
Expensive
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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 $119,705, lower than the Tennessee average of $315,131.
The average cost of rent is $1,144/mo in Denmark, primarily driven by the current value of real estate in the Denmark area. In Denmark, 21.87% of households rent, and 61.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Denmark is $6,398 per month. Households that rent pay about 17.88% of their income on rent here. Denmark’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Leighton, TN: less expensive homes
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- Westover, TN: equally priced homes
- Woodland, TN: higher priced homes
- Wellwood, TN: higher priced homes
- Medon, TN: higher priced homes
- Malesus, TN: higher priced homes
Cities with Similar Populations
- Sanborn, MN: equally priced homes
- Gillham, AR: less expensive homes
- Gillisonville, SC: higher priced homes
- Glen Daniel, WV: higher priced homes
- Gratiot, WI: higher priced homes
- Groom, TX: equally priced homes
- Red Cliff, WI: higher priced homes
- Rolfe, IA: less expensive homes
- Ruggles, OH: higher priced homes
- Fowlerton, IN: higher priced homes
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