Midland, TX · Texas
Martin County
5,230 residents4 permits TTM$77,083 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$162,200
ACS 5-Year
Cap rate proxy
8.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.3%
HUD FMR ÷ ACS HHI
Net migration
+1.07%
IRS SOI
Permits (TTM)
4
Census BPS
Climate risk
20.0
FEMA NRI (0–100)
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 79713 | — | — | — | 8.7% | — |
| 79749 | — | — | — | 8.7% | — |
| 79783 | — | — | — | 8.7% | — |
| 79782 | — | — | — | 5.8% | — |
| 79705 | — | — | — | 5.5% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
66.9%
Census ACS
Vacancy rate
7.9%
Census ACS
Bachelor's degree +
17.8%
Census ACS
Rent burdened
9.5%
Census ACS (>30% income)
Median age
37.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026