Updated 3 Days Ago
Highlights
- 2 car garage
- Near shopping
Location
5104 Rainbow Rd #A, Midland, TX 79707, USA|Arbor Park
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Property Overview
Convenient access is a standout, with shopping nearby, a 2-car garage, and strong value for money compared with other local properties. The area also offers walkability, public transit, nearby parks, and a lively setting with many restaurants, while top-rated elementary and middle schools are close by.
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
Middle school nearby- Elementary school nearby
- Less expensive
Great for
Eco living
Social life
Amenities for 5104 Rainbow Rd #A, Arbor Park
Apartment Amenities
| Central Air |
Appliances
| Dishwasher |
Building
| Laundry Room |
Grounds
| Garage Parking |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 5104 Rainbow Rd #A
Property Status: Active Roomy 3 bedroom, 2 bath duplex with a 2 car garage, located near shopping with easy access to the loop. Preder no pets but might take 1 small dog or cat with pet deposit. Office Phone: (432) 682-0000 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 5104 Rainbow Rd #A compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Address details
| Neighborhood | Arbor Park |
|---|---|
| Zip code | 79707 |
| Type | Apartment for rent |
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Rent trends in Arbor Park
Median rents as of Jul 18 2026.
Arbor Park
Midland
| Month | Median Rent |
|---|---|
| August 2024 | $1,591 |
| September 2024 | $1,597 |
| October 2024 | $1,585 |
| November 2024 | $1,577 |
| December 2024 | $1,604 |
| January 2025 | $1,586 |
| February 2025 | $1,549 |
| March 2025 | $1,656 |
| April 2025 | $1,699 |
| May 2025 | $1,717 |
| June 2025 | $1,642 |
| July 2025 | $1,627 |
| August 2025 | $1,604 |
| September 2025 | $1,567 |
| October 2025 | $1,565 |
| November 2025 | $1,526 |
| December 2025 | $1,524 |
| January 2026 | $1,533 |
| February 2026 | $1,565 |
| March 2026 | $1,591 |
| April 2026 | $1,631 |
| May 2026 | $1,702 |
| June 2026 | $1,703 |
| July 2026 | $1,689 |
| Month | Median Rent |
|---|---|
| October 2015 | $1,200 |
| December 2016 | $1,000 |
| July 2017 | $1,200 |
Affordability calculator
Can I afford to live at 5104 Rainbow Rd #A?
Bedrooms
3 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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 5104 Rainbow Rd #A
Bush Elementary School
5001 preston dr
midland, TX, 79707
PK, K-6Public
B-
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Internet available near 5104 Rainbow Rd #A
Neighborhood
Arbor Park | Midland, TX
Getting around Midland near 5104 Rainbow Rd #A
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Points of interest for 5104 Rainbow Rd #A, Midland
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
6/10
Variety of bars within a short drive
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Check availability
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