City Report · NC

Midland

Pop. 4,860·5th most expensive in North Carolina·Rental market data updated monthly for Midland, NC
Median rent (all units)
$2,232/mo
Year-over-Year
Stable
Month-over-Month
+1.4%
vs US Median
+$300
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Midland · $2,232
More expensive than 71% of US cities · National median $1,932/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $2,232/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$89,000/yr
Local median income
$101,477/yr
Based on the 30%-of-income rule using Midland's median rent and household income. See the full affordability breakdown →
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
Fair Market Rent (HUD)
$1,370/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,232 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($101,477) is $2,537 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,140).

From Zillow's monthly rent index (ZORI) for Midland. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$26,784/yr
At $2,232/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.4% MoM), not inventory.
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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

Discussions about Midland

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

Can you afford rent in Midland on your salary?

At $2,232/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: September 25, 2026

The median rent in Midland is $2,232/mo as of September 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 26% 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

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 $89,000/year (about $43/hour full-time) to afford the median rent of $2,232/mo in Midland. The local median household income is $101,477/yr, so the typical household meets that bar.

Is rent going up or down in Midland?

Rent in Midland has been roughly flat over the past year, a 0.0% change.

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

Midland is one of the pricier among North Carolina cities for rent, ranking #5 of 129 tracked cities at $2,232/mo.

Which nearby cities are cheaper to rent in than Midland?

Nearby cities with lower median rent than Midland ($2,232/mo) include Mint Hill ($1,650/mo), Matthews ($1,736/mo), and Concord ($1,784/mo).
Income Affordability
26%
AFFORDABLE

At $2,232/mo, rent takes ~26% of Midland's median household income ($101,477/yr). The standard benchmark is 30%.

Midland 26%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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