In Denison, a typical home is worth $180,900 and typical rent is $1,309 a month. Compared with all of Grayson County, the typical home value is 27% lower, typical household income is 7% lower, and the share of households that own their home is 8 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $211,392 to $218,219.
Typical rent
$1,411a month
▼ 2.7% less than 12 months ago
Typical rent from Zillow, March 2022 to September 2026: from $1,308 to $1,411.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Denison is in Grayson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Grayson County. See the county
What this place has that others do not, from public data, most unusual first.
1
According to Zillow, in the 12 months to September 2026 the typical home value in Denison fell 6.3%; in Texas, it fell 1.4%.
2
The typical home in Denison is worth $180,900,27% less than in Grayson County as a whole ($248,400).
3
Nearby, in Bonham, the typical rent is $1,073: 18% less than in Denison ($1,309).
4
59% of households in Denison own their home, against 67% in Grayson County.
Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data
The homes here
Housing in Denison
What homes there are in Denison, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Denison
Grayson County
Texas
United States
Kind of home: Denison and its comparisons
Measure
Denison
Grayson County
Texas
United States
Detached house
75%
72%
64%
61%
Attached house
4%
3%
3%
6%
Building of 2 to 4
9%
6%
5%
8%
Apartments (5 or more)
10%
11%
21%
19%
Mobile home
Unreliable estimate
9%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 75% of homes here, against 72% in Grayson County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Denison
Grayson County
Texas
United States
Year built: Denison and its comparisons
Measure
Denison
Grayson County
Texas
United States
Before 1960
37%
20%
12%
26%
1960–1979
29%
23%
21%
24%
1980–1999
15%
25%
28%
25%
2000–2009
7%
13%
18%
14%
2010 or later
13%
19%
21%
11%
Homes in Denison are older: the typical year built is 1967; in Grayson County, 1985.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K20%
$100K–$200K39%
$200K–$300K22%
$300K–$500K16%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Denison and its comparisons
Measure
Denison
Under $100K
20%
$100K–$200K
39%
$200K–$300K
22%
$300K–$500K
16%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA limit for Grayson County is high ($541,287): at least 97% of owner-occupied homes in Denison are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99918%
$1,000–$1,49942%
$1,500–$1,99928%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Denison and its comparisons
Measure
Denison
Under $500
Unreliable estimate
$500–$999
18%
$1,000–$1,499
42%
$1,500–$1,999
28%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,388 a month
Grayson County: $1,830 a month
Without a mortgage
$577 a month
Grayson County: $646 a month
Owners with a mortgage
46%
Grayson County: 52%
In Denison, 46% of owners have a mortgage, and their typical cost is $1,388 a month, against $1,830 in Grayson County. Without one it drops to $577.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Denison+84%
Grayson County+81%
Texas+65%
United States+53%
Typical rent
Denison+62%
Grayson County+50%
Texas+34%
United States+33%
Typical household income
Denison+55%
Grayson County+32%
Texas+27%
United States+29%
Change since 2015–2019: Denison and its comparisons
Measure
Denison
Grayson County
Texas
United States
Typical home value
+84%
+81%
+65%
+53%
Typical rent
+62%
+50%
+34%
+33%
Typical household income
+55%
+32%
+27%
+29%
The typical home value in Denison rose 84% since 2015–2019, more than in Grayson County (81%).
The typical rent in Denison rose 62% over the same time; in Grayson County, it rose 50%.
Here income did not keep up with housing: it rose 55%, while home values changed +84% and rent +62%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Denison and its comparisons
Measure
Denison
Grayson County
Texas
United States
Rental vacancy
Unreliable estimate
3.3%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
2.5%
3.3%
4.8%
3.4%
People per household
2.43
2.55
2.69
2.53
Drive alone
76%
73%
71%
69%
Carpool
12%
12%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
10%
13%
14%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
10 to 19 minutes
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Much as in Grayson County, 2.5% of households in Denison have more than one person per room.
Much as in Grayson County, a household in Denison has 2.43 people on average.
The car rules in Denison: 76% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Denison?
A typical home is within reach of the typical income
We start with a typical home in Denison, worth $180,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Denison, which is $67,365 a year.
The calculator's FHA and conventional loan limits are those of all of Grayson County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Denison. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,332 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,558
at 7.18% · 30 years
Loan amount
$177,623
Total interest
$255,558
Paid off in
November 2056
Includes $3,055 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,572 a month
Your payment · 28%
Tight
$1,572 to $2,021 a month
Hard
more than $2,021 a month
Compared with the typical household income in Denison ($67,365 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,203
Property tax
$199
Home insurance
$75
FHA mortgage insurance (MIP)
$80
You need at least $6,332 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,558; principal and interest $1,203.
The city and its county
Denison and Grayson County
Denison is in Grayson County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Denison
Map of Grayson County, Texas, with Denison marked. Around it, the neighboring counties.
Denison
Grayson County
Other cities with a page
Denison's own numbers
Typical home value
$180,900
Typical monthly rent
$1,309
Typical yearly household income
$67,365
Households that own their home
59%
Effective property tax rate
1.32%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Grayson County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,395
Price change over 5 years (FHFA)
+57%
Homes in a high flood-risk zone
1.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Grayson County.
