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Rental Market Trends in Mineral Wells, TX

What is the average rent in Mineral Wells, TX?

$777/month

Average Rent

610 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of August 2025, the average rent in Mineral Wells, TX is $777 per month. This is 53% lower than the national average rent of $1,638/month, making renting in Mineral Wells more affordable than most cities in the US. When you rent an apartment in Mineral Wells, you can expect to pay about per month for a studio, $777 for a one-bedroom apartment, and around $880 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $981 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$777/month
610 Sq Ft
Two Bedroom
$880/month
909 Sq Ft
Three Bedroom
$981/month
1,206 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 Mineral Wells, TX?

In the past year, rent has increased by 1.9%, which averages out to $15 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 August 2025
Legend
2024 2025
Market Trends Over Time

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

Because the average rent in Mineral Wells is $777, you’ll want to make about $2,590 per month or $31,080 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.

City

Mineral Wells, TX

35 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Mineral Wells, 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.

Apartment Averages

Apartment communities in Mineral Wells we think you'll love

The Dalton

The Dalton

3001 NE 2nd St,
Mineral Wells, TX 76067

1-3 Beds | $1,050 - $1,600

The Peaks Townhomes

The Peaks Townhomes

1515 SE 16th St,
Mineral Wells, TX 76067

1-2 Beds | $995 - $1,240

Country Club Estates

Country Club Estates

100 Country Club Pky,
Mineral Wells, TX 76067

1-4 Beds | $699 - $1,099

66 Lori Dr

66 Lori Dr

66 Lori Dr,
Mineral Wells, TX 76067

2 Beds | $1,175

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United States Texas Mineral Wells 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