Property Prices in Houston, TX, United States

Index Info
Price to Income Ratio: 2.25
Mortgage as Percentage of Income: 15.79%
Loan Affordability Index: 6.33
Price to Rent Ratio - City Centre: 9.04
Price to Rent Ratio - Outside of Centre: 6.31
Gross Rental Yield (City Centre): 11.06%
Gross Rental Yield (Outside of Centre): 15.85%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,395.85 $ 1,200.00-1,600.00
Apartment (1 bedroom) Outside of Centre 960.81 $ 834.70-1,200.00
Apartment (3 bedrooms) in City Centre 2,466.95 $ 2,000.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 1,645.51 $ 1,412.90-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 253.81 $ 180.00-386.03
Price per Square Feet to Buy Apartment Outside of Centre 120.15 $ 95.00-175.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,468.39 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.59 2.50-5.00

These data are based on 309 entries in the past 18 months from 44 different contributors.
Last update: March 2021

Sources and References
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