Cove at Galveston Yacht Basin
714 N Holiday Dr,
Galveston, TX 77550
$1,908 - $2,968 Total Monthly Price
Studio - 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 May 2026, the average apartment rent in Galveston, TX is $1,232 for a studio, $1,153 for one bedroom, $1,438 for two bedrooms, and $2,078 for three bedrooms. Apartment rent in Galveston has increased by 0.9% in the past year.
Studio
570 sq ft
Average Sq Ft
$1,232/month
Average Rent
1 BR
662 sq ft
Average Sq Ft
$1,153/month
Average Rent
2 BR
937 sq ft
Average Sq Ft
$1,438/month
Average Rent
3 BR
1,265 sq ft
Average Sq Ft
$2,078/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly University of Texas Medical Branch - Galveston, TX (University) is for everyday living.
Moderately Walkable
Walkability
Very Drivable
Drivability
Fairly Bikeable
Bikeability
University of Texas Medical Branch - Galveston, TX (University) offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Get a sense of what it’s like to live in University of Texas Medical Branch - Galveston, TX (University) from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Very Noisy
Quiet Score
Ambassadors Preparatory Academy
Public
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170 Students
Public
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610 Students
Public
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482 Students
Public
Grades PK-5
482 Students
Morgan Elementary Magnet School
Public
Grades PK-5
565 Students
Ambassadors Preparatory Academy
Public
Grades PK-8
170 Students
Public
Grades PK-12
866 Students
Public
Grades 5-12
77 Students
Public
Grades 6-8
879 Students
Public
Grades 9-12
1,934 Students
Public
Grades PK-12
866 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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.