Midlothian, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Midlothian, Texas rental market.
Highlights
An apartment for rent in Midlothian, Texas typically goes for $1,547 per month, while a single-family home for rent in Midlothian, Texas has a monthly cost of around $2,681. Renter-occupied units make up 18% of the local housing market, while the rental vacancy rate in Midlothian, Texas is at 0.9.
Midlothian, Texas
Average Apartment Rent
$1,547
Y-o-Y Change in Average
Apartment Rent
2%
Average Single-Family Rent
$2,681
As of July 2024
Compared to a year ago, Midlothian, Texas apartments have recorded a 2% rent increase.
Midlothian, Texas |Average apartment rent trend
Midlothian, Texas| Average apartment rent
Midlothian, Texas | Apartment rent ranges
At 57.22%, apartments priced $1,500 - $2,000 represent the bulk of Midlothian, Texas rentals, while condos priced $700 - $1000 hold the lowest share of the market – 3.3%.
Midlothian, Texas | Housing tenure**
Renters take up 18% of Midlothian, Texas real estate, occupying a total of 2,065 units, while homeowners live in 9,714 properties.
Median number of rooms of renter-occupied housing units**
4.4
Renter median household income**
$64,097
Average household size of renter-occupied housing units**
2.76
Rental vacancy rate**
0.9%
Midlothian, Texas | Renter-occupied housing units by no. of bedrooms**
There are 729 rentals in Midlothian, Texas with 2 beds making up the highest share of the market, at 35%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 18 units. Overall, the median number of rooms in Midlothian, Texas homes for rent is 4.4.
Midlothian, Texas |Renter-occupied units by age of householder**
Most condos for rent in Midlothian, Texas are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Midlothian, Texas | Renter-occupied housing units by family type**
Midlothian, Texas | Renter-occupied housing units by the presence of own children**
A total of 1,462 apartments for rent in Midlothian, Texas, or 71% of all rentals are family households. Additionally, 51% of rental homes include children under the age of 18 – that’s 1,061 units. All in all, the median size of a renter-occupied household in Midlothian, Texas is 2.76.
Midlothian, Texas | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Midlothian, Texas.
Midlothian, Texas | Renter-occupied units by year structure built**
The highest share of Midlothian, Texas apartment rentals, namely 29% or 603 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (28%, 569 units), and the ones Built 1980 - 1989 (14%, 284 units).
Midlothian, Texas | Renter-occupied units by year householder moved in**
Median year renter moved into unit2018
Most Midlothian, Texas renters (47%) moved in 2010 to 2017, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Midlothian, Texas condos for rent is 2018.
Midlothian, Texas | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Midlothian, Texas renters have 1 vehicle available per household, 41% of them have 2 vehicles available, and 8% have 3 vehicles available.
Midlothian, Texas | Means of transportation to work of householders living in renter-occupied housing units**
Midlothian, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
Midlothian, Texas | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Midlothian, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
