Hyde Park II
2901 Loy Lake Rd,
Denison, TX 75020
1-2 Beds | $937 - $1,379
Rental Market Trends in Denison, TX
Updated July 2026
The average rent in Denison, TX is $919/month.
Rent in Denison is 45% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$919/month
Average Rent
718 Sq Ft
Average Size
-14.3%
Change / Year
280
Available Apartments
Denison rent varies by unit size and layout:
- Studio apartments in Denison average per month.
- One-bedroom apartments in Denison average $919 per month.
- Two-bedroom apartments in Denison average $1,087 per month.
- Three-bedroom apartments in Denison average $1,153 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Denison, TX?
In the past year, rent has decreased by 14.3%, which averages out to $131 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Denison, TX
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
14%
Below $700/month
43%
$700 - $1,000/month
36%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
7%
Above $2,000/month
What salary do I need to live comfortably in Denison, TX?
Because the average rent in Denison is $919, you’ll want to make about $3,063 per month or $36,756 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 8.1% lower than the national average. Generally, housing in Denison is 16.1% less expensive than the national average, with rent falling between $0 - $1,153. You can expect to pay 7.0% less for groceries, 2.4% 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.
View the Denison Area GuideApartment Communities in Denison We Think You'll Love
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Frequently Asked Questions
What is the average rent in Denison?
The average rent in Denison is $919 per month, which is 44.7% lower than the national average of $1,663.
What is the average rent for a house in Denison?
The average rent for a house in Denison, TX is $1,639 per month.
What is the average rent for a townhome in Denison?
The average rent for a townhome in Denison, TX is $984 per month.
Are rents going up or down in Denison?
Rents in Denison, TX are decreasing, with prices down 14.3% year-over-year and $131 less per month.
What rent range is most common in Denison?
In Denison, TX, 43% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 June 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.