Rent to own Homes in Galveston, TX
It's the Island, man! Galveston Island is only about 50 miles from Houston, but it's a world apart in spirit. Living here is special, with a set of special rules - ask locals about "Island Time" or the "Republic of Galveston Island."
Galveston, TX is a great place for affordable rent-to-own homes! With a median household income of over $51,280 and a median rent of $1,024, the Galveston, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Galveston, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Galveston, TX Property Resources
Rent to own Homes in Cities Near Galveston, TX
- Alvin
- Angleton
- Arcola
- Bailey's Prairie
- Bonney
- Brazoria
- Clute
- Damon
- Danbury
- East Columbia
- Freeport
- Fresno
- Friendswood
- Galveston
- Guy
- Hillcrest
- Hitchcock
- Holiday Lakes
- Iowa Colony
- Jones Creek
- Lake Jackson
- League City
- Liverpool
- Manvel
- Missouri City
- Oyster Creek
- Pearland
- Quintana
- Richwood
- Rosharon
- Sandy Point
- Santa Fe
- Sienna
- Sienna Plantation
- Surfside Beach
- Sweeny
- Thompsons
- West Columbia
- Wild Peach Village
Neighborhoods in Galveston, TX
Old Silk Stocking Historic District rent to own homes Spanish Grant rent to own homes University of Texas Medical Branch rent to own homes Lake Madeline rent to own homes Campeche Cove rent to own homes Pointe West rent to own homes Lasker Park rent to own homes Evia rent to own homes Sea Isle rent to own homes Central City rent to own homesPopular Zip Codes in Galveston, TX
77552 rent to own homes 77553 rent to own homes 77555 rent to own homes 77554 rent to own homes 77550 rent to own homes 77551 rent to own homesBuying a Home in Galveston, TX
Galveston, TX is seeing rapid growth and Galveston, TX's' housing market remains optimal with an average home price that is -10% below the 2024 national average. Galveston, TX is part of Galveston county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Galveston is 2.01% which is above the national average, which is 0.99%.
Median Home Price in Galveston, TX
Median Rent in Galveston, TX
10 Reasons to Live in Galveston, TX
Mardi Gras! Mardi Gras is the biggest party of the year. Parades, free-flowing spirits, beads and general celebration abound. Pick a place on The Strand to take part of the festivities and feast on "bugs" and other Cajun specialties at Benno's on Seawall.
Beachside Living! There's a lot of beach on the island, from West End to the State Park. You can rent to own in one of the historic neighborhoods or in a newish high-rise building and still be within walking distance of a public beach. There's a wide range of prices, from about $500 to $2,000 or more, and good availability.
Humidity (and mosquitoes)! Humidity is just another reason to get to the beach as often as possible. Visit the Rainforest and Aquarium Pyramids at Moody Gardens and explore other exhibits there as well.
Hurricanes! Galveston is subject to some severe weather, but locals take it in stride. Much of the island was destroyed in 1900 and suffered severe damage in 2008 from Storm "Ike." New building codes require storm engineering, and many homes are built on "stilts" to accommodate a possible tidal surge. Galvestonians are as likely to party as to evacuate, and a favorite place to enjoy themselves is Jack's on Seawall.
Grand Old City! About one third of the city was destroyed in 1900 in The Great Storm. The movie, which plays daily in Galveston, is fascinating. Hotel Galvez was built in 1911 and looks proudly out to the sea. Vacation rentals are popular here, as well, but you can negotiate a month-to-month lease and stay all year.
Neighborhood Diversity! Because it is an island, Galveston offers a choice of orientation, winds and views. Popular neighborhoods for rent to own houses include Point West, Pirate Beach, Sea Isle, Spanish Grant and Jamaica Beach. The median price of a single family home on the island is about $132,500. Prices for in-town condos run about $20,000 higher.
Working Waterfront! Galveston's deep-water channel sees a variety of boat traffic. The historic 1877 tall ship Elyssa, anchored in the harbor, is open to visitors, and you can book dolphin-viewing trips or take the ferry to Port Bolivar.
Seashore Living Conditions are Fabulous! Galveston Island is a long, narrow barrier island running from northeast to southwest along the Gulf Coast of Texas. Modern rent to own homes range in price from under $100,000 to upwards of $300,000. Taxes are relatively low, and cost of living is extremely reasonable.
Real People! Locals take a fierce pride in their island. Residents enjoy their city's reputation as the "Queen City of the Gulf," and they're equally proud that one of the first islanders was Jean Lafitte, the pirate! Residents are active in volunteer organizations, including the East End Historic District Association, which works to preserve and protect a 50-block historic portion of the city.