50 Apartments for rent in Midland, TX

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Last updated September 20 at 6:47AM
Windgate
2900 W Illinois Ave
Midland, TX
Updated September 19 at 12:18AM
Studio
$730
1 Bedroom
$890
2 Bedrooms
$990
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City Guide
Midland
A Sneak Peek at the “Tall City”

“Pump it up!:” It should come as no surprise in a town whose infrastructure revolves around the oil business that it’s absolutely imperative to have your own set of wheels. 98 percent of residents drive their own cars to work, while the city’s shopping, dining, and entertainment options are so spread out that it’s virtually impossible to survive in the city without a vehicle. Fortunately, gridlock is minimal and parking is ample throughout the city, even in the bustling downtown district.

Tips for Texas Tenants

You’ve probably heard how most cities across America face massive housing surpluses, giving buyers and leasers alike a ton of wiggle room and leverage when seeking out their humble abodes. Not so in Midland, which continues to boom. Midland is a rare seller’s market, and the few houses that occasionally pop up for rent are never on the market for more than a few days before multiple hopeful leasers have submitted applications.

Apartments, fortunately, are much easier to come by, and even high-quality, multi-BR units are typically available in the $600-$900 range. Don’t rush into a unit unless you’re sure it’s right for you, but we wouldn’t recommend holding out on a good deal for too long, either.

As always, read your lease carefully and give your new place a thorough inspection before settling in. Check the sinks and faucets for leaks, make sure the toilets flush, your water pressure and temperate is adequate, your appliances function properly, and your walls, ceilings, and floors are free of conspicuous blemishes.

Got it? Good! So welcome to Midland, and happy hunting!

Rent Report
Midland

September 2017 Midland Rent Report

Welcome to the September 2017 Midland Rent Report. In this report, we'll evaluate trends in the Midland rental market, including comparisons to cities throughout the state and nation.

Midland rents increase sharply over the past month

Midland rents have increased 1.6% over the past month, and are up sharply by 12.9% in comparison to the same time last year. Currently, median rents in Midland stand at $990 for a one-bedroom apartment and $1,240 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in January. Midland's year-over-year rent growth leads the state average of 1.5%, as well as the national average of 3.0%.

Rents rising across cities in Texas

Throughout the past year, rent increases have been occurring not just in the city of Midland, but across the entire state. Of the largest 10 cities that we have data for in Texas, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,420; of the 10 largest cities in Texas that we have data for, Houston and Corpus Christi, where two-bedrooms go for $990 and $1,030, are the only two major cities in the state to see rents fall year-over-year (-2.4% and -0.9%).
  • Midland, Arlington, and Fort Worth have all experienced year-over-year growth above the state average (12.9%, 9.0%, and 5.6%, respectively).

Midland rents more affordable than many large cities nationwide

As rents have increased in Midland, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Midland is still more affordable than most large cities across the country.

  • Midland's median two-bedroom rent of $1,240 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 12.9% increase in Midland.
  • While Midland's rents rose over the past year, some cities nationwide saw decreases, including DC (-0.5%) and Miami (-0.4%).
  • Renters will find more reasonable prices in Midland than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly two-and-a-half times the price in Midland.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.