FLATZ 432
1200 Albert Ave,
Midland, TX 79701
Studio - 3 Beds | $1,129 - $2,442
Rental Market Trends in Midland, TX
Updated July 2026
The average rent in Midland, TX is $1,274/month.
Rent in Midland is 23% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,274/month
Average Rent
699 Sq Ft
Average Size
+0.5%
Change / Year
1,686
Available Apartments
Midland rent varies by unit size and layout:
- Studio apartments in Midland average $1,094 per month.
- One-bedroom apartments in Midland average $1,274 per month.
- Two-bedroom apartments in Midland average $1,582 per month.
- Three-bedroom apartments in Midland average $2,216 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Midland, TX?
In the past year, rent has increased by 0.5%, which averages out to $7 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Midland, TX
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
59%
$1,001 - $1,500/month
31%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Midland?
Based on current rent prices, Fairmont Park is the most affordable neighborhood in Midland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Midland?
Based on current rent prices, Fairmont Park is the most expensive neighborhood in Midland.
Neighborhood
Average Rent
Average Sq Ft
Which Midland neighborhoods have the most rentals available?
The neighborhood in Midland with the most apartments available is Fairmont Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Midland, TX?
Because the average rent in Midland is $1,274, you’ll want to make about $4,246 per month or $50,952 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 $1,094 - $2,216. You can expect to pay 4.6% less for groceries, 3.9% less for utilities, and 5.2% 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.
View the Midland Area GuideStudio
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-
One Bedroom
$1,029/month
$1,029/month
Two Bedroom
$1,252/month
$1,252/month
Three Bedroom
$1,724/month
$1,724/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Midland?
The average rent in Midland is $1,274 per month, which is 23.3% lower than the national average of $1,662.
What is the average rent for a house in Midland?
The average rent for a house in Midland, TX is $2,380 per month.
Are rents going up or down in Midland?
Rents in Midland, TX are increasing, with prices up 0.5% year-over-year and $7 more per month.
What rent range is most common in Midland?
In Midland, TX, 59% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 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.