Average Rent in Midland, TX (2026)

Typical asking rent in Midland is $1,655. Across the 5 ZIP codes with data it runs from $1,350 to $2,258, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,655
Average rent
$1,716
Lowest ZIP
$1,350
Highest ZIP
$2,258

Rent by ZIP code in Midland

ZIP codeCountyTypical rentvs city median
79706Midland County$2,258+36%
79701Midland County$1,760+6%
79705Midland County$1,6550%
79707Midland County$1,556-6%
79703Midland County$1,350-18%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Midland sits in the Midland, TX metro area.

Other Texas cities

Would a rental in Midland cash flow?

Start the analyzer with the Midland median rent of $1,655 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.