salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 12.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $31,200 a year. That is $15 an hour at a full-time job.
Is rent cheaper than other Iowa cities?
Yes. Rent here is cheaper than in most of Iowa. It is number 4 of 86 cities from cheapest to most expensive.
How much do households earn in Denison?
Share of households by yearly income. 23.6% of households earn $100,000 or more.
Rent by apartment size in Denison
| Size | Denison | U.S. average |
|---|---|---|
| 1 bedroom | $679 | $1,324 |
| 2 bedrooms | $828 | $1,509 |
| 3 bedrooms | $1,052 | $1,698 |
| 4 bedrooms | $572 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Denison overall?
Everyday prices in Iowa overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Denison, so the Iowa figure is shown.
Taxes and bills in Denison
Life in Denison
Is it cheaper to rent or buy in Denison?
Renting is cheaper right now: about $262 a month less.
Owning assumes a typical $150,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,020 for the down payment.
Frequently asked questions
What is the average rent in Denison, IA?
Renting in Denison costs a median of about $780 a month in 2026, including utilities. The Iowa median is $1,071.
How much do I need to make to live in Denison?
To keep rent under 30% of income, you need about $31,200 a year, or $15 an hour at a full-time job.
Is Denison cheap or expensive?
Denison is rated Cheap: rent takes 13.2% of the typical household income of $70,840. It ranks 4th cheapest of 86 Iowa cities we track.
How much are property taxes in Denison?
The median homeowner in Denison pays $2,527 a year in property taxes, about 1.68% of the median home value.
Is Denison more expensive than the national average?
Overall prices in Iowa are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Denison?
The median home value in Denison is $150,200, about 2.1 times the typical yearly household income.
8,260 people live in Denison. Numbers are typical (middle) values.