How much rent can you afford in Denison, TX?
Run your salary against Denison's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Denison
At a median rent of $1,437/mo, Denison is affordable when measured against Denison median household income of $67,365/yr. Rent would consume roughly 26% of pre-tax income, and a salary of about $57,480 keeps rent at the recommended 30% threshold.
How Denison compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Denison?
On a $67,365 salary (the Denison median household income), the recommended ceiling is 30% of pre-tax income, or about $1,684/mo. Denison's median rent is $1,437/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Denison?
To keep Denison's $1,437/mo median rent under 30% of income, you'd need about $57,480/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Denison affordable on the median Texas income?
Denison is affordable on a $67,365 income. Rent would take 26% of pre-tax pay, inside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".