Rentometer, Inc. | Data as of 10/23/2025
Midland, Texas, offers a dynamic rental market that reflects the city’s blend of oil‑industry heritage and modern growth. With a welcoming community and a range of cultural, recreational, and educational amenities, the city attracts professionals, families, and students seeking a balanced lifestyle. Its central location within the Permian Basin provides convenient access to major employment hubs, making Midland an appealing destination for renters looking for both convenience and character.
The rental inventory in Midland includes a healthy mix of apartments and single‑family homes, catering to a variety of household sizes and preferences. Apartment options range from studios to three‑bedroom units, while houses are available from two- to four‑plus bedroom layouts. Studio apartments often rent in the $1100s, while four‑plus bedroom houses can reach the $3300s, illustrating the breadth of pricing across property types. Popular neighborhoods such as Downtown Midland, Westover Hills, and the historic Ridgecrest area provide convenient proximity to dining, shopping, and the city’s vibrant nightlife.
Renters in Midland benefit from a strong sense of community, well‑maintained public spaces, and easy access to outdoor attractions like the nearby Lake Meredith and Big Spring State Park. The city’s ongoing development projects and expanding infrastructure signal a stable outlook for the rental market, ensuring that both new and existing tenants can enjoy a comfortable and affordable living experience in one of West Texas’s most resilient cities.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,270 | $1,260 | $880 - $1,495 | $1,238 - $1,480 |
| Apartment | 1 Bedroom | $1,386 | $1,377 | $800 - $1,881 | $1,182 - $1,590 |
| Apartment | 2 Bedroom | $1,666 | $1,577 | $950 - $2,699 | $1,395 - $1,899 |
| Apartment | 3 Bedroom | $2,211 | $2,303 | $1,355 - $3,349 | $1,705 - $2,554 |
| House | 2 Bedroom | $1,915 | $1,900 | $1,000 - $3,050 | $1,675 - $2,200 |
| House | 3 Bedroom | $2,627 | $2,562 | $1,600 - $6,000 | $2,250 - $2,900 |
| House | 4+ Bedroom | $3,338 | $3,150 | $1,850 - $5,500 | $2,850 - $3,575 |
In the current period, the average rent in Midland was $1,271 for Studio, $1,382 for 1 Bedroom, $1,716 for 2 Bedroom, $2,573 for 3 Bedroom, and $3,316 for 4+ Bedroom.
Data provided by Rentometer, Inc.