Average Rent in 77550, Galveston, TX

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Current Versus Historical 77550, Galveston, TX Rents

77550 rentals average $788 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $1,500, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $59 (7.10%) year-over-year from $833 to $893. 1-bedroom rentals prices have increased by $114 (11.52%) year-over-year from $986 to $1,100. 2-bedroom rentals prices have increased by $275 (20.79%) year-over-year from $1,325 to $1,600. 3-bedroom rentals prices have increased by $708 (54.80%) year-over-year from $1,292 to $2,000. 4-bedroom rentals prices have increased by $700 (28.00%) year-over-year from $2,500 to $3,200. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 25.42% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 2.18% this month. 3-bedroom rents have gone up by 3.94% this month. 4-bedroom rents have gone down by 8.13% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.74 $893 $833 (7.10%) $864 (3.29%)
1 BR $1.64 $1,100 $986 (11.52%) $1,194 (-7.89%)
2 BR $1.58 $1,600 $1,325 (20.79%) $1,533 (4.40%)
3 BR $1.56 $2,000 $1,292 (54.80%) $1,474 (35.67%)
4+ BR $1.76 $3,200 $2,500 (28.00%) $1,950 (64.10%)

Historical Rents in 77550, Galveston, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 77550

There are a total of 7 cities nearby 77550. The average rent in 77550 is currently $1,924 per month. Only one city nearby has an average rent lower than that. Our records show that Pasadena, TX, with an average rent of $1,372, is the most affordable city nearby. In contrast, the most expensive city near 77550, Galveston, TX is Pearland, TX. Monthly rents here are on average $2,300 per month.

Let's compare 77550, Galveston, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 77550, Galveston, TX is 1.78% more affordable than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in 77550, Galveston, TX are about 5.63% more expensive. Finally, rent for three bedrooms are about 8.22% more expensive. Want more information? Check out the top 7 cities near 77550, Galveston, TX in the following chart.
City Studio 1 Bed 2 Bed All
Pasadena, TX $1,700 $925 $1,293 $1,372
Texas City, TX $1,050 $900 $1,221 $1,545
Galveston, TX $898 $1,100 $1,575 $1,550
League City, TX N/A $1,197 $1,510 $1,924
Lake Jackson, TX $802 $889 $1,077 $1,935
Missouri City, TX N/A $1,264 $1,604 $2,276
Pearland, TX N/A $1,217 $1,690 $2,300

Top Neighborhoods Near 77550

There are a total of 21 neighborhoods in or near 77550. Some of these neighborhoods include Sharpstown, Westchase, and Clear Lake. We've included all of these top 21 neighborhoods in or near 77550, Galveston, TX in the following chart.

The average rent for these 21 neighborhoods in or near 77550, Galveston, TX is currently around $1,600 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $1,600. Interestingly, the neighborhoods' average rent is higher than 77550's average rent, which is only $1,500. Out of all the neighborhoods in or near 77550, Sharpstown has the most affordable average rent at $1,300 per month. Whereas, at $2,600 average rent per month, The Museum District is the most expensive neighborhood in or near 77550. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Sharpstown, Houston, TX $671 $958 $1,300 $1,300
Westchase, Houston, TX $846 $1,083 $1,400 $1,307
Clear Lake, Houston, TX N/A $1,038 $1,375 $1,350
South Main, Houston, TX $986 $1,074 $1,339 $1,395
Astrodome, Houston, TX N/A $1,000 $1,575 $1,400
Greater Fondren Southwest, Houston, TX N/A $883 $1,250 $1,400
Greater Eastwood, Houston, TX $780 $963 $1,750 $1,450
East End Historic District, Galveston, TX $788 $1,100 $1,650 $1,475
Woodlake - Briar Meadow, Houston, TX $787 $1,129 $1,600 $1,550
Braeswood Place, Houston, TX $1,078 $1,358 $1,999 $1,589
MacGregor, Houston, TX N/A $1,070 $1,425 $1,600
Alief, Houston, TX N/A $890 $1,297 $1,650
OST - South Union, Houston, TX $795 $950 $1,300 $1,698
Greenway - Upper Kirby, Houston, TX $1,351 $1,361 $2,000 $1,700
Southbelt - Ellington, Houston, TX $5,350 $871 $1,176 $1,725
Sunnyside, Houston, TX N/A $848 $1,550 $1,800
Central Southwest, Houston, TX N/A $1,251 $1,400 $1,950
University Place, Houston, TX $1,150 $1,434 $2,048 $2,000
South Acres - Crestmont Park, Houston, TX N/A $1,380 $850 $2,100
Greater Third Ward, Houston, TX $725 $1,048 $1,300 $2,180
The Museum District, Houston, TX $1,208 $1,869 $2,211 $2,600

