Authored by the expert who managed and guided the team behind the Denmark Property Pack
Yes, the analysis of Copenhagen's property market is included in our pack
Copenhagen's rental market is experiencing unprecedented demand with vacancy rates at historic lows of 2.3% as of June 2025.
Average monthly rents range from 7,000 DKK for studios to 22,000+ DKK for three-bedroom apartments in central areas, with rental yields averaging 3.5-4.0% across the city. The market is driven by strong demand from students, expats, and professionals, creating a competitive landscape for both tenants and investors.
If you want to go deeper, you can check our pack of documents related to the real estate market in Denmark, based on reliable facts and data, not opinions or rumors.
Copenhagen's rental market shows strong fundamentals with average rents of 12,000-16,000 DKK for two-bedroom apartments in central areas and rental yields of 3.5-4.0%.
The market is characterized by extremely low vacancy rates, consistent rent growth of 4-8% annually, and high demand from diverse tenant profiles including students, expats, and young professionals.
| Property Type | Average Monthly Rent (DKK) | Rental Yield |
|---|---|---|
| Studio/1-room | 7,000-12,000 | 4.0-4.6% |
| 1-bedroom | 9,000-12,000 | 4.0-4.6% |
| 2-bedroom | 12,000-18,000 | 2.7-4.3% |
| 3-bedroom | 18,000-22,000+ | 2.2-3.6% |
| Penthouse/Luxury | 30,000-50,000+ | 2.5-3.5% |
| Houses | 15,000-40,000 | 3.0-4.0% |
| Short-term rentals | €153/night (~4,600 DKK) | 6.0-8.0% |
What's the average monthly rent for apartments in Copenhagen right now?
As of June 2025, Copenhagen's rental market shows distinct pricing tiers based on property size and location.
Studio and one-room apartments range from 7,000 to 12,000 DKK per month, with variations depending on specific neighborhood and amenities. One-bedroom apartments typically cost between 9,000 and 12,000 DKK monthly in central areas.
Two-bedroom apartments represent the most sought-after segment, with monthly rents spanning 12,000 to 18,000 DKK. Most listings in central Copenhagen neighborhoods fall within the 12,000 to 16,000 DKK range for this property type.
Three-bedroom apartments command higher rents of 18,000 to 22,000 DKK or more, depending on location and quality specifications. Premium and penthouse units significantly exceed these ranges, often reaching 30,000 to 50,000 DKK monthly in prime Copenhagen areas.
Houses remain rare in the city center, but suburban and outer district options range from 15,000 to 40,000 DKK monthly depending on size and amenities.
How does rent vary by property type - studio, 1-bed, 2-bed, penthouse, or house?
Copenhagen rental prices show clear segmentation across different property types, reflecting both space premiums and target demographics.
| Property Type | Monthly Rent Range (DKK) | Target Tenants |
|---|---|---|
| Studio/1-room | 7,000-12,000 | Students, young professionals |
| 1-bedroom | 9,000-12,000 | Singles, young couples |
| 2-bedroom | 12,000-18,000 | Couples, small families, professionals |
| 3-bedroom | 18,000-22,000+ | Families, shared living arrangements |
| Penthouse/Luxury | 30,000-50,000+ | High-income professionals, executives |
| Houses (suburban) | 15,000-40,000 | Families seeking space and privacy |
| Shared rooms | 4,000-8,000 | Students, young professionals |
What are average rent prices in different Copenhagen neighborhoods?
Copenhagen's neighborhood rental pricing reflects distinct characteristics, accessibility, and desirability factors across the city's districts.
Østerbro maintains moderate pricing with one-room apartments around 8,000 DKK, two-room units at approximately 13,135 DKK, and three-room apartments reaching 21,617 DKK. The average rent per square meter in Østerbro sits at 199 DKK monthly.
Vesterbro shows competitive pricing with one-room apartments starting around 7,204 DKK, two-room units averaging 15,600 DKK, and three-room apartments at 20,217 DKK. The neighborhood commands an average of 209 DKK per square meter monthly.
Frederiksberg represents the premium segment, generally exceeding both Østerbro and Vesterbro pricing, with two-bedroom apartments often surpassing 16,000 DKK monthly. Indre By (City Center) commands the highest prices, with one-bedroom units frequently above 12,000 DKK and two-bedroom apartments exceeding 15,000 DKK.
Other notable areas including Nordhavn, Christianshavn, Islands Brygge, and Nørrebro typically price below Indre By levels, with two-bedroom apartments ranging from 12,000 to 16,000 DKK monthly, while outer districts and suburbs offer more affordable options at 10,000 to 14,000 DKK for similar properties.
How much does surface area affect average rental prices?
Surface area significantly impacts Copenhagen rental pricing, with cost per square meter serving as a fundamental pricing mechanism across the city.
Østerbro averages approximately 199 DKK per square meter monthly, while Vesterbro commands slightly higher rates at 209 DKK per square meter. City center locations frequently exceed 220 DKK per square meter due to premium positioning and space scarcity.
The relationship between total apartment size and per-square-meter pricing reveals economies of scale, where larger apartments often offer better value per square meter compared to compact studios. However, central locations maintain premium per-square-meter rates regardless of total apartment size.
Space efficiency becomes crucial in Copenhagen's competitive market, where every square meter carries significant value. Properties offering optimized layouts and functional design command premium pricing within their respective neighborhoods.
It's something we develop in our Denmark property pack.
What are total monthly costs for landlords including all expenses?
Copenhagen landlords face comprehensive monthly expenses beyond basic mortgage payments, significantly impacting overall property investment returns.
For a typical 4 million DKK apartment in central Copenhagen, monthly mortgage payments with standard 20% down payment terms reach approximately 17,000 DKK. Property taxes add roughly 2,500 DKK monthly (30,000 DKK annually).
Maintenance costs and ejerudgift (building management fees) typically require 3,000 DKK monthly for standard properties. Additional expenses include property insurance, occasional repair costs, and professional property management fees if utilized.
Total estimated monthly landlord costs for a central Copenhagen property sum to approximately 22,500 DKK, breaking down to mortgage payments (17,000 DKK), property taxes (2,500 DKK), and maintenance (3,000 DKK). These figures vary based on specific property values, financing terms, and building characteristics.
Landlords must also consider periodic major repairs, tenant turnover costs, and potential vacancy periods when calculating comprehensive ownership expenses.
Don't lose money on your property in Copenhagen
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What rental yields can investors expect in Copenhagen today?
Copenhagen rental yields as of mid-2025 average between 3.5% and 4.0% gross across the metropolitan area, with notable variations by property type and location.
| Area/Property Type | 1-bedroom Yield | 2-bedroom Yield | 3-bedroom Yield |
|---|---|---|---|
| Copenhagen S | 4.57% | 4.32% | 3.16% |
| Copenhagen K (Central) | 4.61% | 3.15% | 3.62% |
| All Copenhagen Average | 4.00% | 2.68% | 2.22% |
| Studios (citywide) | 4.03% | N/A | N/A |
| Outer Districts | 4.5-5.0% | 4.0-4.5% | 3.5-4.0% |
| Premium Central Areas | 3.0-3.5% | 2.5-3.0% | 2.0-2.5% |
| Short-term Rentals | 6.0-8.0% | 6.0-8.0% | 5.5-7.5% |
What are typical renter profiles and their preferences?
Copenhagen's rental market serves diverse tenant demographics, each with distinct preferences and requirements shaping demand patterns.
Students represent a significant segment seeking affordability and proximity to educational institutions. They typically prefer shared apartments or studio units, prioritizing cost-effectiveness over luxury amenities. University areas see concentrated student demand, particularly for properties under 10,000 DKK monthly.
Expat professionals form another crucial segment, often requiring furnished accommodations and English-speaking property management services. They generally prefer central locations with good transport connections and modern amenities, accepting higher rents for convenience and quality.
Young Danish professionals typically seek modern one- or two-bedroom apartments in vibrant neighborhoods like Vesterbro or Nørrebro. They value lifestyle amenities, proximity to entertainment districts, and quality building standards.
Families prioritize larger apartments or houses in family-friendly districts such as Østerbro, Frederiksberg, or suburban areas. They seek properties with good school access, green spaces, and safe environments, often accepting longer commutes for better family amenities.
How do short-term rentals compare to long-term options?
Copenhagen's short-term rental market offers significantly higher yields but operates under strict regulatory frameworks limiting operational flexibility.
Short-term rentals achieve approximately 81% occupancy rates with average daily rates of €153 (roughly 1,150 DKK), generating annual revenues around €42,000 (315,000 DKK). This typically doubles equivalent long-term rental income, creating attractive gross yields of 6-8% for well-positioned properties.
However, regulatory restrictions significantly limit short-term rental operations. Primary residences can be rented up to 70-100 nights annually, while secondary homes face 90-day limits when owners are absent. These constraints cap potential revenue and require careful operational planning.
Long-term rentals provide stability and consistent income streams with lower management intensity. While yields average 3.5-4.0%, they offer predictable cash flows without regulatory compliance complexities or seasonal demand fluctuations.
Operational considerations include higher cleaning, marketing, and guest management costs for short-term rentals, plus potential neighbor relations and building management issues. Long-term rentals require less active management but face tenant protection regulations affecting lease flexibility.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Denmark versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
Can you provide specific rent examples for popular areas?
Østerbro exemplifies Copenhagen's family-friendly premium segment with studio apartments around 8,000 DKK monthly, two-bedroom units averaging 13,135 DKK, and three-bedroom apartments reaching 21,617 DKK.
