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These days, finding an affordable place to live in the Denton area can be challenging. Home prices in Denton are now at a median cost of $297,243, lower than the Maryland average of $450,578.
The average cost of rent is $1,398/mo in Denton, primarily driven by the current value of real estate in the Denton area. In Denton, 37.88% of households rent, and 30.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Denton is $6,625 per month. Households that rent pay about 21.11% of their income on rent here. Denton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hobbs, MD: equally priced homes
- Williston, MD: higher priced homes
- Burrsville, MD: less expensive homes
- Ridgely, MD: higher priced homes
- Greensboro, MD: equally priced homes
- Templeville, MD: higher priced homes
- Lewistown, MD: higher priced homes
- Hillsboro, MD: higher priced homes
- Harmony, MD: higher priced homes
- Smithville, MD: higher priced homes
Cities with Similar Populations
- Princeton, IL: less expensive homes
- Narberth, PA: higher priced homes
- Nashville, GA: less expensive homes
- Nellis Afb, NV: less expensive homes
- New Hudson, MI: higher priced homes
- Penitas, TX: less expensive homes
- Perryton, TX: less expensive homes
- Piedmont, AL: less expensive homes
- Pollock Pines, CA: higher priced homes
- Pompton Plains, NJ: higher priced homes
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