Poland · Europe · Population: 470,000
Gdansk is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has affordable rents compared to global standards. At $170,000 average home price in Poland, buyers should consider the 6.2x price-to-income ratio when planning a purchase.
| Average Home Price | $170,000 |
| Price per sqm | $2,800 |
| Price-to-Income Ratio | 6.2x |
| Mortgage Rate | 7.5% |
| 1-Year Price Change | +6.8% |
| 1-Bedroom Apartment | $600/mo |
| 3-Bedroom Apartment | $1,000/mo |
| Rent-to-Income Ratio | 22% |
| Median Household Income | $27,000/year |
| Years to Buy (at median income) | 6.2 years |
| Local Currency | PLN |
With a price-to-income ratio of 6.2x, Gdansk offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 6.8% in the past year.
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