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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 $102,026, lower than the Tennessee average of $218,916.
The average cost of rent is $839/mo in Denmark, primarily driven by the current value of real estate in the Denmark area. While nearly 38.53% of residents own their homes outright in Denmark, 26.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Denmark is $4,677 per month. Households that rent pay about 17.94% of their income on rent here. Denmark's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Ruggles, OH: higher priced homes
- Fowlerton, IN: equally priced homes
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