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These days, finding an affordable place to live in the Denmark area can be challenging. Home prices in Denmark are now at a median cost of $71,790, lower than the Arkansas average of $160,541.
The average cost of rent is $695/mo in Denmark, primarily driven by the current value of real estate in the Denmark area. While nearly 57.22% of residents own their homes outright in Denmark, 26.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Denmark is $3,076 per month. Households that rent pay about 22.60% of their income on rent here. Denmark's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
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