Property Prices in Houston, TX, United States

Index Info
Price to Income Ratio: 2.52
Mortgage as Percentage of Income: 22.38%
Loan Affordability Index: 4.47
Price to Rent Ratio - City Centre: 6.70
Price to Rent Ratio - Outside of Centre: 6.66
Gross Rental Yield (City Centre): 14.93%
Gross Rental Yield (Outside of Centre): 15.01%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,703.38 $ 1,350.00-2,300.00
1 Bedroom Apartment Outside of City Centre 1,328.88 $ 1,000.00-1,700.00
3 Bedroom Apartment in City Centre 3,212.06 $ 2,377.00-4,600.00
3 Bedroom Apartment Outside of City Centre 2,408.59 $ 1,800.00-3,050.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 236.28 $ 206.34-300.00
Price per Square Feet to Buy Apartment Outside of Centre 179.99 $ 168.15-240.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,443.02 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.40 6.00-7.50

These data are based on 220 entries from 40 contributors over the past 18 months.
Last update: 31 January 2026

Sources and References
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1 Comments so far
Louis on Apr 18, 2022:
The average income for Houston, TX is about $28 per hour. After subtracting 17.66% for taxes (Single person, W4 2020 or later), the monthly amount comes out to $3,820. This is almost 32% less than what this page is showing as the average income for Houston, TX on April 18, 2022 ($5,584.90)

The median income for Houston, TX is about $21 per hour. This comes out to $2,834 per month after subtracting the appropriate federal income tax rate of 15.62%. This is roughly 50% less than what this page is showing as the average income for Houston, TX on April 18, 2022 ($5,584.90)