Carelton Courtyard
215 Market St,
Galveston, TX 77550
$919 - $1,590 | 1-2 Beds
The magnificent architecture of the Smith Building (“Old Red”) anchors the historic University of Texas Medical branch, a cutting-edge healthcare education and treatment facility on the far eastern end of Galveston Island. The historic campus hosts over 3,000 students and more than 11,000 employees, serving the region as a top-notch trauma center, research hub, and training center.
Living near UTMB comes with the many perks of a popular beach community. Many of the island’s most popular hangouts are nearby, with the city’s historic Downtown just a few blocks to the west and Seawall Boulevard to the south. Residential neighborhoods are all around the campus, providing numerous rental options—dozens of nearby apartments, condos, and houses are easily within walking distance of both UTMB and the local attractions. Although Galveston is an extremely popular resort destination, the neighborhoods around the Medical Branch contain some surprisingly affordable rentals just a stone’s throw from the shoreline.
As of March 2025, the average apartment rent in Galveston, TX is $1,145 for a studio, $1,148 for one bedroom, $1,436 for two bedrooms, and $1,948 for three bedrooms. Apartment rent in Galveston has decreased by -1.1% in the past year.
Studio
688 sq ft
Average Sq Ft
$1,145/month
Average Rent
1 BR
663 sq ft
Average Sq Ft
$1,148/month
Average Rent
2 BR
942 sq ft
Average Sq Ft
$1,436/month
Average Rent
3 BR
1,270 sq ft
Average Sq Ft
$1,948/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-4
610 Students
Public
Grades PK-4
482 Students
Morgan Elementary Magnet School
Public
Grades PK-4
565 Students
Public
Grades PK-4
527 Students
Public
Grades 5-6
426 Students
Public
Grades 7-8
879 Students
Public
Grades 5-12
77 Students
Public
Grades 5-8
374 Students
Public
Grades 9-12
1,934 Students
Public
Grades 5-12
77 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.