Katy, TX Rental Market Trends

Highlights

The average rent for an apartment in Katy is $1,251, a 0% decrease compared to the previous year, when the average rent was $1,253.

Average Rent in Katy, TX

Last updated May 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,251 n/a 948 sq. ft.

The average size for a Katy, TX apartment is 948 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Katy, TX Apartment Rent Ranges

  • $701-$1,00021%
  • $1,001-$1,50063%
  • $1,501-$2,00014%
  • > $2,0002%

Katy, TX Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Katy, TX $1,216 $1,222 $1,228 $1,185 $1,183 $1,253 $1,254 $1,251 $1,251
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Katy, TX By Neighborhood

The most affordable neighborhoods in Katy are Katy Prairie Estates, where the average rent goes for $1,158/month, Williamsburg, where renters pay $1,158/mo on average, and Brenwood, where the average rent goes for $1,159/mo. If you’re looking for other great deals, check out the listings from Bridgewater ($1,159), Highland Creek ($1,159), and Morton Ranch ($1,159), where the asking prices are below the average Katy rent of $1,251/mo.

The most expensive neighborhoods in Katy are Morton Ranch ($1,159), Westfield ($1,159) and Katy City ($1,344).

Katy | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Brenwood is the same as in Bridgewater

$1,159

Brenwood rent is 7% lower than Katy average

Average Rent $1,159
$1,159

Bridgewater rent is 7% lower than Katy average

Average Rent $1,159

How Does Katy Compare to Nearby Cities

Average Rent Y-o-Y Change
Houston $1,092 2%
Spring $1,237 3%
Katy $1,251 n/a
Humble $1,060 4%
Cypress $1,238 6%
Atascocita $1,145 3%
Baytown City $903 2%
Kingwood $1,156 1%
Pasadena $877 4%
Tomball $1,163 3%
Webster $1,000 2%

For more information about the Katy rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Katy apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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