Rent to own Homes in Denton, TX
Denton, Texas, was named after its founder, John B. Denton, and there is a marker bearing his name at the corner of Locust and West Hickory streets. For over 100 years, Denton was once just a college town, home to both the University of North Texas and Texas Woman's University. Texas Woman's University has the largest doctoral nursing program in the world. As part of the rapidly growing 12-county region called the Metroplex that includes both Dallas and Fort Worth, today Denton is a busy city in its own right. However, it still has many of the best aspects of its college town status, including a great live music scene. Denton is about 40 miles north of both Dallas and Fort Worth. Its central location between both cities is helpful when household members work in either city but want to live outside them. For example, if one spouse works in Fort Worth and the other works in Dallas, Denton can be a good compromise. In addition, there's so much to do and see in the Dallas/Fort Worth region that being right in the middle will make you perfectly positioned to take advantage of it all. If you're looking for a house to buy or a rent to own home, Denton is a great place to consider.
Denton, TX is a great place for affordable rent-to-own homes! With a median household income of over $62,542 and a median rent of $1,121, the Denton, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Denton, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Denton, TX Property Resources
Rent to own Homes in Cities Near Denton, TX
- Addison
- Carrollton
- Colleyville
- Coppell
- Corinth
- Corral City
- Cross Roads
- Dallas
- Denton
- DISH
- Draper
- Era
- Euless
- Farmers Branch
- Fort Worth
- Grapevine
- Gunter
- Hackberry
- Haslet
- Hebron
- Hickory Creek
- Irving
- Justin
- Keller
- Krugerville
- Krum
- Lake Kiowa
- Lakewood Village
- Lewisville
- Little Elm
- New Fairview
- Northlake
- North Richland Hills
- Oak Point
- Paloma Creek
- Pilot Point
- Ponder
- Prosper
- Providence
- Providence Village
- Rhome
- Road Runner
- Roanoke
- Sanger
- The Colony
- Tioga
- Trophy Club
- Valley View
- Watauga
- Westlake
Neighborhoods in Denton, TX
No neighborhoods foundBuying a Home in Denton, TX
Denton, TX is seeing rapid growth and Denton, TX's' housing market remains not optimal with an average home price that is 9% above the 2024 national average. Denton, TX is part of Denton county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Denton is 2.14% which is above the national average, which is 0.99%.
Median Home Price in Denton, TX
Median Rent in Denton, TX
Top Reasons to Live in Denton TX
Denton Housing Like the rest of the Dallas and Fort Worth area, Denton is very affordable. The ratio between the cost of housing compared to the wages and job market is very favorable, meaning that you can get a great house for a relatively little amount of money and your budget won't be stretched too far. The median home price in Denton is $124,500. Because the area is growing so rapidly and there's a nearly constant influx of new residents to the area, there's a lot of turnover in housing stock. More homes in Denton are rented than owned, with 49.42 percent owned. There are quite a few vacant houses and apartments, though at 7.72 percent vacant, the rate is lower than the national average.
Weather and Climate North Texas has gorgeous weather as well, with temperatures rarely dropping below 40 degrees in the dead of winter and regularly staying above 100 degrees in the summer. Lake Lewisville is just a few miles south and offers a fantastic place to enjoy the great outdoors, whether on a boat or jet ski or on one of the many miles of walking trails.
Tourist Attractions Although Denton is so close to Dallas and Fort Worth that you can explore all of the attractions that those cities have to offer, Denton itself has plenty of fun things to see, too. Denton hosts the North Texas State Fair and Rodeo, which has occurred every year since 1928 and recently saw record attendance. The fair celebrates all aspects of cowboy culture. Texas is also a great place to see live music, thanks to the scene that has built up around the universities. Denton has created its own version of Austin's famed South by Southwest music festival, with the North by 35 festival. Denton also has events including Fiesta on the Square, the Thin Line Documentary Film Fest and the Redbud Festival.
Local Shopping Denton has a huge selection of shopping options -- from Texas souvenir stores to regular chain clothing and grocery outfitters. In the historic downtown square, you can find memento shops and stores that sell art and goods made by local artisans. If you travel out to the Golden Triangle shopping area, including the Golden Triangle Mall, you can buy clothing at all of the best international chain clothing stores. Rayzor Ranch is another great area in town to pick up all of the groceries and housewares you need. Circa 77 is a fun vintage shop, and stores like Recycled Books and More Fun Comics are great alternatives for those who want more options than the mall.
Largest Employers and Industries Denton is home to several major employers. The largest are the universities: University of North Texas and Texas Woman's University. Denton also has numerous high quality medical facilities that employ large numbers of local people, including the Denton Regional Medical Center and the Texas Health Presbyterian Hospital. The Denton County government and Denton Independent School District are also among the largest employers, as are Peterbilt Motors and the national headquarters of Sally Beauty Supply.