City Report · NC

Midland

Pop. 4,860·10th most expensive in North Carolina·Rental market data updated monthly for Midland, NC
Median rent (all units)
$2,034/mo
Year-over-Year
Stable
Month-over-Month
+6.9%
vs US Median
+$104
Rising (Monthly)
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Most AffordableMost Expensive
Midland · $2,034
More expensive than 62% of US cities · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,230
2 BR
$1,370
3 BR
$1,690
4 BR+
$2,140
Research median
$1,370/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost
$24,408/yr
At $2,034/mo median
Market timing
Rents rising
Act sooner rather than later.
Demographics

Who lives here

Midland, NC is majority owner-occupied, has a median income above the national average, 32.9% of residents hold a bachelor's degree or higher.

Population
4,860
Median income
$101,477
Median age
38.9
Renters
16.1%
Age distribution
21.6%
20.6%
32.8%
14.3%
Under 1821.6%
18–3420.6%
35–5432.8%
55–6414.3%
65+10.7%
Gender
45.3%
54.7%
Male45.3%
Female54.7%
Race & ethnicity
72.5%
15.4%
White72.5%
Black15.4%
Hispanic7.2%
Asian0.6%
Other4.3%
Education (25+)
29.5%
34.8%
32.9%
No HS diploma2.8%
HS diploma29.5%
Some college34.8%
Bachelor's+32.9%
Housing tenure
83.9%
16.1%
Owner83.9%
Renter16.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Midland, NC has changed in 5 years

Income
$95,687 → $101,477
up 6.1%
Population
4,519 → 4,860
up 7.5%
Renter share
13.8% → 16.1%
+2.3 pts
Bachelor's+
32.4% → 32.9%
+0.5 pts
Median age
37.6 → 38.9
+1.3 yrs

Median household income rose from $95,687 to $101,477 between 2021 and 2024, a 6.1% shift. The population has grown by 7.5% since 2021, moving from about 4,519 residents to roughly 4,860. Renters now make up 16.1% of households, compared with 13.8% five years ago.

Community

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View Midland rent history (2015–2026) →
Salary vs rent

Can you afford rent in Midland on your salary?

At $2,034/mo, how Midland rent compares to typical pay (30% rule).

By apartment size

Midland rent by bedroom count

Median rent for each apartment size in Midland. Click any size for full breakdown.

Local insights

Tips for renters in Midland

About renting in Midland, NC

Last updated: May 18, 2026

The median rent in Midland is $2,034/mo as of May 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,370/mo. One-bedroom apartments average $1,230/mo and 3-bedroom units go for $1,690/mo.

At 24% of local median household income ($101,477/yr), Midland ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Midland an affordable city for renters?

Midland is considered very affordable for renters. At $2,034/mo, rent takes approximately 24% of the local median household income ($101,477/yr). The standard benchmark is 30%. Midland falls comfortably within that range.

How much income do you need to rent in Midland?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,034/mo in Midland. The local median household income is $101,477/yr, meaning the typical Midland household meets that threshold.

Is rent going up or down in Midland?

Rent in Midland has been relatively stable over the past year, with a 0.0% change year over year as of May 2026.

How does Midland rent compare to other cities in North Carolina?

Midland is one of the pricier cities in North Carolina for rent, ranking #10 out of 125 tracked cities at $2,034/mo.

Which nearby cities are cheaper to rent in than Midland?

Several nearby cities have lower median rents than Midland ($2,034/mo): Matthews ($1,742/mo), Concord ($1,752/mo), Indian Trail ($2,025/mo).

What percentage of Midland residents rent vs. own?

According to Census data, approximately 16.1% of Midland households are renters, while 83.9% are owner-occupied. Midland leans toward homeownership, which can mean a smaller rental inventory.

How does Midland rent compare to the national average?

Midland's median rent of $2,034/mo is $104 (5%) above the US national median of $1,930/mo. Within North Carolina, it ranks #10 out of 125 tracked cities.
Affordability
24%
VERY AFFORDABLE

At $2,034/mo, rent takes ~24% of Midland's median household income ($101,477/yr). The standard benchmark is 30%.

Midland 24%Benchmark 30%
State income tax4.5%
Run the Midland affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Midland, NC

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