FLATZ 432
1200 Albert Ave,
Midland, TX 79701
Studio - 3 Beds | $1,238 - $3,335
Rental Market Trends in Midland, TX
What is the average rent in Midland, TX?
$1,330/month
Average Rent
698 Sq Ft
Average Apartment Size
+4.3%
Increase in the Last Year
As of June 2025, the average rent in Midland, TX is $1,330 per month. This is 18% lower than the national average rent of $1,627/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 $1,082 per month for a studio, $1,330 for a one-bedroom apartment, and around $1,616 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,281 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Midland, TX?
In the past year, rent has increased by 4.3%, which averages out to $58 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 June 2025
Legend
2024
2025
Rent Ranges in Midland, TX
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
9%
$700 - $1,000/month
52%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
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.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Midland, TX?
Because the average rent in Midland is $1,330, you’ll want to make about $4,433 per month or $53,196 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 3.6% lower than the national average. Generally, housing in Midland is 16.2% less expensive than the national average, with rent falling between $1,082 - $2,281. You can expect to pay 3.8% less for groceries, 0.9% more for utilities, and 5.7% less for transportation.
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.
Studio
-
-
One Bedroom
$1,143/month
-
Two Bedroom
$1,272/month
-
Three Bedroom
$1,895/month
-
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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.