Galveston, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Galveston, Texas rental market.
Galveston, Texas
Average Apartment Rent
$1,385
Y-o-Y Change in Average
Apartment Rent
0.9%
As of May 2026
Compared to a year ago, Galveston, Texas apartments have recorded a 0.9% rent increase.
Galveston, Texas Average apartment rent trend
Galveston, Texas Average Apartment Rent
Galveston, Texas Apartment rent ranges
At 49.85%, apartments priced $1,000 - $1,500 represent the bulk of Galveston, Texas rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.09%.
Galveston, Texas Housing tenure**
Renters take up 54% of Galveston, Texas real estate, occupying a total of 12,744 units, while homeowners live in 11,004 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$37,995
Average household size of renter-occupied housing units**
1.97
Rental vacancy rate**
14%
Galveston, Texas Renter-occupied housing units by no. of bedrooms**
There are 5,521 rentals in Galveston, Texas with 2 beds making up the highest share of the market, at 43%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 438 units. Overall, the median number of rooms in Galveston, Texas homes for rent is 4.
Galveston, Texas Renter-occupied units by age of householder**
Most condos for rent in Galveston, Texas are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (15%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Galveston, Texas Renter-occupied housing units by family type**
Galveston, Texas Renter-occupied housing units by the presence of own children**
A total of 5,364 apartments for rent in Galveston, Texas, or 42% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 2,719 units. All in all, the median size of a renter-occupied household in Galveston, Texas is 1.97.
Galveston, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Galveston, Texas.
Galveston, Texas Renter-occupied units by year structure built**
The highest share of Galveston, Texas apartment rentals, namely 21% or 2,683 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (17%, 2,193 units), and the ones Built 1939 or earlier (16%, 2,039 units).
Galveston, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Galveston, Texas renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Galveston, Texas condos for rent is 2018.
Galveston, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Galveston, Texas renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 18% have No vehicle available.
Galveston, Texas Means of transportation to work of householders living in renter-occupied housing units**
Galveston, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
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, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
