Property Prices in Herning, Denmark

Index
Price to Income Ratio:	5.50
Mortgage as Percentage of Income:	36.51%
Loan Affordability Index:	2.74
Price to Rent Ratio - City Centre:	33.08
Price to Rent Ratio - Outside of Centre:	28.79
Gross Rental Yield (City Centre):	3.02%
Gross Rental Yield (Outside of Centre):	3.47%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	4,826.61 kr	4,475.83-5,004.00
Apartment (1 bedroom) Outside of Centre	3,576.62 kr	3,000.00-4,000.00
Apartment (3 bedrooms) in City Centre	11,000.00 kr	10,000.00-12,000.00
Apartment (3 bedrooms) Outside of Centre	9,333.33 kr	9,000.00-10,000.00
Buy Apartment Price	Edit
Price per Square Meter to Buy Apartment in City Centre	39,010.00 kr
Price per Square Meter to Buy Apartment Outside of Centre	27,015.00 kr
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	30,000.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.97	1.50-4.40

These data are based on 23 entries from 4 contributors over the past 18 months.
Last update: 24 December 2024

Sources and References

Nearby Cities:

Property Prices in Holstebro	35.46 km
Property Prices in Silkeborg	44.20 km
Property Prices in Viborg	48.47 km
Property Prices in Skive	55.51 km
Property Prices in Billund	62.51 km
Property Prices in Brabrand	77.39 km
Property Prices in Vejle	80.86 km
Property Prices in Horsens	82.03 km
Property Prices in Aarhus	87.36 km
Property Prices in Esbjerg	88.13 km

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	72,100.00
GDP Growth Rate:	2.50%
Population Growth Rate:	0.44%