The Most Affordable Neighborhoods in West Memorial, Katy, TX by Home Value

 

West Memorial, Katy, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West Memorial area can be challenging. Home prices in West Memorial are now at a median cost of $252,846, lower than the Katy average of $367,388.

The average cost of rent is $2,002/mo in West Memorial, primarily driven by the current value of real estate in the West Memorial area. In West Memorial, 19.47% of households rent, and 33.89% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in West Memorial is $7,488 per month. Households that rent pay about 26.73% of their income on rent here. West Memorial’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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