Cheap Homes for Rent in Parkway South Neighborhood of Midland, TX from $1,200 (4 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Parkway South, Midland, TX Local Guide

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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Frequently Asked Questions about Parkway South

What type of rentals are currently available in Parkway South?

There are currently 41 Apartments for Rent in Parkway South, TX with pricing that ranges from $950 to $3,041. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway South ranging from $1,200 to $4,500.

What is the current price range for Rental Homes in Parkway South?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway South ranges from $1,200 to $4,500 with an average monthly rent of $2,699.

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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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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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.