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Rental Market Trends in Midland, TX

What is the average rent in Midland, TX?

$1,310/month

Average Rent

698 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of July 2025, the average rent in Midland, TX is $1,310 per month. This is 20% lower than the national average rent of $1,637/month, making renting in Midland more affordable than most cities in the US. When you rent an apartment in Midland, you can expect to pay about $1,106 per month for a studio, $1,310 for a one-bedroom apartment, and around $1,619 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,277 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,106/month
535 Sq Ft
One Bedroom
$1,310/month
698 Sq Ft
Two Bedroom
$1,619/month
1,006 Sq Ft
Three Bedroom
$2,277/month
1,243 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,552/month
1,488 Sq Ft
Four Bedroom
$3,384/month
2,044 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,505/month
1,554 Sq Ft

How much has average rent changed in Midland, TX?

In the past year, rent has increased by 2%, which averages out to $26 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Midland, TX
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Midland, TX
Percentage*
Rent Range
0% Below $700/month
8% $700 - $1,000/month
56% $1,001 - $1,500/month
31% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Midland?

Based on current rent prices, Fairmont Park, Greathouse and Legends are the most affordable neighborhoods in Midland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairmont Park
$1,202/month
616 Sq Ft
Greathouse
$1,438/month
748 Sq Ft
Legends
$2,467/month
741 Sq Ft

What are the most expensive neighborhoods in Midland?

Based on current rent prices, Legends, Greathouse and Fairmont Park are the most expensive neighborhoods in Midland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Legends
$2,467/month
741 Sq Ft
Greathouse
$1,438/month
748 Sq Ft
Fairmont Park
$1,202/month
616 Sq Ft

Which Midland neighborhoods have the most rentals available?

The neighborhoods in Midland with the most apartments available are Fairmont Park, Legends and Greathouse .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairmont Park
$1,202/month
616 Sq Ft
Legends
$2,467/month
741 Sq Ft
Greathouse
$1,438/month
748 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Midland, TX?

Because the average rent in Midland is $1,310, you’ll want to make about $4,366 per month or $52,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Midland, TX is 3.3% lower than the national average. Generally, housing in Midland is 16.0% less expensive than the national average, with rent falling between $1,106 - $2,277. You can expect to pay 3.9% less for groceries, 0.1% more for utilities, and 6.6% less for transportation.

City

Midland, TX

1,087 Available Apartments for Rent

Search for Nearby Apartments

How does Midland, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Midland, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Midland, TX

Apartment Averages

Fairmont Park

Midland, TX

Legends

Midland, TX

Studio
-
-
One Bedroom
$1,116/month
-
Two Bedroom
$1,261/month
-
Three Bedroom
$1,923/month
-
Search
Search

Nearby City Rent Trends

  • Odessa Average Rent

Apartment communities in Midland we think you'll love

ReNew Scotsdale

ReNew Scotsdale

2613 N Midland Dr,
Midland, TX 79707

Studio - 3 Beds | $965 - $2,315

FLATZ 432

FLATZ 432

1200 Albert Ave,
Midland, TX 79701

Studio - 3 Beds | $1,349 - $2,806

Advenir at Mayfield

Advenir at Mayfield

3200 Bromley Pl,
Midland, TX 79705

1-3 Beds | $1,614 - $2,299

Cornerstone Village

Cornerstone Village

3101 N Midland Dr,
Midland, TX 79707

1-2 Beds | $1,000 - $1,485

Property Management Companies in Midland, TX

Trinity Property Consultants
Trinity Property Consultants
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  • 44,535

    Units

  • 99

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13 Communities in Midland
Myan Management Group
Myan Management Group
  • 40

    Communities

  • 6,415

    Units

  • 18

    Cities

6 Communities in Midland
The Related Companies
The Related Companies
  • 55

    Communities

  • 14,173

    Units

  • 32

    Cities

5 Communities in Midland
Olympus Property
Olympus Property
  • 63

    Communities

  • 17,336

    Units

  • 45

    Cities

4 Communities in Midland
Cushman & Wakefield
Cushman & Wakefield
  • 542

    Communities

  • 127,092

    Units

  • 279

    Cities

2 Communities in Midland
BH
BH
  • 337

    Communities

  • 95,351

    Units

  • 198

    Cities

2 Communities in Midland
RAM Partners
RAM Partners
  • 296

    Communities

  • 77,389

    Units

  • 173

    Cities

2 Communities in Midland
Dominium
Dominium
  • 104

    Communities

  • 21,578

    Units

  • 82

    Cities

2 Communities in Midland

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United States Texas Midland Rental Trends

Methodology

† 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity