Midlothian, Texas Rental Market Trends

Disclaimer:

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.

Midlothian, Texas

Average Apartment Rent

$1,634

Y-o-Y Change in Average
Apartment Rent

7.2%

As of November 2024

Compared to a year ago, Midlothian, Texas apartments have recorded a 7.2% rent increase.

Midlothian, Texas Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Midlothian $1,285 $1,391 $1,457 $1,422 $1,512 $1,516 $1,524 $1,486 $1,547 $1,634
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Midlothian
National
Nov 2021
$1,285
$1,596
Mar 2022
$1,391
$1,635
Jul 2022
$1,457
$1,708
Nov 2022
$1,422
$1,726
Mar 2023
$1,512
$1,714
Jul 2023
$1,516
$1,739
Nov 2023
$1,524
$1,733
Mar 2024
$1,486
$1,727
Jul 2024
$1,547
$1,752
Nov 2024
$1,634
$1,748

Midlothian, Texas Average Apartment Rent

Midlothian, Texas Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 56.9%, apartments priced $1,500 - $2,000 represent the bulk of Midlothian, Texas rentals, while condos priced Over $2,000 hold the lowest share of the market – 9.96%.

Midlothian, Texas Housing tenure**

Renter occupied housing units 2,065
Owner occupied housing units 9,714

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**

No bedrooms 143
1 bed 355
2 beds 729
3 beds 634
4 beds 186
5 or more beds 18

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**

15 - 24 years 225
25 - 34 years 532
35 - 44 years 454
45 - 54 years 306
55 - 59 years 149
60 - 64 years 100
65 - 74 years 111
75 - 84 years 166
85 years and over 22

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**

Family households 1,462
Non-Family Households 603

Midlothian, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,061
No related children of the householder under 18 1,004

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**

Less than high school graduate 86
High school graduate (including equivalency) 515
Some college or associate's degree 986
Bachelor's degree or higher 478

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**

Built 2010 - 2019 569
Built 2000 - 2009 603
Built 1990 - 1999 159
Built 1980 - 1989 284
Built 1970 - 1979 184
Built 1960 - 1969 157
Built 1950 - 1959 48
Built 1940 - 1949 26
Built 1939 or earlier 28

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**

Moved in 2021 or later 192
Moved in 2018 to 2020 818
Moved in 2010 to 2017 973
Moved in 2000 to 2009 50
Moved in 1990 to 1999 32

Median year renter moved into unit 2018

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**

No vehicle available 102
1 vehicle available 942
2 vehicles available 840
3 vehicles available 164
5 or more vehicles available 13

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**

Car, truck, or van - drove alone 2,181
Car, truck, or van - carpooled 453
Worked at home 159

Midlothian, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 4,423
Moved within same county 391
Moved from different county within same state 541
Moved from different state 271
Moved from abroad 38

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

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