Property Prices in Houston, TX, United States

Index Info
Price to Income Ratio: 2.26
Mortgage as Percentage of Income: 15.60%
Loan Affordability Index: 6.41
Price to Rent Ratio - City Centre: 9.42
Price to Rent Ratio - Outside of Centre: 6.55
Gross Rental Yield (City Centre): 10.62%
Gross Rental Yield (Outside of Centre): 15.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,399.44 $ 1,200.00-1,600.00
Apartment (1 bedroom) Outside of Centre 982.99 $ 834.70-1,275.00
Apartment (3 bedrooms) in City Centre 2,488.78 $ 2,000.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 1,688.40 $ 1,400.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 265.73 $ 182.15-386.03
Price per Square Feet to Buy Apartment Outside of Centre 127.80 $ 100.00-200.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,682.44 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 2.50-4.35

These data are based on 323 entries in the past 18 months from 52 different contributors.
Last update: June 2021

Sources and References
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