Top Counties Near 77550

There are a total of 21 counties located by 77550, Galveston, TX. Some of these counties include Pasadena, TX, La Marque-Hitchcock, Hitchcock, TX, and Brazosport, TX. The average rent for rentals in these counties is $1,550. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Pasadena, TX. It's average rent per month is $1,269. Vice versa, with an average rent of $2,298, Stafford-Missouri City, TX is the most expensive county by 77550, Galveston, TX.

Typically, rent for studios in 77550, Galveston, TX is 10.35% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 77550, Galveston, TX is 11.64% more expensive than other counties nearby. Finally, rent for two bedrooms in 77550, Galveston, TX is 20.34% more expensive than other counties nearby. We've listed the top 9 counties in the chart below.
County Studio 1 Bed 2 Bed All
Pasadena, TX $1,700 $900 $1,177 $1,269
La Marque-Hitchcock, Hitchcock, TX N/A N/A $1,100 $1,400
Brazosport, TX $869 $817 $1,159 $1,400
Southeast Harris, TX $870 $972 $1,275 $1,502
Galveston, TX $898 $1,100 $1,575 $1,550
Texas City-League City, TX $600 $1,140 $1,494 $1,750
Alvin-Pearland, TX $750 $985 $1,430 $2,068
Angleton, TX $850 $871 $1,202 $2,295
Stafford-Missouri City, TX $1,483 $1,348 $1,485 $2,298

Top Zipcodes Near 77550

There are a total of 23 zipcodes in or near 77550, Galveston, TX. The average rent for all of these zipcodes is $1,750. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77511, Alvin-Pearland, TX at $1,063 per month. In comparison, the zipcode with the most expensive average rent of $2,600 per month is 77096, Houston, TX.

Studios in these zipcodes have an average rent of $725. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 77550, Galveston, TX is $1,000 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,475 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in 77550, Galveston, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77006, Houston, TX $1,181 $1,443 $2,370 $1,644
77098, Houston, TX $1,254 $1,415 $2,048 $1,980
77004, Houston, TX $1,087 $1,256 $1,550 $1,950
77054, Houston, TX $1,076 $1,000 $1,475 $1,363
77058, Houston, TX N/A $1,247 $1,473 $1,417
77030, Houston, TX $1,150 $1,454 $1,950 $1,779
77025, Houston, TX $1,367 $1,324 $1,988 $1,704
77573, League City, TX N/A $1,204 $1,515 $1,823
77584, Pearland, TX N/A $1,348 $1,732 $2,300
77036, Houston, TX $671 $950 $1,300 $1,200

Frequently Asked Questions - 77550 Average Rents

What is the average rent price in 77550, Galveston, TX?
The average monthly rental price for 77550, Galveston, TX apartments for rent is approximately $1,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 77550, Galveston, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 77550, Galveston, TX.
How much is a studio apartment in 77550, Galveston, TX?
The average monthly rental price for studio apartments is $788 and an average price per square feet of $0.74. There are a total of 2 studio apartment listings currently available for rent in 77550.
How much is a one bedroom apartment in 77550, Galveston, TX?
The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $1.64. There are a total of 62 one bedroom apartment listings currently available for rent in 77550.
How much is a two bedroom apartment in 77550, Galveston, TX?
The average monthly rental price for two bedroom apartments is $1,600 and an average price per square feet of $1.58. There are a total of 82 two bedroom apartment listings currently available for rent in 77550.
How have rent prices in 77550, Galveston, TX changed this year?
Rent prices for rentals in 77550, Galveston, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.21%, and three bedroom rental prices have changed by 0.55% year-over-year.
What is a reasonable rent price in 77550, Galveston, TX?
A reasonable rent price in 77550, Galveston, TX is around $1,200/month. You can search for these reasonably priced rental listings on RentHop.
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