Midland, TX · Texas

Martin County

ZIP 79749

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 79749

Median home value

Gross yield

Cap rate

8.7%

Rent gap

Affordability

P/I: 2.1R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
797138.7%
797498.7%
797838.7%
797825.8%
797055.5%

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

Data sources
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