Cheap Apartments for Rent in the Parkway South Neighborhood of Midland, TX from $500 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkway South area of Midland.

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Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701
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Park Glen Apartments
1 to 3 Bedroom Apartments

Park Glen Apartments

2300 Camp DrMidland, TX 79701
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Parkway South, Midland, TX Local Guide

Cheapest Available Parkway South Apartments for Rent

 

The cheapest available apartment rental in the Parkway South area of Midland, TX is a 1 Bed unit found at Palladium Museum Place priced from $506. Sterling Springs Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $994. Here are the most affordable Parkway South apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Palladium Museum PlaceA11BR,1BA$506
Sterling Springs Villas1 Bed, 1 bath1BR,1BA$994
ReNew HeightsBrown1BR,1BA$1,045

Best Value Apartments for Rent in Parkway South, TX

As of April 23, 2025 the best value apartment in the Parkway South area is the $1.43 price per square foot 2 Bedroom Apartment Home Model at Signature Place in the in the Wadley Heights neighborhood starting from $1,910. The second greatest value Parkway South apartment is the 2B Model at Windgate starting at $1,475 with a $1.23 price per square foot in the Gardens neighborhood. Here is today’s list of the best values for Parkway South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Signature Place2 Bedroom Apartment Home2BR,2BA$1.43
Windgate2B2BR,2BA$1.23
The Midkiff2/2 All Bills Paid2BR,2BA$1.15
The Azure Apartment Homes2 Bedroom 2 Bathroom Market2BR,2BA$1.55
Constellation RanchB12BR,2BA$1.21
Scharbauer FlatsOne Bedroom - A21BR,1BA$1.50
ReNew Highland ParkBentley1BR,1BA$1.54
Palladium Midland ApartmentsA11BR,1BA$1.51
Compass PointeA11BR,1BA$1.53
Sterling Springs Villas1 Bed, 1 bath1BR,1BA$1.50

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Pet Friendly Lifestyle
Parkway South, Midland, TX

Ranked #37

Among neighborhoods in Midland, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Parkway South Apartments

What is the price of a cheap apartment in Parkway South?

The cheapest apartment in Parkway South is Palladium Museum Place which is listed at $506, while the average apartment in Parkway South costs $1,570.

What types of apartments are the cheapest in Parkway South?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in Parkway South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Parkway South?

Cheap apartments in Parkway South have an average cost of $652 which is $918 cheaper than the average rent for all rentals in Parkway South.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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