Vesterbro offers slightly more accessible pricing with studios starting at 7,200 DKK, two-bedroom apartments at 15,600 DKK, and three-bedroom units around 20,200 DKK. The neighborhood attracts young professionals and creatives seeking vibrant nightlife and cultural amenities.
Frederiksberg commands premium pricing across all categories, with studios typically starting at 9,000 DKK, two-bedroom apartments exceeding 16,000 DKK, and three-bedroom units surpassing 22,000 DKK. The area appeals to affluent professionals and families seeking prestige locations.
Indre By (City Center) represents the peak pricing tier, with studios often reaching 12,000 DKK, two-bedroom apartments starting at 16,000 DKK, and three-bedroom units beginning around 22,000 DKK. Premium locations within Indre By can command significantly higher rents for exceptional properties.
It's something we develop in our Denmark property pack.
What are current vacancy rates across Copenhagen?
Copenhagen's rental market operates under extremely tight conditions with vacancy rates reaching historic lows as we reach mid-2025.
The national vacancy rate stands at just 2.3%, representing the lowest levels recorded in recent decades. Copenhagen's central areas maintain even lower vacancy rates, creating intense competition among prospective tenants and favorable conditions for landlords.
Property size significantly influences vacancy patterns, with smaller units (studios and one-bedroom apartments) experiencing the lowest vacancy rates due to high demand from students and young professionals. Larger family-sized apartments also maintain low vacancy rates but may experience slightly longer tenant search periods.
Outer districts show marginally higher vacancy rates compared to central Copenhagen, but still remain well below historical averages. The tight market conditions reflect sustained population growth, limited new housing supply, and strong economic fundamentals driving rental demand.
Seasonal variations typically see slightly higher turnover during summer months when students and young professionals relocate, but overall market tightness persists year-round.
How have rents and yields changed recently?
Copenhagen's rental market has experienced sustained growth over both short and medium-term periods, reflecting fundamental supply-demand imbalances.
Over the past year, central Copenhagen rents have increased by 4-8%, driven by persistent demand and constrained supply. This growth rate exceeds inflation and reflects the market's structural tightness, particularly in desirable neighborhoods and property types.
The five-year trend shows consistent annual rent growth of 3-8% in central areas, with outer districts experiencing accelerated growth due to improved transport connectivity and relative affordability. This sustained growth reflects Copenhagen's economic expansion and population increases.
Rental yields have remained relatively stable at 3.5-4.0% over the past year, despite rent increases. Property price appreciation has generally matched rental growth, maintaining yield consistency for investors. However, the five-year perspective shows slight yield compression as property prices have outpaced rental growth in some premium segments.
Market fundamentals suggest continued upward pressure on rents, with limited new supply and strong demand from diverse tenant segments. Yield stability reflects balanced investor demand and realistic pricing relative to alternative investments.
What do experts forecast for Copenhagen's rental market?
Expert analysis suggests continued rental market strength over the next decade, with sustained growth driven by structural market fundamentals.
One-year forecasts indicate continued rent increases of 4-6% annually, particularly in central and well-connected areas. Supply constraints and population growth support this trajectory, with limited new construction unable to meet demand pressures.
Five-year projections suggest sustained market tightness with annual rent growth of 3-5%, moderated slightly by potential new supply additions and economic cycle variations. Rental yields are expected to remain stable around 3.5-4.0%, with possible slight compression in premium segments.
Ten-year outlook indicates continued market strength, though growth rates may moderate as the market matures and new supply gradually increases. Copenhagen's position as a major European capital and economic center supports long-term rental demand fundamentals.
Compared to European peers, Copenhagen's growth trajectory aligns with Amsterdam and Stockholm (both experiencing 3-6% annual rent growth), while Berlin shows stronger growth at 6-10% but faces regulatory risks. Copenhagen's rental yields of 3.5-4.0% match Amsterdam and Stockholm levels but trail Berlin's 4-5% yields, reflecting relative market maturity and stability.
It's something we develop in our Denmark property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Copenhagen's rental market presents compelling investment opportunities with strong fundamentals, though yields remain moderate compared to emerging markets.
The combination of low vacancy rates, sustained demand growth, and limited supply creates favorable conditions for both rental income and capital appreciation over the medium to long term.
Sources
- Rentumo - Danish Rental Trends 2025
- The Danish Dream - Expat Guide to Renting
- Kvikbolig - Vesterbro Rental Properties
- Kvikbolig - Østerbro Rental Properties
- Global Property Guide - Denmark Rental Yields
- InvestRopa - Copenhagen Real Estate Trends
- Airbtics - Copenhagen Airbnb Revenue Data
- Copenhagen Post - Rental Market Vacancy Rates
- Reddit - Copenhagen Home Ownership Discussion
- InvestRopa - Copenhagen Real Estate Market Analysis