Galveston, TX Rental Market Trends
Highlights
The average rent for an apartment in Galveston is $1,088, a 8% increase compared to the previous year, when the average rent was $1,011.
Average Rent in Galveston, TX
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,088 | 8% | 833 sq. ft. |
The average size for a Galveston, TX apartment is 833 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Galveston, TX Apartment Rent Ranges
- $501-$7002%
- $701-$1,00043%
- $1,001-$1,50048%
- $1,501-$2,0007%
Galveston, TX Occupied Housing Units
- Renter-occupied Households47%
- Owner-occupied Households52%
9,885 or 47% of the households in Galveston, TX are renter-occupied while 10,779 or 52% are owner-occupied.
Galveston, TX Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Galveston, TX | $985 | $1,014 | $992 | $1,012 | $1,013 | $1,011 | $1,011 | $1,067 | $1,077 | $1,088 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Galveston Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| League City | $1,181 | 1% |
| Galveston | $1,088 | 8% |
| Texas City | $898 | 1% |
| Dickinson | $1,018 | 26% |
| Friendswood | $1,175 | 8% |
| Dickinson City | $1,018 | 26% |
| Hitchcock | $884 | 1% |
| Hitchcock City | $884 | 1% |
| La Marque | $810 | 4% |
| Santa Fe | $908 | n/a |
For more information about the Galveston rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Galveston apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.