Galveston skyline looking south toward the Gulf of Mexico

Living here

Cost of living in Galveston

Housing is close to the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$1,278/mo

5% below US

Median home value

$294,300

3% below US

Median household income

$57,216

27% below US

Rent as share of income

27%

US 21%

Home price to income

5.1×

US 3.9×

Sales tax

8.25%

Rent by number of bedrooms

Studio$1,233a month
1 bedroom$1,261a month
2 bedrooms$1,497a month
3 bedrooms$2,017a month
4 bedrooms$2,502a month

HUD 2027 fair market rents for Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

What renters actually pay in Galveston, by bedroom →

How Galveston compares

Median monthly rent
Median home value

Taxes

Compare with nearby cities

Life in Galveston

2102 Post Office Street - Galveston
2102 Post Office Street - GalvestonFarragutful · CC BY-SA 4.0
Galveston Fishing Pier, Galveston, TX July 2012
Galveston Fishing Pier, Galveston, TX July 2012Nicolas Henderson · CC BY 2.0
First Evangelical Lutheran Church, Galveston, Texas
First Evangelical Lutheran Church, Galveston, TexasJim Evans · CC BY-SA 3.0

Questions

Is Galveston expensive to live in?

Housing in Galveston is close to the national average: median rent is $1,278 (5% below US) and the median home value is $294,300 (3% below US).

How much is rent in Galveston?

The median gross rent is $1,278 a month. HUD’s 2027 fair market rents for the area are studio $1,233, 1 bedroom $1,261, 2 bedrooms $1,497, 3 bedrooms $2,017, 4 bedrooms $2,502.

How much of their income do renters spend in Galveston?

At the median, a year’s rent ($15,336) equals about 27% of the median household income ($57,216); nationally it’s about 21%.

What are taxes like in Galveston?

Sales tax is 8.25% and property taxes run about 1.18% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Texas Comptroller of Public Accounts - City Sales and Use Tax rates (city-rates.xlsx, updated Oct 6, 2026; cross-checked with EDI current rate file taxrates.txt, 2026 Q4).

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