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Rental Market Trends in Midland, TX

Updated September 2026

The average rent in Midland, TX is $1,269/month.

Rent in Midland is 24% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,269/month

Average Rent

699 Sq Ft

Average Size

-0.5%

Change / Year

1,339

Available Apartments

Midland rent varies by unit size and layout:

  • Studio apartments in Midland average $1,109 per month.
  • One-bedroom apartments in Midland average $1,269 per month.
  • Two-bedroom apartments in Midland average $1,550 per month.
  • Three-bedroom apartments in Midland average $2,163 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,109/month
534 Sq Ft
One Bedroom
$1,269/month
699 Sq Ft
Two Bedroom
$1,550/month
1,006 Sq Ft
Three Bedroom
$2,163/month
1,251 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,200/month
359 Sq Ft
Three Bedroom
$2,701/month
737 Sq Ft
Four Bedroom
$3,857/month
1,266 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,580/month
2,044 Sq Ft
View Midland Apartments

How much has average rent changed in Midland, TX?

In the past year, rent has decreased by 0.5%, which averages out to $6 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Midland, TX

September 2026
$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
57% $1,001 - $1,500/month
31% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Midland?

Based on current rent prices, Fairmont Park is the most affordable neighborhood in Midland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairmont Park
$1,050/month
595 Sq Ft

What are the most expensive neighborhoods in Midland?

Based on current rent prices, Fairmont Park is the most expensive neighborhood in Midland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairmont Park
$1,050/month
595 Sq Ft

Which Midland neighborhoods have the most rentals available?

The neighborhood in Midland with the most apartments available is Fairmont Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairmont Park
$1,050/month
595 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 $1,269, you’ll want to make about $4,230 per month or $50,760 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 3.8% lower than the national average. Generally, housing in Midland is 18.6% less expensive than the national average, with rent falling between $1,109 - $2,163. You can expect to pay 4.6% less for groceries, 3.9% less for utilities, and 5.2% less for transportation.

City

Midland, TX

1,339 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.

View the Midland Area Guide

Apartment Averages

Fairmont Park

Midland, TX

Fairmont Park

Midland, TX

Studio
-
-
One Bedroom
$999/month
$999/month
Two Bedroom
$1,250/month
$1,250/month
Three Bedroom
$1,759/month
$1,759/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Odessa

    Odessa

    Avg Rent: $1,148/month

Apartment Communities in Midland We Think You'll Love

Advenir at Mayfield

Advenir at Mayfield

3200 Bromley Pl,
Midland, TX 79705

1-3 Beds | $1,199 - $2,069

FLATZ 432

FLATZ 432

1200 Albert Ave,
Midland, TX 79701

Studio - 3 Beds | $1,119 - $2,378

ReNew North Park I & II

ReNew North Park I & II

3609 Caldera Blvd,
Midland, TX 79707

1-2 Beds | $1,009 - $2,459

ReNew Scotsdale

ReNew Scotsdale

2613 N Midland Dr,
Midland, TX 79707

Studio - 3 Beds | $879 - $2,329

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Frequently Asked Questions

What is the average rent in Midland?

The average rent in Midland is $1,269 per month, which is 23.7% lower than the national average of $1,664.

What is the average rent for a house in Midland?

The average rent for a house in Midland, TX is $2,701 per month.

Are rents going up or down in Midland?

Rents in Midland, TX are decreasing, with prices down 0.5% year-over-year and $6 less per month.

What rent range is most common in Midland?

In Midland, TX, 57% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity