1.9
Burgas, Bulgaria 7.4 5.8 6.7 17.2 15.0 59.8 1.7
Granada, Spain 7.3 4.2 4.7 23.7 21.4 49.8 2.0
Toulouse, France 7.3 3.7 3.8 27.2 26.4 44.8 2.2
Uppsala, Sweden 7.2 4.5 4.5 22.4 22.0 54.6 1.8
Aarhus, Denmark 7.1 3.6 4.6 27.6 21.8 50.3 2.0
Manchester, United Kingdom 7.1 5.4 5.5 18.6 18.3 54.1 1.8
Reykjavik, Iceland 7.1 5.5 6.3 18.3 15.9 64.2 1.6
Madrid, Spain 7.1 5.0 5.6 20.2 17.7 43.3 2.3
Santa Cruz de Tenerife, Spain 7.0 6.8 7.3 14.7 13.6 47.9 2.1
Plovdiv, Bulgaria 6.9 4.9 5.4 20.3 18.5 51.2 2.0
Catania, Italy 6.9 5.6 6.1 17.8 16.5 50.1 2.0
Antwerp, Belgium 6.9 4.8 5.4 20.8 18.4 46.6 2.1
Glasgow, United Kingdom 6.8 4.0 6.3 24.8 15.9 51.4 1.9
Utrecht, Netherlands 6.8 4.6 5.3 21.9 19.0 47.1 2.1
Grenoble, France 6.7 4.1 4.5 24.6 22.2 42.6 2.3
Gent, Belgium 6.6 5.3 5.3 18.9 18.9 47.3 2.1
Alicante, Spain 6.4 6.5 7.2 15.3 13.9 43.7 2.3
Delft, Netherlands 6.2 5.4 5.1 18.5 19.7 45.5 2.2
Malmo, Sweden 6.1 4.2 5.4 23.6 18.4 40.0 2.5
Brussels, Belgium 6.1 5.5 5.6 18.3 17.9 39.7 2.5
Cork, Ireland 6.1 7.8 8.0 12.9 12.5 43.2 2.3
Turku, Finland 5.9 3.4 6.6 29.3 15.2 38.6 2.6
Belfast, United Kingdom 5.9 6.1 6.4 16.3 15.5 44.0 2.3
Groningen, Netherlands 5.7 5.6 4.4 18.0 23.0 37.8 2.6
The Hague (Den Haag), Netherlands 5.6 5.1 5.6 19.7 18.0 38.3 2.6
Rotterdam, Netherlands 5.5 5.7 6.9 17.4 14.5 36.2 2.8
Eindhoven, Netherlands 5.4 5.8 6.0 17.4 16.6 36.9 2.7
Palermo, Italy 5.4 6.3 5.7 15.8 17.4 37.3 2.7
Aalborg, Denmark 5.2 3.9 4.2 25.4 23.7 37.3 2.7
Coventry, United Kingdom 4.8 5.4 5.0 18.4 20.1 39.6 2.5
Aberdeen, United Kingdom 4.7 4.9 4.9 20.6 20.6 37.0 2.7
Valencia, Spain 4.3 7.7 9.6 13.0 10.4 26.7 3.8