Bedroom count
Property type
Last updated on August 2, 2026
Average rent in
Colony Place, Midland, TX
Average rent in
Last updated on August 2, 2026
Bedroom count
Property type
Median rent
Median rent in Colony Place
$1,700/mo
The average rent in Colony Place is $1,700 per month as of August 2026. This is 12% below the national average rent, or $240 less per month.
average price per square foot
Total rentals
Available rentals in Colony Place
19
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Colony Place rentals at each price point
Rent trends in Colony Place, Midland, TX
Average rent prices in Colony Place have increased by 78% over the last month.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Colony Place, Midland, TX
Rent prices in Colony Place vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Colony Place is $1,319, whereas a house costs $2,700. 1-bedroom apartments in Colony Place run $1,121 on average, while 2-bedroom apartments are $1,350.
Listings | ||||
|---|---|---|---|---|
1 bedroom | $1,010 | - | - | |
2 bedroom | $1,600 | - | - | |
3 bedroom | $2,450 |  78% | - | |
4 bedroom | $3,100 | - | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Colony Place, Midland, TX.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,319 | - | No Change | |
Condos | $1,600 | - | - | |
Houses | $2,700 | 78% | No Change |
1 bedroom
Average rent
$1,010
2 bedroom
Average rent
$1,600
3 bedroom
Average rent
$2,450
Last 30 days
78%
4 bedroom
Average rent
$3,100
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Colony Place, Midland, TX.
Apartments
Average rent
$1,319
Condos
Average rent
$1,600
Houses
Average rent
$2,700
Last 30 days
78%
The table above reflects average rent prices in Colony Place, Midland, TX, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Discover rentals in Colony Place, Midland, TX
5d+ ago
Colony Place house for rent in Midland
1616 W Dengar Ave, Midland, TX 79705
3 beds
2 baths
$4,000
House for rent
5d+ ago
Colony Place house for rent in Midland
1616 W Dengar Ave, Midland, TX 79705
3 beds
2 baths
$4,000
House for rent
5d+ ago
Colony Place house for rent in Midland
1616 W Dengar Ave, Midland, TX 79705
3 beds
2 baths
$4,000
House for rent
Stay up to date with rental market insights
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Frequently asked questions for Colony Place, Midland, TX
Quick answers to common questions about the Colony Place rental market.
How much is rent in Colony Place?
The average rent in Colony Place is $1,700 per month as of August 1, 2026.
Is rent up or down in Colony Place?
Average rent prices in Colony Place have increased by 78% over the last month.
How does Colony Place rent compare to the national average?
Rent in Colony Place is 12% below the national average, which means renters are paying approximately $240 less per month.
What salary do I need to afford rent in Colony Place?
To comfortably afford rent in Colony Place, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).