Midland, TX has a population of 131,286, while the median age is 32. The household income in Midland, TX is around $75,646. The homeownership rate among the residents is 65%. The median residential property value in Midland, TX that you should keep in mind is $193,200.
Population | 131,286 |
Median Age | 32.1 |
Poverty Rate | 9% |
Household Income | $75,646 |
Number Of Employees | 66,621 |
Median Property Value | $193,200 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $1,149 | -44.5% |
2-bed apartments | $1,412 | -35.8% |
3-bed apartments | $2,308 | -3.9% |
4+ bed apartments | $2,979 | -34.9% |
Over the May 2023, the average rent for an apartment in/near Midland, TX decreased by 25.7% to $2,022.
The average price for a rental studio in Midland, TX has remained the same as last month and equals $3,093. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 44.5% to $1,149. Pricing for 2-bed apartment also decreased by 35.8% and a place of this size will now cost you $1,412. 3-bed apartment rent pricing starts at $2,308, it decreased by 3.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 34.9% and made it down to $2,979.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $2,281 | -15% |
Condos for rent | $1,675 | +8.1% |
Apartments for rent | $1,290 | -55.2% |
Townhouses for rent | $2,017 | N/A |
The median rent for an apartment in Midland, TX decreased by 55.2% to $1,290. Statistics show that house rent price decreased by 15% this month making it up to $2,281. Condos faced an upward trend these days. The median rent for a condo increased by 8.1%, it’s now available for $1,675. Townhouse rent pricing didn’t change, the price still starts at $2,017.