On MidlandDirt.com: Luxury Apartment Construction Up 800 Percent in Midland-Odessa Since 2012

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Amenity-laden Le Mirage Apartments in Midland demands more than $1,100 for a one-bedroom unit. (Photo: Weidner Apartment Homes)
Amenity-laden Le Mirage Apartments in Midland demands more than $1,100 for a one-bedroom unit. (Photo: Weidner Apartment Homes)

New affordable housing is hard to find in Midland-Odessa, as a recent study from RentCafe shows that 100 percent of the new apartments completed in 2015 were high-end units. Nationally, 75 percent of all apartments that came on the market last year were priced at luxury levels.

Considering how much the new construction in the single-family market is lagging, the limited number of new affordable rentals could be eroding would-be homeowners’ future buying power.

Read the whole story behind the numbers on MidlandDirt.com.

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Joanna England

If Executive Editor Joanna England could house hunt forever, she absolutely would. Instead she covers the North Texas housing market and the economy for CandysDirt.com. While she started out with the Real Estate Center at Texas A&M University, Joanna's work has appeared in The Dallas Morning News as well as several local media outlets. When she's not knitting or hooping, or enjoying White Rock Lake, she's behind the lens of her camera. She lives in East Dallas with her husband, son, and their furry and feathered menagerie.

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