Midland County, TX

2024 Fair Market Rents

Tags: 2024 Midland, TX HUD Metro FMR Area

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The top one largest cities in Midland County are Midland. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Midland County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Midland County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Midland County compare?

Midland County ($1,612) has a 47.5% higher FMR for 2-Bedroom housing than the average of Texas ($1,093) and therefore a higher gross rent.

Midland County is rank 13th out of 254 counties. This means the FMRs, or in other words, the gross rent is higher than 241 other counties. Midland County is the 13th most expensive county in terms of FMRs.

Rent Tables Midland County, TX

Fair Market Rent (40th Percentile)

$1,364
studio
$1,372
1-Bedroom
$1,612
2-Bedroom
$2,059
3-Bedroom
$2,723
4-Bedroom

Median Rent (50th Percentile)

$1,476
studio
$1,485
1-Bedroom
$1,744
2-Bedroom
$2,228
3-Bedroom
$2,946
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
79701 $0 $1,180 $1,390 $1,780 $2,350
79702 $0 $1,370 $1,610 $2,060 $2,720
79703 $0 $1,550 $1,820 $2,320 $3,070
79704 $0 $1,370 $1,610 $2,060 $2,720
79706 $0 $1,300 $1,530 $1,950 $2,580
79708 $0 $1,370 $1,610 $2,060 $2,720
79710 $0 $1,370 $1,610 $2,060 $2,720
79712 $0 $1,370 $1,610 $2,060 $2,720
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
79701 $1,062 $1,062 $1,251 $1,602 $2,115
79702 $1,224 $1,233 $1,449 $1,854 $2,448
79703 $1,386 $1,395 $1,638 $2,088 $2,763
79704 $1,224 $1,233 $1,449 $1,854 $2,448
79706 $1,161 $1,170 $1,377 $1,755 $2,322
79708 $1,224 $1,233 $1,449 $1,854 $2,448
79710 $1,224 $1,233 $1,449 $1,854 $2,448
79712 $1,224 $1,233 $1,449 $1,854 $2,448
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
79701 $1,298 $1,298 $1,529 $1,958 $2,585
79702 $1,496 $1,507 $1,771 $2,266 $2,992
79703 $1,694 $1,705 $2,002 $2,552 $3,377
79704 $1,496 $1,507 $1,771 $2,266 $2,992
79706 $1,419 $1,430 $1,683 $2,145 $2,838
79708 $1,496 $1,507 $1,771 $2,266 $2,992
79710 $1,496 $1,507 $1,771 $2,266 $2,992
79712 $1,496 $1,507 $1,771 $2,266 $2,992

Fair Market Rents on this page apply to the following city in Midland County, Texas: Midland.

These Fair Market Rents also apply to the following ZIP code in Midland County, Texas: 79701, 79703, 79706, 79702, 79708, 79712, 79710, 79704, and 79711.

Midland County, TX is considered part of the following metro FMR area: MIDLAND, TX HUD METRO FMR AREA.

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Fair Market Rents are published by the Department of Housing And Urban Development.