Midland, TX Rental Market Trends
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
- > $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
|Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Jan / 2021|
Average Rent in Midland, TX By Neighborhood
|Midkiff Industrial Center||$1,107|
|Parker Acres-Colonial Hills||$1,079|
|Permian Estates-College Heights||$1,061|
|Adobe Meadows-Pavilion Park||$1,054|
|Loma Linda-Ranchland Hills||$1,054|
|Midland Country Club Estates||$1,054|
|Green Hill Terrace||$1,040|
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
Briarwood-Greathouse rent is 4% higher than Midland average
How Midland Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Midland rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!