Katy, TX Rental Market Trends
What is the average rent in Katy?
The average rent for an apartment in Katy is $1,305, a 4% increase compared to the previous year, when the average rent was $1,256. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Houston, TX.
Average Rent in Katy, TX
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,305 | 4% | 955 sq. ft. |
What is the average apartment size in Katy?
The average size for a Katy, TX apartment is 955 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-$1,00012%
- $1,001-$1,50064%
- $1,501-$2,00021%
- > $2,0003%
Katy, TX Occupied Housing Units
- Renter-occupied Households18%
- Owner-occupied Households81%
1,244 or 18% of the households in Katy, TX are renter-occupied while 5,407 or 81% are owner-occupied.
Katy, TX Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Katy, TX | $1,254 | $1,251 | $1,251 | $1,239 | $1,265 | $1,277 | $1,256 | $1,260 | $1,274 | $1,305 |
| National | $1,313 | $1,344 | $1,353 | $1,358 | $1,390 | $1,397 | $1,399 | $1,390 | $1,393 | $1,407 |
Average Rent in Katy, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Katy City | $1,394 |
| Katy Prairie Estates | $1,222 |
| Williamsburg | $1,222 |
| Brenwood | $1,212 |
| Bridgewater | $1,212 |
| Highland Creek | $1,212 |
| Morton Ranch | $1,212 |
| Westfield | $1,212 |
What are the most affordable neighborhoods in Katy?
The most affordable neighborhoods in Katy are Brenwood, where the average rent goes for $1,212/month, Bridgewater, where renters pay $1,212/mo on average, and Highland Creek, where the average rent goes for $1,212/mo. If you’re looking for other great deals, check out the listings from Morton Ranch ($1,212), Westfield ($1,212), and Katy Prairie Estates ($1,222), where the asking prices are below the average Katy rent of $1,305/mo.
What are the most expensive neighborhoods in Katy?
The most expensive neighborhoods in Katy are Katy Prairie Estates ($1,222), Williamsburg ($1,222) and Katy City ($1,394).
What are the most popular neighborhoods in Katy?
The most popular neighborhood in Katy is Highland Creek, where there are 4 verified RENTCafé listings with an average rent of $1,212. Next up is Williamsburg, where apartments go for $1,222/month, followed by Brenwood with $1,212 If you’re looking to rent in Katy’s most popular neighborhoods, make sure to also check out Bridgewater, where renters pay $1,212 on average, and Katy City, where the average monthly rent is $1,394.
Katy | Rent Comparison by Neighborhood
Rent in Brenwood is the same as in Bridgewater
Brenwood rent is 7% lower than Katy average
| Average Rent | $1,212 |
|---|
Bridgewater rent is 7% lower than Katy average
| Average Rent | $1,212 |
|---|
How Katy Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Houston | $1,127 | 1% |
| Dallas | $1,270 | 2% |
| Austin | $1,417 | n/a |
| San Antonio | $1,071 | 2% |
| Fort Worth | $1,196 | 5% |
| Humble | $1,111 | 2% |
| Atascocita | $1,180 | 1% |
| Spring | $1,271 | 1% |
| Conroe | $1,137 | n/a |
| Pasadena | $910 | 2% |
| Katy | $1,305 | 4% |