Midland, TX Rental Market Trends
Highlights
The average rent for an apartment in Midland is $1,003, a 32% decrease compared to the previous year.
Average Rent in Midland, TX
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,003 | -32% | 888 sq. ft. |
The average size for a Midland, TX apartment is 888 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Midland, TX Apartment Rent Ranges
- $501-$70014%
- $701-$1,00042%
- $1,001-$1,50037%
- $1,501-$2,0006%
- > $2,0002%
Midland, TX Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
14,952 or 31% of the households in Midland, TX are renter-occupied while 32,290 or 68% are owner-occupied.
Midland, TX Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Midland, TX | $1,260 | $1,365 | $1,613 | $1,555 | $1,617 | $1,592 | $1,499 | $1,433 | $1,161 | $1,035 | $1,003 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
Average Rent in Midland, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Midland Heights | $1,259 |
| South Park | $1,259 |
| East Midland | $1,246 |
| Gardens-Skyline Heights | $1,246 |
| Greenwood | $1,246 |
| Urbandale-West End | $1,246 |
| Midkiff Industrial Center | $1,107 |
| Homestead-Original Town | $1,079 |
| Freeland | $1,079 |
| Parker Acres-Colonial Hills | $1,079 |
| Permian Estates-College Heights | $1,061 |
| Adobe Meadows-Pavilion Park | $1,054 |
| Claydesta Plaza | $1,054 |
| Emerson Heights | $1,054 |
| Fairway Park | $1,054 |
| Fannin Terrace | $1,054 |
| Kelview Heights-Berkshire | $1,054 |
| Loma Linda-Ranchland Hills | $1,054 |
| Midland Country Club Estates | $1,054 |
| Plantation Hills | $1,054 |
| Saddle Club | $1,054 |
| Skyview Development | $1,054 |
| Solomon Estates | $1,054 |
| Mayfield Place | $1,046 |
| Briarwood-Greathouse | $1,040 |
| Country Sky | $1,040 |
| Crestgate | $1,040 |
| Grassland Estates | $1,040 |
| Green Hill Terrace | $1,040 |
| Northgate-Fairmont Park | $1,040 |
| Pecan Acres | $1,040 |
| Trinity-Skyline Terrace | $1,040 |
| Wedgewood Park | $1,040 |
| Wydewood Estates | $1,040 |
| Lilly Heights | $971 |
| Western Hills | $971 |
| Wilshire Park | $971 |
The most affordable neighborhoods in Midland are Lilly Heights, where the average rent goes for $971/month, Western Hills, where renters pay $971/mo on average, and Wilshire Park, where the average rent goes for $971/mo. If you’re looking for other great deals, check out the listings from Briarwood-Greathouse ($1,040), Country Sky ($1,040), and Crestgate ($1,040), where the asking prices are below the average Midland rent of $1,003/mo.
The most expensive neighborhoods in Midland are Urbandale-West End ($1,246), Midland Heights ($1,259) and South Park ($1,259).
The most popular neighborhood in Midland is Lilly Heights, where there are 3 verified RENTCafé listings with an average rent of $971. Next up is Northgate-Fairmont Park, where apartments go for $1,040/month, followed by Trinity-Skyline Terrace with $1,040 If you’re looking to rent in Midland’s most popular neighborhoods, make sure to also check out Wedgewood Park, where renters pay $1,040 on average, and Wydewood Estates, where the average monthly rent is $1,040.
Midland | Rent Comparison by Neighborhood
Rent in Adobe Meadows-Pavilion Park is 1% higher than in Briarwood-Greathouse
Adobe Meadows-Pavilion Park rent is 5% higher than Midland average
| Average Rent | $1,054 |
|---|
Briarwood-Greathouse rent is 4% higher than Midland average
| Average Rent | $1,040 |
|---|
How Midland Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Houston | $1,110 | n/a |
| Dallas | $1,256 | 1% |
| Austin | $1,388 | -3% |
| San Antonio | $1,055 | 1% |
| Fort Worth | $1,182 | 5% |
| Midland | $1,003 | -32% |
| Odessa | $931 | -29% |
| Big Spring | $1,095 | -4% |
For more information about the Midland rental trends, check out our monthly rent report
Check out Texas Cities, Texas Neighborhoods and Texas Zip Codes for more details on verified listings, including the Texas Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!