Luxury Apartments for Rent in 79701
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SPECIAL OFFERPET FRIENDLY$1,695 - $2,349/mo
Studio-2 Beds
1-2 BathsThe Wall Street Lofts | 100 N Main St #203,
Midland, TX 79701
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PET FRIENDLY$1,399 - $2,174/mo1-3 Beds1-2 BathsThe Azure Apartment Homes | 1201 Albert Ave #4102-402,
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 | $1,200 | $1,500 | $2,475 | $3,200 | $2,400 |
| Townhomes | — | $2,300 | — | — | $2,300 |
| Apartments and Condos | $1,200 | $1,250 | $2,400 | $2,600 | $1,300 |
| Houses | $1,900 | $1,600 | $2,850 | $3,200 | $2,850 |
Frequently Asked Questions about Rentals in 79701
- What is the average rent of an apartment in 79701?The average rent of an apartment in 79701 is $1,350 per month. This is about 30% lower than the national average.
- What is the average rent of a house in 79701?The average rent of a house in 79701 is $2,850 per month. This is about 48% higher than the national average.
- What is the average rent of a townhome in 79701?The average rent of a townhome in 79701 is $2,300 per month. This is about 19% higher than the national average.
- When is the average rent cheapest in 79701?In the last year, the average rent in 79701 was lowest in Feb 2025 when it was $1,300 per month.
- When is the average rent most expensive in 79701?In the last year, the average rent in 79701 was highest in Dec 2025 when it was $2,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 79701?The average rent of a 1 bedroom apartment in 79701 is $1,200 per month. That is about $511 less than the cost of a studio apartment.
- How many available rental listings are in 79701?There are 63 available rental listings in 79701.
- What are some cities near 79701?
Copyright Odessa Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.