Rent in Midland, TX
Across Midland's 11 ZIP codes, a 2-bedroom typically rents for about $1,794 a month, with figures from $1,321–$1,794. The highest typical rent is in 79712 ($1,794) and the lowest in 79701 ($1,321). 5 ZIPs have ZIP-level figures from HUD or Census; the other 6 use the county Fair Market Rent. Owner-occupied homes in Midland County pay about 1.23% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,335 | $1,195–$1,335 | 11 |
| 1 bed | $1,408 | $735–$1,408 | 11 |
| 2 beds | $1,794 | $1,321–$1,794 | 11 |
| 3 beds | $2,223 | $1,725–$2,498 | 11 |
| 4 beds | $2,401 | $1,833–$2,401 | 11 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Midland ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Midland, TX?
- About $1,794 a month: the median of the typical rents in 11 ZIP codes, which range from $1,321–$1,794. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Midland, TX?
- About $1,408 a month: the median of the typical rents in 11 ZIP codes, which range from $735–$1,408. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Midland, TX?
- About $2,223 a month: the median of the typical rents in 11 ZIP codes, which range from $1,725–$2,498. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Midland, TX?
- About $1,335 a month: the median of the typical rents in 11 ZIP codes, which range from $1,195–$1,335. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Midland, TX?
- About $2,401 a month: the median of the typical rents in 11 ZIP codes, which range from $1,833–$2,401. Figures are gross rent (rent plus tenant-paid utilities).
- Which Midland ZIP code has the highest rent?
- For a 2-bedroom, 79712 has the highest typical rent at $1,794 a month, and 79701 the lowest at $1,321.
- What is the property tax rate in Midland, TX?
- Owner-occupied homes in Midland County pay a typical 1.23% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Midland rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).