Quintin Soloviev · CC BY 4.0

Midland, TX Metro

Midland, TX real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 3.8%/yr.

Rent growth

: 3.4%/yr.

Median cap rate

: 5.1%.

Median IRR

: 8.4%.

Median rental home value

: $307,800.

Median rental rate

: $1,400/mo.

Median property tax

: $3,761/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Midland, TX →

Top listings right now

1304 Connell St, Midland, TX 79701 $275,000· 3 bd· 2 ba
1405 S Baird St, Midland, TX 79701 $275,000· 6 bd· 3 ba
310 S Carver St, Midland, TX 79701 $275,000· 3 bd· 2 ba
308 S Carver St, Midland, TX 79701 $275,000· 3 bd· 2 ba
608 S Jackson St, Midland, TX 79701 $275,000· 3 bd· 2 ba
10805 E County Road 107, Midland, TX 79706 $340,000· 4 bd· 2 ba
104 Waverly Dr, Midland, TX 79703 $275,000· 4 bd· 1 ba
3637 Alnwick Dr, Odessa, TX 79765 $349,900· 4 bd· 2 ba
3635 Alnwick Dr, Odessa, TX 79765 $349,900· 4 bd· 2 ba
1609 E Pecan Ave, Midland, TX 79705 $310,000· 3 bd· 2 ba
1208 W Tennessee Ave, Midland, TX 79701 $350,000· 4 bd· 2 ba
4706 Ric Dr, Midland, TX 79703 $305,000· 4 bd· 2.5 ba
3213 S County Road 1067, Midland, TX 79706 $315,000· 3 bd· 2 ba
3102 Mearns Ct, Midland, TX 79705 $435,000· 5 bd· 4.5 ba
8424 E County Road 115, Midland, TX 79706 $365,000· 4 bd· 2 ba
1100 Porterfield Rd, Midland, TX 79705 $320,000· 4 bd· 2 ba
2949 Rusa St, Odessa, TX $302,990· 4 bd· 2 ba
3617 Alnwick Dr, Odessa, TX 79765 $379,900· 4 bd· 2 ba
3615 Alnwick Dr, Odessa, TX 79765 $379,900· 4 bd· 2 ba
8629 Fortuna Ct, Odessa, TX 79765 $360,000· 4 bd· 2 ba

ZIP codes in Midland, TX

Rental market data for every ZIP code in this metro area.