salaryRent is higher than in 62% of U.S. cities. A typical house costs about 3.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $75,480 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 315 of 426 cities from cheapest to most expensive.
How much do households earn in Midland?
Share of households by yearly income. 35.7% of households earn $100,000 or more.
Rent by apartment size in Midland
| Size | Midland | U.S. average |
|---|---|---|
| Studio | $1,245 | $1,338 |
| 1 bedroom | $1,251 | $1,324 |
| 2 bedrooms | $1,706 | $1,509 |
| 3 bedrooms | $2,242 | $1,698 |
| 4 bedrooms | $1,992 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Midland overall?
Everyday prices in the Midland metro area are 4% below the U.S. average (index 95.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Midland
Life in Midland
What jobs pay in Midland
| Job | Median pay | Rent / pay |
|---|---|---|
| Lawyer | $163,090 | 13.9% |
| Pharmacist | $161,260 | 14.0% |
| Physician Assistant | $158,200 | 14.3% |
| Nurse Practitioner | $146,610 | 15.4% |
| Operations Manager | $132,420 | 17.1% |
| Software Developer | $126,190 | 17.9% |
| Computer Systems Analyst | $124,540 | 18.2% |
| Accountant | $100,890 | 22.4% |
| Civil Engineer | $95,480 | 23.7% |
| Registered Nurse | $82,120 | 27.6% |
| Police Officer | $80,260 | 28.2% |
| Market Research Analyst | $72,550 | 31.2% |
| Licensed Practical Nurse | $64,240 | 35.2% |
| Elementary School Teacher | $61,350 | 36.9% |
| Carpenter | $60,830 | 37.2% |
| Plumber | $60,700 | 37.3% |
| Electrician | $59,530 | 38.0% |
| Truck Driver | $58,200 | 38.9% |
| HVAC Technician | $57,800 | 39.2% |
| Customer Service Representative | $44,890 | 50.4% |
| Medical Assistant | $44,010 | 51.5% |
| Warehouse Worker | $41,910 | 54.0% |
| Nursing Assistant | $35,970 | 63.0% |
| Restaurant Cook | $35,670 | 63.5% |
| Retail Salesperson | $33,660 | 67.3% |
| Cashier | $30,140 | 75.1% |
| Server (Waiter/Waitress) | $23,700 | 95.5% |
Is it cheaper to rent or buy in Midland?
Renting is cheaper right now: about $328 a month less.
Owning assumes a typical $319,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,920 for the down payment.
Frequently asked questions
What is the average rent in Midland, TX?
Renting in Midland costs a median of about $1,887 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Midland?
To keep rent under 30% of income, you need about $75,480 a year, or $36 an hour at a full-time job.
Is Midland cheap or expensive?
Midland is rated OK: rent takes 23.4% of the typical household income of $96,617. It ranks 315th cheapest of 426 Texas cities we track.
How much are property taxes in Midland?
The median homeowner in Midland pays $4,067 a year in property taxes, about 1.27% of the median home value.
Is Midland more expensive than the national average?
Overall prices in the metro area are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Midland?
The median home value in Midland is $319,200, about 3.3 times the typical yearly household income.
136,640 people live in Midland. Numbers are typical (middle) values.