
Home Price Key
These days, finding an affordable place to live in the Galveston area can be challenging. Home prices in Galveston are now at a median cost of $44,700, lower than the Kentucky average of $164,895.
The average cost of rent is $840/mo in Galveston, primarily driven by the current value of real estate in the Galveston area. While nearly 67.48% of residents own their homes outright in Galveston, 6.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Galveston is $3,205 per month. Households that rent pay about 26.21% of their income on rent here. Galveston's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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