$1,650 Per Month
- 2 Beds
- 1 Bath
- 902 Sq Ft
- Condo for Rent
7055 N Holiday Dr, Galveston, TX 77550
7055 N Holiday Dr, Galveston, TX 77550
Frequently Asked Questions
How much does it cost to rent a condo in Galveston, TX?
The median rent for a condo in Galveston, TX is $1,400 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Galveston, TX?
To comfortably afford the median rent in Galveston, TX, a household needs to earn roughly $66,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,650 per month in Galveston, TX, renters typically need to show $4,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Galveston, TX?
In Galveston, TX, the price-to-rent ratio is 19.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Galveston, TX are best for renting a condo?
The best neighborhood for renting in Galveston, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Spanish Grant-Beachside Village-Evia, Lake Madeline, Central City, Downtown Galveston and San Jacinto, each with its own character and price range.
