Midland, TX Rental Market Trends

Highlights

The average rent for an apartment in Midland is $1,346, a 17% increase compared to the previous year, when the average rent was $1,150.

Studio apartments in Midland rent for $864 a month, while 1-bedroom apartments ask on average $1,163 a month; the average rent for a 2-bedroom apartment is $1,463.

Average Rent in Midland, TX

Last updated Oct 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,346 $864 $1,163 $1,463 $2,014
Y-o-Y Change 17% 12% 20% 15% 14%
Average Apartment Size 887 sq. ft. 501 sq. ft. 699 sq. ft. 1,020 sq. ft. 1,280 sq. ft.

The average size for a Midland apartment is 887 square feet, but this number varies greatly depending on apartment type. A studio averages 501 sq. ft., while a one-bedroom apartment offers a more generous square footage: 699. 2-bedroom apartments in Midland have an average size of 1,020 sq. ft.

Midland, TX Apartment Rent Ranges

  • < $5009%
  • $701-$1,00038%
  • $1,001-$1,50053%

Midland, TX Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Oct / 2018 $1,346 $864 $1,163 $1,463 $2,014
Jan / 2018 $1,341 $864 $1,159 $1,457 $2,022
Sept / 2017 $1,238 $707 $1,050 $1,359 $1,923
May / 2017 $1,150 $772 $972 $1,268 $1,763
Jan / 2017 $980 $684 $835 $1,067 $1,538
Sept / 2016 $982 $638 $833 $1,082 $1,468
May / 2016 $995 $630 $848 $1,092 $1,486
Jan / 2016 $1,078 $691 $926 $1,169 $1,701
Sept / 2015 $1,118 $705 $950 $1,221 $1,775
May / 2015 $1,184 $845 $1,023 $1,285 $1,921
/

Average Rent in Midland, TX By Neighborhood

Midland Heights
$1,517
South Park
$1,517
Midkiff Industrial Center
$1,409
Homestead-Original Town
$1,354
Mayfield Place
$1,353
Briarwood-Greathouse
$1,347
Country Sky
$1,347
Crestgate
$1,347
Grassland Estates
$1,347
Green Hill Terrace
$1,347
Northgate-Fairmont Park
$1,347
Pecan Acres
$1,347
Trinity-Skyline Terrace
$1,347
Wedgewood Park
$1,347
Wydewood Estates
$1,347
East Midland
$1,313
Gardens-Skyline Heights
$1,313
Greenwood
$1,313
Urbandale-West End
$1,313
Permian Estates-College Heights
$1,312
Lilly Heights
$1,312
Western Hills
$1,312
Wilshire Park
$1,312
/
/

The most affordable neighborhoods in Midland are Lilly Heights, where the average rent goes for $1,312/month, Western Hills, where renters pay $1,312/mo on average, and Wilshire Park, where the average rent goes for $1,312/mo. If you’re looking for other great deals, check out the listings from Permian Estates-College Heights ($1,312), East Midland ($1,313), and Gardens-Skyline Heights ($1,313), where the asking prices are below the average Midland rent of $1,346/mo.

The most expensive neighborhoods in Midland are Midkiff Industrial Center ($1,409), Midland Heights ($1,517) and South Park ($1,517).

Midland | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Briarwood-Greathouse is the same as in Country Sky

$1,347

Briarwood-Greathouse rent is 1% higher than Midland average

All rentals $1,347
Studio $838
1 Bed $1,146
2 Beds $1,481
3 Beds $2,138
$1,347

Country Sky rent is 1% higher than Midland average

All rentals $1,347
Studio $838
1 Bed $1,146
2 Beds $1,481
3 Beds $2,138

Cheapest Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Midland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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