
Cheap Apartments for Rent in the Wallace Heights Neighborhood of Midland, TX from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wallace Heights area of Midland.


Northridge Court

Stone Creek Apartment Homes

ReNew Scotsdale

Westridge Senior Apartments

Meridian

Cornerstone Village

4700 Boulder Dr, Unit 913
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.
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 | $1,359 | $1,314 | $1,450 |
Wallace Heights 1 Bedroom Apartments | $1,453 | $872 | $3,011 |
Wallace Heights 2 Bedroom Apartments | $1,785 | $1,100 | $3,308 |
Wallace Heights 3 Bedroom Apartments | $2,326 | $1,500 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 20 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 Alturas Andrews priced from $870. Stone Creek Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $872. Here are the most affordable Wallace Heights apartments for rent in Midland, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Alturas Andrews | Altitude | 1BR,1BA | $870 |
Stone Creek Apartment Homes | Summit | 1BR,1BA | $872 |
The Ranch At Midland | B | 1BR,1BA | $897 |
Santa Fe Apartments | 1 Bedroom with W/D connections | 1BR,1BA | $950 |
ReNew Sinclair | Cyrus | 1BR,1BA | $970 |
Best Value Apartments for Rent in Wallace Heights, TX
As of April 22, 2025 the best value apartment in the Wallace Heights area is the $1.47 price per square foot 2 Bedroom Apartment Home Model at Enclave in the in the Wadley Heights neighborhood starting from $2,104. The second greatest value Wallace Heights apartment is the Two Bedroom Apartment Home Model at Delmar Villas starting at $1,930 with a $1.39 price per square foot in the Gardens 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. |
---|---|---|---|
Enclave | 2 Bedroom Apartment Home | 2BR,2BA | $1.47 |
Delmar Villas | Two Bedroom Apartment Home | 2BR,2BA | $1.39 |
Signature Place | 2 Bedroom Apartment Home | 2BR,2BA | $1.43 |
The Midkiff | 2/2 All Bills Paid | 2BR,2BA | $1.15 |
Whispering Oaks Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.51 |
Mosaic | 1 bedroom 1 bath | 1BR,1BA | $1.44 |
Meridian | 1 Bedroom Apartment Home | 1BR,1BA | $1.56 |
Westridge Senior Apartments | A1 | 1BR,1BA | $1.52 |
Santa Fe Apartments | 1 Bedroom with W/D connections | 1BR,1BA | $1.43 |
ReNew Scotsdale | Preston | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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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 $820 at Alturas Andrews.
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 $1,100 at Santa Fe Apartments.
What is the most affordable Wallace Heights Three Bedroom Apartment?
The best deal on a cheap Wallace Heights Three Bedroom Apartment rental is at The Midkiff and starts from $1,500.
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.