Cheap Apartments for Rent in 79701
45 rentals
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$1,399 - $2,174/mo
1-3 Beds
1-2 BathsThe Azure Apartment Homes | 1201 Albert Ave #5304-512,
Midland, TX 79701
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SPECIAL OFFERPET FRIENDLY$1,705 - $2,399/moStudio-2 Beds1-2 BathsThe Wall Street Lofts | 100 N Main St #225,
Midland, TX 79701
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Average Rent Trends in 79701
Rent in 79701 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,450 |
| Jul 2025 | $1,525 |
| Aug 2025 | $1,950 |
| Sep 2025 | $1,800 |
| Oct 2025 | $1,700 |
| Nov 2025 | $1,575 |
| Dec 2025 | $2,700 |
| Jan 2026 | $1,900 |
| Feb 2026 | $2,475 |
| Mar 2026 | $2,500 |
| Apr 2026 | $2,300 |
| May 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,260 | $1,400 | $2,475 | $3,200 | $2,000 |
| Townhomes | — | $2,300 | — | — | $2,300 |
| Apartments and Condos | $1,244 | $1,099 | $1,900 | $1,900 | $1,511 |
| Houses | $1,900 | $1,740 | $2,475 | $3,200 | $2,475 |
Frequently Asked Questions about Rentals in 79701
- What is the average rent in 79701?The average rent in 79701 is $2,000. Rent prices range from $775 to as much as $20,000, depending on the type of rental.
- How does the rent in 79701 compare to the national average?Average rent in 79701 is about 5% higher than the national average rent of $1,910. That means it is more expensive to rent in 79701 compared to the U.S. average.
- What is the average rent in 79701, by number of bedrooms?The average rent in 79701 is $1,257 for a studio, $1,260 for a 1 bedroom, $1,400 for a 2 bedroom, $2,475 for a 3 bedroom, and $3,200 for a 4 bedroom.
- How have rent prices in 79701 changed compared to last year?In the past year, the average rent price in 79701 has increased by $400. That means the average rent is 20% higher than last year.
- How many available rental listings are in 79701?There are 68 available rental listings in 79701.
- What are some cities near 79701?
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