Denmark House Prices, Rents & Rental Yields (2026)
How much property costs in Denmark, what it rents for and how that compares with neighbouring markets in Northern Europe. City-centre prices per m² rank 6 of 10 in this comparison; gross yields rank 3 of 10.
- Apartment price per m² (city centre)
- $6,030
- 2023
- Apartment price per m² (outside centre)
- $4,108
- 2023
- Gross rental yield (city centre)
- 4.3%
- 2024
- Price-to-income ratio
- 6.8
- 2024
- Rent: 1-bedroom, city centre
- $1,349/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 4.2%
- 2023
Price and rent trends in Denmark
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $6,030 | 2023 | +1.4% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $4,108 | 2023 | -5.8% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 6.8 | 2024 | +3.0% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 4.3% | 2024 | -0.1 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 23.1 | 2024 | +1.8% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $1,349/mo | 2023 | -3.6% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $1,013/mo | 2023 | -3.6% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $2,304/mo | 2023 | -2.6% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $1,694/mo | 2023 | -3.8% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 4.2% | 2023 | +1.9 pp vs 2022 | Numbeo |
| Home ownership rateShare of owner-occupied dwellings | 60.0% | 2024 | ±0.0 pp vs 2023 | Trading Economics |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) | Home ownership rate |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 6.8 | 4.3% | 23.1 | — | — | — | — | — | 60.0% |
| 2023 | $6,030 | $4,108 | 6.6 | 4.4% | 22.7 | $1,349/mo | $1,013/mo | $2,304/mo | $1,694/mo | 4.2% | 60.0% |
| 2022 | $5,948 | $4,363 | 6.8 | 4.0% | 25.1 | $1,399/mo | $1,051/mo | $2,366/mo | $1,762/mo | 2.3% | 59.6% |
| 2021 | $8,361 | $5,728 | 6.7 | 4.3% | 23.4 | $1,440/mo | $1,012/mo | $2,375/mo | $1,861/mo | 1.2% | 59.2% |
| 2020 | $5,800 | $4,026 | 7.5 | 4.0% | 24.8 | $1,275/mo | $922/mo | $2,352/mo | $1,772/mo | 1.5% | 59.3% |
| 2019 | $6,217 | $4,235 | 6.9 | 4.5% | 22.4 | $1,149/mo | $859/mo | $2,096/mo | $1,569/mo | 1.6% | 60.8% |
| 2018 | $6,189 | $4,184 | 7.2 | 4.2% | 23.9 | $1,206/mo | $880/mo | $2,189/mo | $1,628/mo | 2.2% | 60.5% |
| 2017 | $5,509 | $3,584 | 8.2 | 4.7% | 21.2 | $1,142/mo | $820/mo | $2,183/mo | $1,497/mo | 2.2% | 62.2% |
Denmark compared with Northern Europe
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Denmark | $6,030 | 4.3% | 6.8 | 4.2% |
| Estonia | $3,787 | 3.5% | 10.2 | 4.1% |
| Finland | $7,404 | 3.1% | 8.3 | 3.5% |
| Iceland | $6,323 | 5.9% | 5.6 | 9.2% |
| Ireland | $5,218 | 7.4% | 7.5 | 4.5% |
| Latvia | $2,561 | 4.0% | 9.4 | 4.3% |
| Lithuania | $4,378 | 3.8% | 11.1 | 4.1% |
| Norway | $7,484 | 3.9% | 7.8 | 4.3% |
| Sweden | $6,547 | 3.7% | 8.1 | 4.4% |
| United Kingdom | $7,593 | 4.3% | 9.9 | 5.5% |
Related
- Properties for sale in Denmark (28,577)
- Mortgages in Denmark for foreigners
- Denmark market overview
- Tax rates in Denmark
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.