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Rental Market Trends in Monahans, TX

What is the average rent in Monahans, TX?

$1,006/month

Average Rent

530 Sq Ft

Average Apartment Size

+3.9%

Increase in the Last Year

As of May 2025, the average rent in Monahans, TX is $1,006 per month. This is 38% lower than the national average rent of $1,625/month, making renting in Monahans more affordable than most cities in the US. When you rent an apartment in Monahans, you can expect to pay about per month for a studio, $1,006 for a one-bedroom apartment, and around $1,065 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,006/month
530 Sq Ft
Two Bedroom
$1,065/month
759 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 Monahans, TX?

In the past year, rent has increased by 3.9%, which averages out to $40 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Monahans, TX
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Monahans, TX
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Monahans is $1,006, you’ll want to make about $3,353 per month or $40,236 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

Monahans, TX

17 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Monahans, 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 Monahans we think you'll love

Mission Village of Monahans

Mission Village of Monahans

1210 E Sealy Ave,
Monahans, TX 79756

2-3 Beds | $899 - $999

Garden Apartments

Garden Apartments

405 S Gary Ave,
Monahans, TX 79756

1-2 Beds | $950 - $1,200

Mockingbird Apartments

Mockingbird Apartments

1304 W Interstate 20,
Monahans, TX 79756

1-2 Beds | $1,300 - $2,600

115 S Gary Ave

115 S Gary Ave

115 S Gary Ave,
Monahans, TX 79756

2 Beds | $1,400

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United States Texas Monahans 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity