RentData.org

RentData.org Logo Midland Fair Market Rent FY 2023 Midland, TX HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Midland, TX :
$1,111 $1,118 $1,330 $1,681 $2,265
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Midland are very high compared to the national average. This FMR area is more expensive than 94% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Midland is $1,330 per month.

The previous year, rent for a two-bedroom home was $1,433 per month. This is a 7.19% decrease year-over-year.

This FMR rate applies to Midland, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO33260M33260.

Additionally, This Fair Market Rent (FMR) area Midland, TX HUD Metro FMR Area spans one county or city in Texas which is listed in the table below. Estimated population of Midland, TX HUD Metro FMR Area FMR area is 171,238 people based on latest Census data.

Compared to the rest of Texas, the Midland FMR area is more expensive than 98% of the state.

Texas Rents Map

Click on the map to view more another region.

See Nationwide Map

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Midland. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Midland

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1226
1-BR 1-Bedroom $ 1233
2-BR 2-Bedroom $ 1468
3-BR 3-Bedroom $ 1855
4-BR 4-Bedroom $ 2501
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Midland, TX HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Odessa - Midland.

County / Region Est. Population
Midland, TX Metro 171,238
Zip Codes in Midland, TX HUD Metro FMR Area

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

79701, 79702, 79703, 79704, 79706, 79708, 79710, 79711 and 79712

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

Top