Cheap Apartments for Rent in the Wallace Heights Neighborhood of Midland, TX from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wallace Heights area of Midland.

Stone Creek Apartment Homes

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Northridge Court
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Wallace Heights, Midland, TX Local Guide

How much does it cost to rent an apartment in Wallace Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wallace Heights Studio Apartments | $1,317 | $865 | $1,450 |
Wallace Heights 1 Bedroom Apartments | $1,505 | $883 | $2,983 |
Wallace Heights 2 Bedroom Apartments | $1,805 | $1,140 | $4,046 |
Wallace Heights 3 Bedroom Apartments | $2,179 | $1,340 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Wallace Heights Neighborhood of Midland, TX.
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Wallace Heights, Midland, TX Local Guide
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Cheapest Available Wallace Heights Apartments for Rent
 The cheapest available apartment rental in the Wallace Heights area of Midland, TX is a 1 Bed unit found at ReNew Andrews I & II priced from $755. Alturas Andrews has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here are the most affordable Wallace Heights apartments for rent in Midland, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
ReNew Andrews I & II | Aldean Lura 50 | 1BR,1BA | $755 |
Alturas Andrews | Altitude | 1BR,1BA | $905 |
ReNew Sinclair | Cyrus | 1BR,1BA | $990 |
Northridge Court | 1x1 | 1BR,1BA | $990 |
The Bradford | 1 bedroom flat | 1BR,1BA | $999 |
Best Value Apartments for Rent in Wallace Heights, TX
As of May 11, 2025 the best value apartment in the Wallace Heights 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 Wallace Heights apartment is the 2 Bedroom Apartment Home Model at Signature Place starting at $1,960 with a $1.46 price per square foot in the Wadley Heights neighborhood. Here is today’s list of the best values for Wallace Heights 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 | $1.46 |
Enclave | 2 bedroom Apartment Home | 2BR,2BA | $1.55 |
Mosaic | 3 bedroom 2 bath | 3BR,2BA | $1.20 |
The Midkiff | 2/2 All Bills Paid | 2BR,2BA | $1.15 |
Meridian | 2 Bedroom Apartment Home | 2BR,2BA | $1.44 |
Whispering Oaks Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.51 |
Westridge Senior Apartments | A1 | 1BR,1BA | $1.52 |
Santa Fe Apartments | 1 Bedroom with W/D connections | 1BR,1BA | $1.43 |
The Bradford | 1 bedroom flat | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWallace Heights, Midland, TX
Ranked #9
Among neighborhoods in Midland, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Wallace Heights, Midland, TX
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States, including Midland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Wallace Heights Apartments
How much is rent for a Cheap One Bedroom Wallace Heights Apartment?
The lowest price for a Cheap One Bedroom Wallace Heights Apartment is $755 at ReNew Andrews I & II.
What is the lowest price for a Cheap Two Bedroom Wallace Heights Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wallace Heights is starting from $1,140 at Mosaic.
What is the most affordable Wallace Heights Three Bedroom Apartment?
The best deal on a cheap Wallace Heights Three Bedroom Apartment rental is at Mosaic and starts from $1,340.
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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