The Most Affordable Neighborhoods in Denmark, ME by Home Value

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 $252,668, lower than the Maine average of $330,167.

The average cost of rent is $1,389/mo in Denmark, primarily driven by the current value of real estate in the Denmark area. In Denmark, 8.19% of households rent, and 56.48% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Denmark is $5,452 per month. Households that rent pay about 25.47% of their income on rent here. Denmark’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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