Sherman-Denison
Texas · Ranked #168 of 373 metros
79Affordable
💡
Housing in Sherman-Denison costs 4.08× the median income, below the national average of 4.5×. The median home price is $282K and median rent is $1,325/month. Sherman-Denison ranks #168 of 373 metros for affordability.
Median Home Price
🏠$282K
Need $83K income
Median Rent
🔑$1,325
Need $53K income
Building Permits
🔨2,142
annual
Median Income
💰$69K
Pop: 142,356
Rent Burden
⚠️24.6%
of renters paying >30%
Homeownership
🏡66.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Sherman-Denison | National |
|---|---|---|
| Price-to-Income Ratio | 4.08x | 6.1x |
| Rent Burden | 24.6% | 31.5% |
| Homeownership Rate | 66.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,088/mo
1 Bedroom$1,089/mo
2 Bedroom$1,351/mo
3 Bedroom$1,879/mo
4 Bedroom$2,157/mo
Zillow Market Data
Home Value (ZHVI)
$287K
1yr: -4.7%5yr: +27.7%
Rent (ZORI)
$1,424/mo
1yr: -1.8%5yr: +20.4%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$305K
Active Inventory
1,232
Days on Market
106
Sold Above List
8.9%
Price Drops
27.5%