Where are Denmark’s cheapest and most expensive places to buy an apartment?

The most expensive municipality in Denmark in terms of apartment prices is upmarket Copenhagen district Frederiksberg. 

Central Jutland town Randers is the cheapest according to a new analysis of the housing market by estate agents Home.

In a press release, the company sets the ten cheapest and most expensive localities for buying apartments against each other – while noting that travelling short distances for work or school could save you a lot of money by placing you outside of the priciest postcodes.

Data used in the analysis comes from July 2024 price information collated by real estate media Boligsiden.

In Frederiksberg, the price of a medium-large apartment of 85 square metres in floor area comes in at around 5 million kroner. That is based on the calculated square-metre price of 59,080 kroner per square metre.

The second and third-most expensive municipalities for apartments, neighbouring Copenhagen and Gentofte, come in at 4.6 million and 4.2 million kroner respectively.

READ ALSO: MAP: How much do you need to earn in Denmark to buy a house?

At the opposite end of the scale is Randers, which is located around 45 minutes by car from Aarhus. Here, an equivalent apartment will cost around 850,000 kroner, with its square.metre price coming in at 10,006 kroner.

“Randers is only half an hour away by train or 45 minutes in the car from Aarhus – but costs a quarter of an apartment in Aarhus,” Home’s senior communications consultant and spokesperson Michael Dalsager said in the statement.

After Randers, the most inexpensive municipalities in which you can find an apartment are Næstved in southwestern Zealand, and west Jutland town Esbjerg. In both cities, the sample-sized 85 square-metre apartment costs under 1.3 million kroner.

READ ALSO: 'Weekends are dead': The 'dullest' cities in Denmark revealed

Commuters from Næstved to Copenhagen can make the journey in around an hour by train or 90 minutes by car.

The prices in Frederiksberg, Copenhagen and surrounding areas are well-known and a frequent subject of debate, and are closely related to the high demand in those areas.

“We see the lowest prices in Randers and Næstved, which give opportunities for buyers who are looking for more study- or budget-friendly prices,” Dalsager said.

“These are also towns which offer a good range of education options,” he added.

READ ALSO: What first-time home buyers in Denmark need to know about the current housing market