Updated 2 Hours Ago
Location
409 Waverly Dr, Midland, TX 79703, USA|Permian Estates
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Extra storage- Images Available
Great for
Social life
Amenities for 409 Waverly Dr, Permian Estates
Features
| Air Conditioning |
Community
| Laundry Room |
Grounds
| Outdoor Space | Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 409 Waverly Dr
Property Status: Active 4 bed 2 bath home. Big backyard with deck and storage building! Great location for ingress/egress to major streets and thoroughfares. Each bedroom and living area have in wall AC etc. Office Phone: (432) 238-3459 Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 409 Waverly Dr compares to other nearby properties.
Positives
- Extra storage
- In-unit features
- Images Available
- There are at least 10 photos of this property
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Permian Estates |
|---|---|
| Zip code | 79703 |
| Type | House for rent |
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Rent trends in Permian Estates
4-bedroom apartments at 409 Waverly Dr cost about 3% less than the average rent price for 4-bedroom apartments in Midland.
Median rents as of Nov 7 2026.
Permian Estates
Midland
| Month | Median Rent |
|---|---|
| November 2024 | $2,900 |
| December 2024 | $2,950 |
| January 2025 | $3,175 |
| February 2025 | $3,231 |
| March 2025 | $3,249 |
| April 2025 | $3,287 |
| May 2025 | $3,425 |
| June 2025 | $3,262 |
| July 2025 | $3,200 |
| August 2025 | $3,071 |
| September 2025 | $3,000 |
| October 2025 | $3,000 |
| November 2025 | $3,055 |
| December 2025 | $3,143 |
| January 2026 | $3,171 |
| February 2026 | $3,100 |
| March 2026 | $3,012 |
| April 2026 | $3,012 |
| May 2026 | $3,104 |
| June 2026 | $2,975 |
| July 2026 | $3,000 |
| August 2026 | $2,980 |
| September 2026 | $3,025 |
| October 2026 | $3,005 |
| November 2026 | $3,050 |
| Month | Median Rent |
|---|---|
| August 2026 | $2,047 |
| September 2026 | $1,900 |
Affordability calculator
Can I afford to live at 409 Waverly Dr?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 4-bedrooms monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.
Schools near 409 Waverly Dr
Long Elementary School
4200 cedar spring dr
midland, TX, 79703
PK, K-6Public
C
Greenwood Intermediate School
2719 fm 1379
midland, TX, 79706
3-5Public
B
Neighborhood
Permian Estates | Midland, TX
Getting around Midland near 409 Waverly Dr
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 409 Waverly Dr, Midland
Groceries
4/10
Variety of groceries within a short drive
Shopping
6/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
5/10
Variety of bars within a short drive
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