Rental numbers for the Midland, TX metro
The typical home here runs -$1,249 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 5.8%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 5 ZIPs with full data
- Cash flow
- -$1,249/mo
- at 7.78%, 25% down
- Typical price
- $331,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,599/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
6 with published figures
| 79701Midland | $223,000 | $1,665 | 8.9% | 4.3% | -$407 | -3.0% |
| 79782Stanton | $252,000 | $1,800* | 8.6% | 4.1% | -$494 | n/a |
| 79703Midland | $243,000 | $1,352 | 6.7% | 2.3% | -$850 | +0.5% |
| 79706Midland | $385,000 | $1,966 | 6.1% | 2.4% | -$1,296 | -5.6% |
| 79705Midland | $349,000 | $1,662 | 5.7% | 1.7% | -$1,387 | -1.4% |
| 79707Midland | $419,000 | $1,495 | 4.3% | 0.5% | -$2,069 | -1.2% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.7%
- Rent, 12 months
- -2.3%
- Rent minus price growth
- -3.9 pts
- Property tax
- 1.10%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $284,723 | $1,209 |
| Aug 2022 | $294,702 | $1,352 |
| Aug 2023 | $299,327 | $1,530 |
| Aug 2024 | $311,700 | $1,591 |
| Aug 2025 | $325,047 | $1,636 |
| Aug 2026 | $330,518 | $1,599 |
Counties
- Midland County, TX6.1% median yield
- Martin County, TXn/a median yield
Tools
Questions
- Is the Midland, TX metro good for rental property?
- The typical home here runs -$1,249 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Midland, TX metro have the highest rental yield?
- 79701 (Midland) at 8.9%, 79703 (Midland) at 6.7%, 79706 (Midland) at 6.1%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.