
Cheap Apartments for Rent in the University Park Neighborhood of Midland, TX from $500 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park area of Midland.


ReNew Scotsdale

501 W Louisiana Ave

West Park Apts, 50% OFF FIRST MONTH'S RENT!
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.
University Park, Midland, TX Local Guide

How much does it cost to rent an apartment in University Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Park Studio Apartments | $1,454 | $1,270 | $1,696 |
University Park 1 Bedroom Apartments | $1,525 | $950 | $2,305 |
University Park 2 Bedroom Apartments | $1,832 | $1,085 | $2,700 |
University Park 3 Bedroom Apartments | $2,124 | $1,500 | $3,074 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the University Park Neighborhood of Midland, TX.
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University Park, Midland, TX Local Guide
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Cheapest Available University Park Apartments for Rent
 The cheapest available apartment rental in the University Park area of Midland, TX is a 1 Bed unit found at Palladium Museum Place priced from $506. Alturas Andrews has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here are the most affordable University Park apartments for rent in Midland, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Palladium Museum Place | A1 | 1BR,1BA | $506 |
Alturas Andrews | Altitude | 1BR,1BA | $915 |
ReNew Scotsdale | Preston | 1BR,1BA | $1,035 |
Best Value Apartments for Rent in University Park, TX
As of April 25, 2025 the best value apartment in the University Park area is the $1.39 price per square foot Two Bedroom Apartment Home Model at Delmar Villas in the in the Gardens neighborhood starting from $1,930. The second greatest value University Park apartment is the 2 Bedroom Apartment Home Model at Signature Place starting at $1,910 with a $1.43 price per square foot in the Wadley Heights neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Delmar Villas | Two Bedroom Apartment Home | 2BR,2BA | $1.39 |
Signature Place | 2 Bedroom Apartment Home | 2BR,2BA | $1.43 |
Windgate | 2B | 2BR,2BA | $1.23 |
Enclave | 2 bedroom Apartment Home | 2BR,2BA | $1.55 |
The Azure Apartment Homes | 2 Bedroom 2 Bathroom Market | 2BR,2BA | $1.48 |
The Midkiff | 2/2 All Bills Paid | 2BR,2BA | $1.15 |
Advenir at The Meadows | Lilly | 1BR,1BA | $1.34 |
Scharbauer Flats | One Bedroom - A2 | 1BR,1BA | $1.55 |
ReNew Scotsdale | Preston | 1BR,1BA | $1.48 |
ReNew Heights | Brown | 1BR,1BA | $1.56 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleUniversity Park, Midland, TX
Ranked #20
Among neighborhoods in Midland, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap University Park Apartments
What is a cheap apartment in University Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,260.
What is the price of a cheap apartment in University Park?
The cheapest apartment in University Park is Palladium Museum Place which is listed at $506, while the average apartment in University Park costs $1,849.
What types of apartments are the cheapest in University Park?
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 12 regular apartments in University Park 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 University Park?
Cheap apartments in University Park have an average cost of $402 which is $1,447 cheaper than the average rent for all rentals in University Park.
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.

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.

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.

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.

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.