Galveston, TX average rental price, July 2023
The average monthly rent of apartments in Galveston, TX is $1,350.
Galveston, TX apartment rent ranges
About 24% of apartment rents in Galveston, TX range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 5% of apartments. Around 49% of Galveston’s apartments are in the $1,001-$1,500 price range. 21% of apartments are priced between $701-$1,000.
What type of rental buildings are in Galveston, TX?
In Galveston 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 14% of Galveston’s apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 26% are single-family rentals.
What do typical apartment communities look like in Galveston, TX?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Galveston are about 40 years old, on average. Of these, 18% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 98% of the rental communities here are low-rise, garden-style communities, none are mid-rises, and 2% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Galveston, TX?
Studio apartments in Galveston are around 0.9% of rentals, while 1-bedroom floor plans represent 47% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Renter's guide to Galveston, TX
Galveston is a coastal city that's situated in the southwestern United States. Also located in the northwestern Gulf of Mexico, it's actually on an island sitting conveniently close to the mainland. More importantly, it's a pleasant community that's filled with history and is widely considered one of the top places to live in Texas!
It is also a good-sized city that covers approximately 209 sq. miles, making it the 2nd biggest municipality throughout Galveston County. However, roughly 168 sq. miles of that is actually water. Some of the city/suburbs located just inland are Hitchcock and Texas City. Furthermore, Houston is approximately 45 miles northwest of here.
The tropical weather in Galveston is typical for the Gulf region. While summers are long, hot, and rather humid with temps hovering near 90°, winters are short and mild with temperatures averaging around 60°. Overall, the average annual daily temp is a comfortable 76°. Yet it can be a bit wet at times, with the annual rainfall here being more than usual for the U.S.
Tips for renting in Galveston, TX
When considering renting in Galveston, it's smart to start by visiting the city to see the community. That way you can get to know the area and perhaps even select which section you'd like to be living in. There are over 5,500 guest rooms on the island, so nightly accommodation is easily available at almost anytime. Spending a few days here will also allow a firsthand look at potential rentals in Galveston.
Lastly, it's a good idea to learn about landlord/tenant laws before renting in Texas or any other U.S. location since laws can sometimes vary from state-to-state; therefore, it's highly recommended to closely review the current rules/regulations prior to entering into a lease agreement. When you clearly understand your rights as a renter, you'll be better prepared to proceed and succeed with finding a rental in Galveston!
Living in Galveston, TX
Living in Galveston offers a different kind of lifestyle. Since this is a coastal resort town where many people visit for vacation every year, the environment can be both exciting and relaxing. This is also an accommodating city for walking and biking, so it's ideal for people who like spending time outdoors.
If there are any cons to living in Galveston, one may be the weather, which might not be suitable for everybody. In addition to being located in a region that can experience tropical storms, the high heat and humidity might not agree with people who have certain health conditions. Another possible setback could be the commute for residents who work in other cities such as Houston, which is a 30-minute drive.
Things to do in Galveston, TX
There are many things to do in Galveston, not only in the city but also all across the island. Here, everyday activities such as dining and shopping can be a unique and cultural experience. The Downtown Strand Seaport District is lined with Victorian style storefronts featuring various shops, eateries, art galleries, and more... Also, Galveston’s popular Pier 21 is just a quick walk away where they have tours, boat rentals, and other entertainment.
There are also several sites to see including 6 historic districts that feature one of the largest collections of historically significant 19th-century buildings in the country. In fact, there are at least 60 structures that are listed on the National Registry of Historic Places. Other places of interest include Galveston Island Historic Pleasure Pier and Moody Gardens. Plus, with 32 miles of beachfront, there is plenty more to explore.
Galveston, TX employment & economy
Because this is a big city that's located on the coast, there are a variety of businesses and job opportunities in Galveston. Although a large part of the economy in Galveston is centered on health care, tourism shipping, and financial industries, there are plenty of other options for employment in Galveston, both in the city and elsewhere on the island. Furthermore, the mainland may provide additional opportunities.
Some of the biggest employers located here include the University of Texas Medical Branch, Landry's Inc., and the American National Insurance Company (ANICO). Plus, Galveston County and the public school district employ a good number of residents. Among the highest paying jobs in Galveston are Architecture, Engineering, Legal, Computer, and Science Occupations.
Education in Galveston, TX
There is a good selection of public schools in Galveston that presently educate over 7,000 students. More precisely, the Galveston Independent School District currently contains 14 facilities including 7 elementary, 5 middle, and 2 high school programs. In addition, O'Connell College Preparatory School and Upward Hope Academy are simply a few of the several private schools in Galveston.
You'll also find a number of options for adult education in Galveston. One of the main schools on the island is Galveston College, which is known for its partnerships with various businesses and organizations. Another is the University of Texas Medical Branch campus, which also provides an economic boost for the city. Furthermore, College of the Mainland or COM is located close by in Texas City and other higher education institutions can be found throughout the area.
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