Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Munich area can be challenging. Home prices in Munich are now at a median cost of $107,240, lower than the North Dakota average of $223,566.
The average cost of rent is $692/mo in Munich, primarily driven by the current value of real estate in the Munich area. While nearly 77.65% of residents own their homes outright in Munich, 9.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Munich is $5,983 per month. Households that rent pay about 11.57% of their income on rent here. Munich's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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