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Studio Apartment for Rent in Denison, TX

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    $2,500 Per Month

    • Studio
    • 1 Bath
    • 3,980 Sq Ft
    • Condo for Rent

    2531 W Morton St Unit 1, Denison, TX 75020

    Prime commercial property available for lease right in the heart of Denison on Morton Street! With an impressive 17,933 cars passing by daily, this location offers unbeatable visibility for your business. The brand-new grand façade will make an immediate impression and help draw in customers, while the flexible design means we can build to suit your specific needs.This suite includes a

    2531 W Morton St Unit 1, Denison, TX 75020

Why Live in Denison

Denison sits at the forefront of North Texas growth, offering small-town charm with big-city opportunity. Located along U.S. Highway 75 on the northern edge of the Dallas–Fort Worth Metroplex, Denison is attracting homebuyers and job seekers drawn to its affordability, lifestyle and strong economic momentum. The local economy blends long-standing strengths in manufacturing and healthcare -- anchored by Texoma Medical Center -- with major future growth tied to the $60 billion Texas Instruments semiconductor plant under development in nearby Sherman. That project is expected to bring thousands of high-paying jobs and fuel continued population growth. Housing options in Denison are impressively diverse. Buyers can find everything from historic Victorians, Craftsman bungalows and cozy cottages to midcentury ranch homes, acreage properties and new construction in planned communities. Home prices typically range from under $100,000 to more than $1 million, with a median around $250,000. New development is booming, including the massive Preston Harbor project on Lake Texoma. Outdoor recreation is a major draw, with easy access to Lake Texoma and a variety of city parks. Award-winning Historic Downtown Denison offers a walkable setting filled with more than 200 local businesses for shopping dining, and year-round events. The city is served by the highly rated Denison Independent School District. U.S. Highway 75 runs through Denison and offers direct access to larger cities such as McKinney and Dallas.

Frequently Asked Questions

How much does it cost to rent a home in Denison, TX?
The median rent for a home in Denison, TX is $1,500 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Denison, TX?
To comfortably afford the median rent in Denison, TX, a household needs to earn roughly $60,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,500 per month in Denison, TX, renters typically need to show $4,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Denison, TX?
In Denison, TX, the price-to-rent ratio is 13.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,500
Median Single Family Home Rent
$1,500
Median Townhouse Rent
$1,113
Median Condo Rent
$1,225
How to Rent a Home