Katy, TX Rental Market Trends
Highlights
The average rent for an apartment in Katy is $1,256, a 1% increase compared to the previous year, when the average rent was $1,239.
Average Rent in Katy, TX
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,256 | 1% | 960 sq. ft. |
The average size for a Katy, TX apartment is 960 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,00019%
- $1,001-$1,50064%
- $1,501-$2,00015%
- > $2,0002%
Katy, TX Occupied Housing Units
- Renter-occupied Households22%
- Owner-occupied Households77%
1,358 or 22% of the households in Katy, TX are renter-occupied while 4,642 or 77% are owner-occupied.
Katy, TX Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Katy, TX | $1,185 | $1,183 | $1,253 | $1,254 | $1,251 | $1,251 | $1,239 | $1,265 | $1,277 | $1,256 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Katy, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Westfield | $1,150 |
| Morton Ranch | $1,150 |
| Highland Creek | $1,150 |
| Bridgewater | $1,150 |
| Brenwood | $1,150 |
| Williamsburg | $1,183 |
| Katy Prairie Estates | $1,183 |
| Katy City | $1,337 |
The most affordable neighborhoods in Katy are Brenwood, where the average rent goes for $1,150/month, Bridgewater, where renters pay $1,150/mo on average, and Highland Creek, where the average rent goes for $1,150/mo. If you’re looking for other great deals, check out the listings from Morton Ranch ($1,150), Westfield ($1,150), and Katy Prairie Estates ($1,183), where the asking prices are below the average Katy rent of $1,256/mo.
The most expensive neighborhoods in Katy are Katy Prairie Estates ($1,183), Williamsburg ($1,183) and Katy City ($1,337).
The most popular neighborhood in Katy is Highland Creek, where there are 7 verified RENTCafé listings with an average rent of $1,150. Next up is Morton Ranch, where apartments go for $1,150/month, followed by Brenwood with $1,150 If you’re looking to rent in Katy’s most popular neighborhoods, make sure to also check out Bridgewater, where renters pay $1,150 on average, and Katy City, where the average monthly rent is $1,337.
Katy | Rent Comparison by Neighborhood
Rent in Brenwood is the same as in Bridgewater
Brenwood rent is 8% lower than Katy average
| Average Rent | $1,150 |
|---|
Bridgewater rent is 8% lower than Katy average
| Average Rent | $1,150 |
|---|
How Katy Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Houston | $1,118 | 2% |
| Dallas | $1,250 | 4% |
| Austin | $1,439 | 5% |
| San Antonio | $1,049 | 3% |
| Fort Worth | $1,128 | 3% |
| Katy | $1,256 | 1% |
| Cypress | $1,254 | 2% |
| Pasadena | $887 | 2% |
| League City | $1,172 | 1% |
| Missouri City | $1,257 | n/a |
| Pearland | $1,342 | 4% |
For more information about the Katy rental trends, check out our monthly rent report
Check out Texas Cities, Texas Neighborhoods and Texas Zip Codes for more details on verified listings, including the Texas Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!