Midland, TX Rental Market Trends
What is the average rent in Midland?
The average rent for an apartment in Midland is $1,051, a 17% decrease compared to the previous year.
Average Rent in Midland, TX
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,051||-17%||888 sq. ft.|
What is the average apartment size in Midland?
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
- < $5001%
- > $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
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||May / 2021|
Average Rent in Midland, TX By Neighborhood
|Midkiff Industrial Center||$1,167|
|Permian Estates-College Heights||$1,064|
|Parker Acres-Colonial Hills||$1,040|
|Green Hill Terrace||$996|
|Adobe Meadows-Pavilion Park||$977|
|Loma Linda-Ranchland Hills||$977|
|Midland Country Club Estates||$977|
What are the most affordable neighborhoods in Midland?
The most affordable neighborhoods in Midland are Adobe Meadows-Pavilion Park, where the average rent goes for $977/month, Claydesta Plaza, where renters pay $977/mo on average, and Emerson Heights, where the average rent goes for $977/mo. If you’re looking for other great deals, check out the listings from Fairway Park ($977), Fannin Terrace ($977), and Kelview Heights-Berkshire ($977), where the asking prices are below the average Midland rent of $1,051/mo.
What are the most expensive neighborhoods in Midland?
The most expensive neighborhoods in Midland are Midkiff Industrial Center ($1,167), Midland Heights ($1,337) and South Park ($1,337).
What are the most popular neighborhoods in Midland?
The most popular neighborhood in Midland is Lilly Heights, where there are 3 verified RENTCafé listings with an average rent of $1,016. Next up is Northgate-Fairmont Park, where apartments go for $996/month, followed by Trinity-Skyline Terrace with $996 If you’re looking to rent in Midland’s most popular neighborhoods, make sure to also check out Wedgewood Park, where renters pay $996 on average, and Adobe Meadows-Pavilion Park, where the average monthly rent is $977.
Midland | Rent Comparison by Neighborhood
Rent in Adobe Meadows-Pavilion Park is 2% lower than in Briarwood-Greathouse
Adobe Meadows-Pavilion Park rent is 7% lower than Midland average
Briarwood-Greathouse rent is 5% lower than Midland average
How Midland Compares to Other Cities
|Average Rent||Y-o-Y Change|