Home Price Key
Affordable
Average
Expensive
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 $302,831, higher than the Texas average of $235,268.
The average cost of rent is $1,140/mo in Galveston, primarily driven by the current value of real estate in the Galveston area. While nearly 59.20% of residents own their homes outright in Galveston, 45.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Galveston is $4,763 per month. Households that rent pay about 23.93% of their income on rent here. Galveston's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Tiki Island, TX: higher priced homes
- Bayou Vista, TX: equally priced homes
- Texas City, TX: less expensive homes
- Jamaica Beach, TX: equally priced homes
- La Marque, TX: less expensive homes
- Hitchcock, TX: less expensive homes
- Santa Fe, TX: less expensive homes
- Hillcrest, TX: less expensive homes
- Liverpool, TX: less expensive homes
- Danbury, TX: less expensive homes
Cities with Similar Populations
- Texarkana, TX: less expensive homes
- Hoffman Estates, IL: less expensive homes
- Logan, UT: less expensive homes
- Minnetonka, MN: higher priced homes
- Morgan Hill, CA: higher priced homes
- New Iberia, LA: less expensive homes
- Olive Branch, MS: less expensive homes
- Plainfield, NJ: equally priced homes
- Port Arthur, TX: less expensive homes
- Asheboro, NC: less expensive homes
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