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 theres a nearly constant influx of new residents to the area, theres 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.
You have a lot of great housing options in Denton. Whether you want to choose the maintenance-free living of an apartment complex or a rental house, you can find a choice that works best for you. If you want a house but arent ready to buy, Denton has a lot of rental houses to choose from. Renting to own can make your dream of home ownership come true if you face obstacles like poor credit or lack of a sizable down payment.
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.
Denton is home to several major employers. The largest are the universities: University of North Texas and Texas Womans 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.
Denton offers a great quality of life at a very affordable cost of living. When youre looking for the perfect place to settle down for a while in a rental house, take a look at this town that blends college town with cosmopolitan big city!
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