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Denmark · report

Affordability in Denmark

At the average sale price of houses, a 90 m² home costs DKK 1,756,890. With 10% down and a 30-year mortgage, the payment is DKK 7,532 a month. Denmark sets no cap on the payment; lenders treat debt above four times gross income as high.

Payment, two incomes
15%
Payment, one income
31%

Try your own numbers

Starting from the average sale price of houses, DKK 19,521/m², in Denmark, a median disposable income of DKK 294,291 a year per person, equivalised (2024, Denmark), and a mortgage rate of 4.0% (September 2026).

Assumptions
90
Statistics Denmark's median is per person, equivalised: one income is a single adult's, and two incomes is close to a couple who both earn it.
4

The payment takes 15% of disposable income. Denmark sets no limit on it.

Home price
DKK 1,756,890
Monthly payment
DKK 7,549
Share of net income
15%

The mortgage payment as a share of income, year by year

A 90 m² home with 10% down over 30 years, at each year's average price and rate, against one and against two of that year's median incomes.

  • Two median incomes
  • One median income
Show the numbers
PeriodTwo median incomesOne median income
202414.6%29.3%
202315.1%30.2%
202211.7%23.3%
202110.5%21.0%
20209.9%19.7%
20199.9%19.8%
201810.2%20.4%
201710.2%20.4%
201610.2%20.4%
201510.3%20.7%
201410.2%20.4%
201310.3%20.5%
201210.1%20.3%
201111.3%22.6%
201011.8%23.5%
200913.3%26.7%
200818.7%37.4%
200720.0%40.1%
200618.3%36.6%
200514.6%29.2%
200412.6%25.2%
200312.7%25.5%

Denmark against the EU

Share of people spending over 40% of their disposable income on housing, then the rest of Eurostat's survey of living conditions. These are national figures, shown here as context.

  • Denmark
  • EU
Show the numbers
YearDenmarkEU
202514.7%7.7%
202414.6%8.2%
202315.4%8.8%
202214.7%8.7%
202115.5%8.7%
202014.1%7.8%
201915.6%9.4%
201814.7%9.6%
201715.7%10.1%
201615.1%10.9%
201515.1%11.2%
201415.6%11.5%
201317.9%11.6%
201216.7%11.5%
201118.5%10.6%
201021.9%10.0%
Share of people whoDenmarkEU
Spend over 40% of income on housing6.3%7.7%
… nationals (adults)4.4%7.1%
… citizens of another EU country (adults)17.1%15.2%
… non-EU citizens (adults)38.0%18.1%
Live in an overcrowded home12.7%16.8%
Own their home outright39.7%43.7%
Own with a mortgage31.5%24.8%
Rent at market price16.3%20.8%
Rent at a reduced price or free12.5%10.7%

Income is Statistics Denmark's median equivalised disposable income: a family's income after tax, divided by its equivalence scale, so one income is a single adult's. Denmark sets no limit on the payment as a share of income. Lenders need a 5% deposit, and debt above four times gross income counts as high, which rules out some variable-rate and interest-only loans when the loan is also above 60% of the home's value.

Other reports for Denmark

Asking prices have an 80% chance of landing between DKK 24,169/m² and DKK 26,148/m² by September 2027.

Expected, September 2027
DKK 25,158/m²
Chance of a rise
96%

Houses sold in Q2 2026 had first been offered at 4.9% more than they fetched. A year ago the gap was +6.0%.

Gap today
+4.9%
Change in a year
−1.0 pp

25.3% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
24,594
Per 1,000 residents
4.1

Prices of existing homes have fallen by 3% or more 3 times since 1992. The deepest began in Q3 2007.

Deepest fall
−21.2%
Recovery from the low
75 months

In 2025 the population grew by 32,946 while 25,465 homes were finished: 1.3 new residents for every new home.

New residents per new home, 2025
1.3
Population change, 2025
+32,946

6.5% of the 3,071,410 homes registered on 1 January 2026 had nobody living in them.

Empty, 2026
6.5%
Empty homes
198,672

In 2025, 8% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
8%

Public bodies signed DKK 4.7B of housing works here in 2025, and DKK 64.5B since 2017.

Signed in 2025
DKK 4.7B
Per resident, 2025
DKK 781