ZIP 77550
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12-month history
Last updated: October 17, 2026
What the numbers show
March. Asking rents in ZIP 77550 usually run 0.9% below trend in March and 1.4% above it in July, about $35 a month apart at today's median. Based on 9 years of data.
Rent in ZIP 77550 is 0.9% below its high of $1,522 in June 2026, at $1,509 as of September 2026.
Rent in ZIP 77550 changed +1.3% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.
From 2019 to 2024, rent in ZIP 77550 rose 34.8% while median household income rose 5.5% ($42,710 to $45,047). Rent outpaced income.
Rent in ZIP 77550 is 36.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($45,047) is $1,126 a month. That covers HUD's Fair Market Rent for up to a studio ($1,120); a 1-bedroom is $1,160.
2nd cheapest of 3 ZIP codes in Galveston.
ZIP 77551, 4 miles away, rents for 17% less ($1,246/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 77550. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 77550 (Galveston, TX) is majority renter-occupied, has a large retiree population, has a median income below the national average, 34.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 77550 in Galveston, TX has changed in 5 years
The median rent in ZIP 77550 in Galveston, TX stood at $1,170 in 2021 and currently runs about $1,509, reflecting a 29.0% increase over the period. Household income in the area moved from $42,081 to $45,047 across the same window, up 7.0% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.8% since 2021, moving from about 22,421 residents to roughly 23,489. Renters now make up 60% of households, compared with 58% five years ago. College-educated residents now make up 34.5% of adults here, versus 30.8% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 77550 in Galveston, TX look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 77550
Last updated: October 17, 2026
ZIP code 77550 covers Galveston, TX. The median rent here is $1,509/mo as of October 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,380/mo.
At 40% of local median household income ($45,047/yr), ZIP 77550 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.
Frequently asked questions
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How does ZIP 77550 compare to other ZIPs in Texas?
How does ZIP 77550 compare to the rest of Galveston?
At $1,509/mo, rent takes ~40% of ZIP 77550's median household income ($45,047/yr). The standard benchmark is 30%.
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