salaryRent is higher than in 52% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are long, about 31.3 minutes each way. Most homes (80.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $67,440 a year. That is $32 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 265 of 426 cities from cheapest to most expensive.
How much do households earn in Katy?
Share of households by yearly income. 47.3% of households earn $100,000 or more.
Rent by apartment size in Katy
| Size | Katy | U.S. average |
|---|---|---|
| 1 bedroom | $3,500+ | $1,324 |
| 2 bedrooms | $1,406 | $1,509 |
| 3 bedrooms | $1,917 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Katy overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Katy, so the Texas figure is shown.
Taxes and bills in Katy
Life in Katy
Is it cheaper to rent or buy in Katy?
Renting is cheaper right now: about $1,101 a month less.
Owning assumes a typical $401,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,170 for the down payment.
Frequently asked questions
What is the average rent in Katy, TX?
Renting in Katy costs a median of about $1,686 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Katy?
To keep rent under 30% of income, you need about $67,440 a year, or $32 an hour at a full-time job.
Is Katy cheap or expensive?
Katy is rated Cheap: rent takes 16.3% of the typical household income of $123,933. It ranks 265th cheapest of 426 Texas cities we track.
How much are property taxes in Katy?
The median homeowner in Katy pays $7,207 a year in property taxes, about 1.79% of the median home value.
Is Katy more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Katy?
The median home value in Katy is $401,700, about 3.2 times the typical yearly household income.
25,184 people live in Katy. Numbers are typical (middle) values.