In comparison: The average rent in Augsburg for a 60m³ flat is around 756 Euros (
way more for new contracts and furnished flats), the median net income in Germany is ~ 2244 Euros.
One downside, if you're on the taller side, is that the doors in the Fuggerei are only like 5'8, though - and if you're taller than 6'4 or so, even the ceiling height becomes a problem. :D