Cost of Living in Midland, Texas

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Midland is a city in the western part of Texas and serves as the primary city for the Metropolitan Statistical Area of ​​Midland. An oil boom over the past decade has drawn new residents to the area. Laura Bush, the former first lady of the United States, grew up in Midland, and she and her family lived in the city at one point. Its nickname is the “Big City” for its distinguished downtown skyline with tall skyscrapers and it encompasses over 70 square miles of land. Despite its growth, Midland remains a reasonably affordable place to live in the United States.

How much does an apartment cost in Midland?

The cost of living in Midland is just below the national average, although house prices in Midland are slightly above the national average. If you live in the Metropolitan Midland area, you can expect to pay a bit more in rent, although the prices are comparable. A studio in Midland costs less than $ 1,000 per month, while a one-bedroom apartment costs around $ 1,050. You will probably spend around $ 1,300 per month for a two-bedroom apartment. Upgrading to a three-bedroom apartment brings the average rent price to just over $ 1,800, and a four-bedroom rental to about $ 2,483 per month.

Prices on the Midland metro increase a bit to $ 1,060 per month for a studio, $ 1,067 for a one bedroom, $ 1,337 for a two bedroom, $ 1,675 for a three bedroom and $ 1,900 for a four bedroom rental. These prices are higher than the state average, where a studio apartment costs an average of $ 738 per month to rent and a four-bedroom unit costs about $ 1,721 per month.

How to find cheap apartments in Midland?

Finding affordable apartments in Midland starts with a personalized search on Zumper. You can filter the results and find the ideal accommodation in the neighborhood where you want to reside. You can also compare options by price to make sure your new apartment is within your budget.

The average household wage in Midland is over $ 79,000 per year, which is slightly above the national average. If your household earns about that much, you can reasonably spend around $ 1,975 per month on shelter costs to stick to the recommendation to spend around 30% of your income on shelter costs. According to data presented by the Midland Development Corporation, residents of this city have the second highest personal income in the country.

If you’re struggling to find an apartment that fits your budget, you might want to consider sharing a house with roommates. A studio usually costs more than half of a two-bedroom apartment. Sharing a two-bedroom unit with a roommate can help you save on rent, as well as utility costs, as you can split everything down the middle. Other housing options may also be available in Midland, such as mobile homes or smaller residences.

Find the best places to live in Midland

What’s the cheapest rent in Midland?

With the cost of living in Midland approaching the national average, you may have to dig to find a cheap apartment. Zumper allows you to filter your search with a higher rental price, so you won’t see apartments that are not within your budget. If you’re willing to live outside of the city center, you can save money as well. Several suburbs and surrounding neighborhoods offer more affordable housing prices in exchange for a potentially longer commute.

Most Midlanders drive to work and the average commute time into town is just over 18 minutes. Midland has a public transport system that includes bus lines throughout the metropolitan area, which is operated by the Midland Odessa Urban Transit District, also known as the EZ-Rider. If you want to use public transportation to get to and from work, be sure to check the routes to make sure you can get to where you need to go.

Some of the Midland suburbs with more affordable housing include McKinney Acres, Kermit, West Odessa, and Monahans. Some people also live near Odessa, where the median rent is $ 799. This cost marks a decrease of 16% from rental rates reported the previous year.

How does Midland compare to other cities?

As mentioned, the cost of living in Midland, Texas is close to the national average. House prices are above the national average, while grocery costs are below average. According to Payscale, residents pay about $ 160 per month on energy bills. One area where the cost of living is slightly lower is health care.

Outdoor enthusiasts enjoy living in Midland and neighboring towns, thanks to access to hiking trails and other outdoor spaces. Midland has 51 city-run parks, each with their own list of amenities. It also provides access to six major hiking trails, as well as premium access to Big Bend National Park. Other attractions in and around the city include five concert halls, nine museums, and two local breweries. The main industries in the city include fossil fuels, agriculture, and aerospace. If you love Tex-Mex, you can find plenty of restaurants that serve this staple statewide.

Whether you are moving from another part of Texas or planning to cross state borders, Midland is an attractive place to put down roots. It is quite affordable and offers access to various attractions and amenities for people of all ages and interests. Start exploring the rentals available on Zumper to find the perfect accommodation in this Texas city.

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