Last updated on October 8, 2026

Average rent in
Fannin Terrace, Midland, TX

Median rent

Median rent in Fannin Terrace

$1,921/mo

decreased by36%

vs previous year

The average rent in Fannin Terrace is $1,921 per month as of October 2026. This is 1% above the national average rent, or $21 more per month.

$1.44

average price per square foot

Total rentals

Available rentals in Fannin Terrace

19

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Fannin Terrace rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Fannin Terrace, Midland, TX

Average rent prices in Fannin Terrace have remained the same over the last month and have decreased by 36% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Fannin Terrace, Midland, TX

Rent prices in Fannin Terrace vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Fannin Terrace is $1,473, whereas a house costs $2,500. 1-bedroom apartments in Fannin Terrace run $1,028 on average, while 2-bedroom apartments are $1,729.

Listings

1 bedroom

$1,283

-

-

2 bedroom

$1,440

No Change

-

3 bedroom

$2,509

No Change

13%

4 bedroom

$3,300

No Change

-

1 bedroom

Average rent

$1,283

2 bedroom

Average rent

$1,440

3 bedroom

Average rent

$2,509

Last year

13%

4 bedroom

Average rent

$3,300

The table above reflects average rent prices in Fannin Terrace, 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.

How does rent in Fannin Terrace, Midland, TX compare to other neighborhoods?

Compare median rent prices in Fannin Terrace and Barkman Square by all bedroom counts and property types.

Fannin Terrace

Median rent price$1,921
increased by1%

higher than the national median

Median rent price$2,200
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Fannin Terrace, Midland, TX is 13% lower than the median rent in Barkman Square, Midland, TX.

Discover rentals in Fannin Terrace, Midland, TX

2507 Camarie Ave - Photo 1 of 1

5d+ ago

Fannin Terrace house for rent in Midland

Residential Lease, Midland, TX

2507 Camarie Ave, Midland, TX 79705

4 beds

2 baths

$3,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Fannin Terrace, Midland, TX

Quick answers to common questions about the Fannin Terrace rental market.

How much is rent in Fannin Terrace?

The average rent in Fannin Terrace is $1,921 per month as of October 3, 2026.

Is rent up or down in Fannin Terrace?

Average rent prices in Fannin Terrace have remained the same over the last month and have decreased by 36% since last year.

How does Fannin Terrace rent compare to the national average?

Rent in Fannin Terrace is 1% above the national average, which means renters are paying approximately $21 more per month.

What salary do I need to afford rent in Fannin Terrace?

To comfortably afford rent in Fannin Terrace, you'd need to earn approximately $77,000/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).

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