ZIP 79706 — Midland, TX: rental yield & market data
Gross rental yield of 7.07% — ranked #282 of 741 Texas ZIP codes. June 2026 data.
Gross rental yield
7.07%
Home value
$383,385
Market rent / mo
$2,258
Price-to-rent
14.1
Trend
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.1% | +12.0% |
| Market rent | -3.0% | — |
Metro: Midland, TX · County: Midland County · Annual rent: $27,096
Comparable ZIP codes in Texas
Similar home values, sorted by yield — the cheapest way to see if 79706 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 76244 | Fort Worth | TX | $386,438 | $2,107 | 6.54% | 15.3 | -1.6% |
| 77474 | Sealy | TX | $385,437 | $2,067 | 6.43% | 15.5 | -2.1% |
| 77429 | Cypress | TX | $381,568 | $1,940 | 6.10% | 16.4 | -1.3% |
| 77354 | Magnolia | TX | $381,971 | $1,796 | 5.64% | 17.7 | -1.4% |
| 78133 | Canyon Lake | TX | $382,955 | $1,745 | 5.47% | 18.3 | -2.7% |
| 77450 | Katy | TX | $385,107 | $1,713 | 5.34% | 18.7 | -1.7% |
| 77407 | Richmond | TX | $380,230 | $1,656 | 5.23% | 19.1 | -3.5% |
| 75246 | Dallas | TX | $384,982 | $1,192 | 3.72% | 26.9 | +5.1% |
Top rental yields in all of Texas →
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