Housing

The Katy area boasts idyllic neighborhoods, with spacious homes and high-quality schools. Diverse housing opportunities can be found throughout the area.  

Award-winning master-planned communities abound throughout the Katy area. Each community offers a unique neighborhood feel with a variety of amenities including recreation centers, biking/walking trails in close proximity to shopping and dining.  In 2017, Cinco Ranch, a Katy master-planned community, was named the second best suburban community in Texas by Niche.com.   
 

Some selected Katy area master-planned communities:

LIVABILITY for the KATY AREA:

  • Cinco Ranch is rated #4 in Texas and #31 in the U.S. 
  • Katy was Voted Top 10 - 
    • Best City
    • Medium-size City
    • Best City in Texas
    • Medium City - Education
  • Katy was Voted Top 100 -
    • Best City in U.S. - Education
    • Medium-size City - Education
  • Grades - 
    • Amenities - A+
    • Cost of Living - F
    • Crime - A
    • Employment - A
    • Housing - A-
    • Schools - A+

Median home price, existing single-family homes:

                                                                                                                     Percent Change
                                                              2017          2018          2019         2017-18       2018-19

Katy ISD                                            245,000      254,850     258,000          6.20%         6.60%
Cypress ISD                                      285,000      285,000     299,900               0%         8.50%

Source:  HAR

Median sales price:
                                                               2017          2018          2019                          

Katy                                                    245.000      250,000     253,000                                       
Cypress                                              266,103      279,090     293,484

Source:  HAR

Median apartment rents:

                                                               2017         2018            2019

Katy 1-bedroom                                      855             936               976
Katy 2-bedrooms                                 1,048          1,146            1.188
Katy 3-bedrooms                                 1,432          1,565            1,624

Cypress 1-bedroom                                855              936              771
Cypress 2-bedroom                             1,048           1,146              930
Cypress 3-bedroom                             1,432           1,565           1,268

Source: U.S. Dept of Housing & Urban Development, 50th Percentile Rent Estimates