Cheap Apartments for Rent in the Parkway South Neighborhood of Midland, TX from $700 (14 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
  • Utilities Included
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Playa Del Pueblo
1 to 3 Bedroom Apartments

Playa Del Pueblo

611 E Interstate Highway 20Midland, TX 79701
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ReNew Heights
1 to 2 Bedroom Apartments

ReNew Heights

2300 N A StMidland, TX 79705

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 Midland Apartments priced from $974. 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 Midland ApartmentsA11BR,1BA$974
Sterling Springs Villas1 Bed, 1 bath1BR,1BA$994
Compass PointeA11BR,1BA$1,020
ReNew Highland ParkBentley1BR,1BA$1,065
ReNew HeightsBrown1BR,1BA$1,070

Best Value Apartments for Rent in Parkway South, TX

As of April 02, 2025 the best value apartment in the Parkway South area is the $1.46 price per square foot 2 Bedroom Apartment Home Model at Signature Place in the in the Wadley Heights neighborhood starting from $1,950. 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$1.46
Windgate2B2BR,2BA$1.23
The Midkiff2/2 All Bills Paid2BR,2BA$1.15
Constellation RanchB22BR,2BA$1.12
ReNew HeightsLane2BR,1BA$1.59
Palladium Midland ApartmentsA11BR,1BA$1.30
ReNew Highland ParkBentley1BR,1BA$1.42
Scharbauer FlatsOne Bedroom - A1 (Wheelchair Accessible)1BR,1BA$1.56
Compass PointeA11BR,1BA$1.40
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

2.5
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 Midland Apartments which is listed at $974, 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 26 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 $689 which is $881 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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.