Hyde Park II
2901 Loy Lake Rd,
Denison, TX 75020
$1,014 - $1,311
1-2 Beds
Rental Market Trends in Denison, TX
What is the average rent in Denison, TX?
$945/month
Average Rent
724 Sq Ft
Average Apartment Size
-11%
Decrease in the Last Year
As of April 2026, the average rent in Denison, TX is $945 per month. This is 42% lower than the national average rent of $1,641/month, making renting in Denison more affordable than most cities in the US. When you rent an apartment in Denison, you can expect to pay about per month for a studio, $945 for a one-bedroom apartment, and around $1,077 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,142 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Denison, TX?
In the past year, rent has decreased by 11%, which averages out to $103 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Denison, TX
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
15%
Below $700/month
38%
$700 - $1,000/month
38%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
8%
Above $2,000/month
What salary do I need to live comfortably in Denison, TX?
Because the average rent in Denison is $945, you’ll want to make about $3,150 per month or $37,800 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Denison, TX is 8.2% lower than the national average. Generally, housing in Denison is 16.1% less expensive than the national average, with rent falling between $0 - $1,142. You can expect to pay 7.0% less for groceries, 2.1% more for utilities, and 15.6% less for transportation.
How does Denison, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Denison, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.