Property Prices in Houston, TX, United States

Index Info
Price to Income Ratio: 2.75
Mortgage as Percentage of Income: 24.82%
Loan Affordability Index: 4.03
Price to Rent Ratio - City Centre: 7.92
Price to Rent Ratio - Outside of Centre: 7.26
Gross Rental Yield (City Centre): 12.63%
Gross Rental Yield (Outside of Centre): 13.78%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,614.62 $ 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,200.30 $ 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,178.95 $ 2,400.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,254.82 $ 1,750.00-3,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 270.00 $ 210.05-305.00
Price per Square Feet to Buy Apartment Outside of Centre 180.01 $ 170.00-231.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,408.03 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 6.00-7.00

These data are based on 264 entries in the past 18 months from 48 different contributors.
Last update: December 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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)