At $1,565/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,565 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Midland usually run 2% below trend in December and 1.9% above it in July, about $61 a month apart at today's median. Based on 10 years of data.
Rent in Midland is 2.8% below its high of $1,610 in June 2025, at $1,565 as of September 2026.
Rent in Midland changed -0.7% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.
From 2019 to 2024, rent in Midland rose 1.5% while median household income rose 12.9% ($79,329 to $89,585). Income kept ahead of rent.
Rent in Midland is 9.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($89,585) is $2,240 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,834); a 3-bedroom is $2,356.
The priciest of 5 ZIP codes in Midland, 79706 ($1,784/mo), costs 29% more than the cheapest, 79703 ($1,381/mo).
From Zillow's monthly rent index (ZORI) for Midland. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Midland, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 33.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Midland, TX has changed in 5 years
The median rent in Midland, TX stood at $1,131 in 2021 and currently runs about $1,565, reflecting a 38.4% increase over the period. Household income in the area moved from $87,900 to $89,585 across the same window, up 1.9% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.5% since 2021, moving from about 130,765 residents to roughly 136,640. College-educated residents now make up 33.7% of adults here, versus 30.9% in 2021. Reading these numbers side by side helps frame whether current listings in Midland, TX look reasonable against where the market sat half a decade ago.
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At $1,565/mo, how Midland rent compares to typical pay (30% rule).
Midland rent by bedroom count
Median rent for each apartment size in Midland. Click any size for full breakdown.
Tips for renters in Midland
Last updated: October 17, 2026
The median rent in Midland is $1,565/mo as of October 2026. A studio apartment averages $1,556/mo while a 2-bedroom runs $1,834/mo. One-bedroom apartments average $1,564/mo and 3-bedroom units go for $2,356/mo.
At 21% of local median household income ($89,585/yr), Midland ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.7% over the past year.
Frequently asked questions
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At $1,565/mo, rent takes ~21% of Midland's median household income ($89,585/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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