A typical home in Denison is worth $180,900: 27% below the county and 36% below Texas. With the typical household income in Denison ($67,365 a year), a typical home costs 2.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Denison2.7 years
Grayson3.4 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Grayson County
According to FHFA’s house price index, home prices in Grayson County rose 122% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Grayson County.
Yearly change in FHFA’s price index in Grayson County, 2016 to 2025
2016: +9.4% +9.4% 2016
2017: +8.9% +8.9% 2017
2018: +8.4% +8.4% 2018
2019: +5.4% +5.4% 2019
2020: +4.4% +4.4% 2020
2021: +14.6% +14.6% 2021
2022: +23.0% +23.0% 2022
2023: +6.6% +6.6% 2023
2024: +3.1% +3.1% 2024
2025: +1.1% +1.1% 2025
Change in FHFA’s price index in Grayson County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+1.1%
+0.8%
+2.9%
5 years (2020–2025)
+57%
+44%
+47%
10 years (2015–2025)
+122%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Denison next to Grayson County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Denison$180,900
Grayson$248,400
Texas$283,800
United States$332,700
Typical monthly rent
Denison$1,309
Grayson$1,310
Texas$1,403
United States$1,413
Typical yearly household income
Denison$67,365
Grayson$72,182
Texas$78,476
United States$80,734
See the full table
Denison next to Grayson County and Texas
Measure
Denison
Grayson County
Texas
U.S.
Typical home value
$180,900 ▼27% below the county
$248,400
$283,800
$332,700
Typical monthly rent
$1,309
$1,310
$1,403
$1,413
Typical yearly household income
$67,365 ▼7% below the county
$72,182
$78,476
$80,734
Households that own their home
59% ▼8 points below the county
67%
63%
65%
Typical yearly property tax
$2,396 ▼24% below the county
$3,146
$4,232
$3,119
Effective property tax rate
1.32% ▲0.05 points above the county
1.27%
1.49%
0.94%
Renters with high rent for their income
51% ▼1 points below the county
52%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Grayson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Denison
For a typical $180,900 home in Denison, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Denison's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,558a month
Least cash to close
Down payment
$6,332
Cash to close
$11,759
Rate
7.18%
Mortgage insurance
FHA MIP · $80
Conventional, 5% down$1,524a month
Down payment
$9,045
Cash to close
$14,472
Rate
7.18%
Mortgage insurance
PMI · $86
Conventional, 20% down, no PMI$1,255a month
Down payment
$36,180
Cash to close
$41,607
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,422a month
Down payment
$27,135
Cash to close
$32,562
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Denison
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,558
$6,332
$177,623
7.18%
FHA MIP · $80
$11,759
580
Conventional, 5% down
$1,524
$9,045
$171,855
7.18%
PMI · $86
$14,472
620*
Conventional, 20% down, no PMI
$1,255
$36,180
$144,720
7.18%
None
$41,607
620*
ITIN, 15% down (example)
$1,422
$27,135
$153,765
8.18%
None
$32,562
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Denison is $1,309 a month: about the same as the county. In Denison, 51% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Grayson County, by unit size. To pay the 2-bedroom one ($1,395 a month) without spending more than 30% of your income, you would need to earn $26.83 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Grayson County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,102
$21.19
$44,080
1 bedroom
$1,126
$21.65
$45,040
2 bedrooms
$1,395
$26.83
$55,800
3 bedrooms
$1,932
$37.15
$77,280
4 bedrooms
$2,148
$41.31
$85,920
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Denison
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Denison is in ZIP code 75020.
For 2 bedrooms it is $1,360: $35 less than the fair market rent for Grayson County ($1,395).
Fair market rent by ZIP code and size in Denison, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
75020
$1,070
$1,100
$1,360
$1,880
$2,090
ZIP code2 bd3 bd
75020 $1,360$1,880
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Denison when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 6 buildings with rents for lower incomes in Denison. These are the largest.
Eastwood Homes17 Tower Ln, Denison 75020200 low-income homes · Run by Housing Authority of Denison · Average payment: $409 a month · Average wait: 27 months(903) 465-2650
Parkdale Villas3909 W Fm 120, Denison 75020144 homes, 128 low-income
Manning Park Plaza205 Mauk Cir, Denison 75020125 low-income homes · For older adults(903) 463-1783
Heritage Park1816 N State Highway 91, Denison 75020100 low-income homes · In service since 2005
Lakeview Park1816 N State Highway 91, Denison 7502076 low-income homes · 1 bd: 16 · 2 bd: 34 · 3 bd: 26 · In service since 2007
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Grayson County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Denison or Grayson County. The ones below are statewide in Texas: they work in Denison the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for Denison or Grayson County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Denison and all of Grayson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Denison?
The typical home value in Denison is $180,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Grayson County it is $248,400.
How much does it cost to rent in Denison?
Typical rent in Denison is $1,309 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Grayson County is $1,395.
What is the FHA loan limit in Denison?
Denison uses the FHA limit for all of Grayson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Denison?
The typical homeowner in Denison pays $2,396 a year, according to the U.S. Census Bureau. That is 1.32% of the home’s value; in Grayson County, the rate is 1.27%.
Where can I find free help to buy or rent in Denison?
We found no HUD-approved counseling agencies with an office in Grayson County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
