ZIP Code · TX

ZIP 77551

Part of Galveston, TX

Pop. 21,696·Galveston County·596th most expensive ZIP in Texas

Median rent (all units)

$1,246/mo

Year-over-Year

+1.5%

Month-over-Month

-0.2%

vs US Median

-$686

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 77551 · $1,246

More affordable than 89% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$916

1 BR

$951

2 BR

$1,129

3 BR

$1,519

4 BR+

$1,895

Research median

$1,129/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 77551 is 1.7% below its high of $1,267 in February 2024, at $1,246 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 77551 changed +1.5% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($58,344) is $1,459 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,340); a 2-bedroom is $1,590.

Rank in Galveston

1st cheapest of 3 ZIP codes in Galveston.

From Zillow's monthly rent index (ZORI) for ZIP 77551. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,952/yr

At $1,246/mo median

Location

CityGalveston

StateTX

CountyGalveston County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.5% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 77551 (Galveston, TX) is roughly split between renters and owners, has a median income below the national average, 30.6% of residents hold a bachelor's degree or higher.

Population

21,696

Median income

$58,344

Median age

39.4

Renters

51.8%

Age distribution

17.2%

26.5%

22.7%

13.7%

19.8%

Under 1817.2%

18–3426.5%

35–5422.7%

55–6413.7%

65+19.8%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

52.3%

14.9%

34%

White52.3%

Black14.9%

Hispanic34%

Asian2.1%

Education (25+)

15%

22.2%

32.2%

30.6%

No HS diploma15%

HS diploma22.2%

Some college32.2%

Bachelor's+30.6%

Housing tenure

48.2%

51.8%

Owner48.2%

Renter51.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 77551 in Galveston, TX has changed in 5 years

Rent

$1,220 → $1,246

up 2.1%

Income

$54,375 → $58,344

up 7.3%

Population

23,686 → 21,696

down 8.4%

Renter share

53% → 51.8%

-1.2 pts

Bachelor's+

27% → 30.6%

+3.6 pts

Median age

37.7 → 39.4

+1.7 yrs

Since 2023, the typical rent in ZIP 77551 in Galveston, TX has climbed from $1,220 to $1,246, a 2.1% change over five years. Household income in the area moved from $54,375 to $58,344 across the same window, up 7.3% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 8.4% since 2021, moving from about 23,686 residents to roughly 21,696. College-educated residents now make up 30.6% of adults here, versus 27% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 77551 in Galveston, TX look reasonable against where the market sat half a decade ago.

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About renting in ZIP 77551

Last updated: October 17, 2026

ZIP code 77551 covers Galveston, TX. The median rent here is $1,246/mo as of October 2026. A 1-bedroom rents for a median of $951/mo. A 2-bedroom rents for a median of $1,129/mo.

At 26% of local median household income ($58,344/yr), ZIP 77551 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 77551?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,246/mo in ZIP 77551. The local median household income is $58,344/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 77551?

Rent in ZIP 77551 has risen 1.5% over the past year as of September 2026. It sits 1.7% below its high of $1,267 in February 2024.

How does ZIP 77551 compare to other ZIPs in Texas?

ZIP 77551 is one of the more affordable among Texas ZIP codes for rent, ranking #596 of 693 at $1,246/mo. Over the year to September 2026, rent in ZIP 77551 changed +1.5%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.