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RentData.org Logo Midland Fair Market Rent FY 2014 Midland, TX MSA Rental Data

Fair Market Rent Prices in Midland, TX :
$556 $717 $935 $1,164 $1,292
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 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Midland is $935 per month.

The previous year, rent for a two-bedroom home was $937 per month. This is a 0.21% 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 MSA spans one county or city in Texas which is listed in the table below. Estimated population of Midland, TX MSA FMR area is 136,872 people based on latest Census data.

Compared to the rest of Texas, the Midland FMR area is more expensive than 95% of the state.

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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 $ 599
1-BR 1-Bedroom $ 772
2-BR 2-Bedroom $ 1006
3-BR 3-Bedroom $ 1253
4-BR 4-Bedroom $ 1390
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Midland, TX MSA 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 136,872
Zip Codes in Midland, TX MSA

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?

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