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:	30.59
Price to Rent Ratio - Outside of Centre:	25.95
Gross Rental Yield (City Centre):	3.27%
Gross Rental Yield (Outside of Centre):	3.85%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	5,626.00 kr	5,000.00-6,500.00
Apartment (1 bedroom) Outside of Centre	4,432.35 kr	3,729.39-5,500.00
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 Feet to Buy Apartment in City Centre	3,624.12 kr
Price per Square Feet to Buy Apartment Outside of Centre	2,509.75 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 27 entries in the past 18 months from 5 different contributors.
Last update: October 2024

Sources and References

Nearby cities:

Property Prices in Holstebro	22.03 miles
Property Prices in Silkeborg	27.47 miles
Property Prices in Viborg	30.11 miles
Property Prices in Skive	34.49 miles
Property Prices in Billund	38.84 miles
Property Prices in Brabrand	48.09 miles
Property Prices in Vejle	50.24 miles
Property Prices in Horsens	50.97 miles
Property Prices in Aarhus	54.29 miles
Property Prices in Esbjerg	54.76 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	59,900.00
GDP Growth Rate:	2.73%
Population Growth Rate:	0.44%