Cheap Apartments for Rent in Midland, TX from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Midland.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
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Aviare Place
1 to 3 Bedroom Apartments

Aviare Place

2600 W Loop 250 NMidland, TX 79705
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Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Playa Del Pueblo
1 to 3 Bedroom Apartments

Playa Del Pueblo

611 E Interstate Highway 20Midland, TX 79701
  • Utilities Included
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Trinity Place
1 to 2 Bedroom Apartments

Trinity Place

3600 N Midland DrMidland, TX 79707
Showing Results 1-44, Page 1 of 1

Midland, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Midland, TX

Pricing Updated: 09/20/2025

Current apartment rentals in the Midland, TX area range in price from $760 to $3,349 with an overall median price of $1,927. The three Midland neighborhoods with the lowest median rent pricing are Parkway South at $800, Belmont at $800, and Highland Park at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Midland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Parkway South$1,514$80042
Belmont$1,520$80044
Highland Park$1,595$80056
North Boulevard$1,595$80088
Claydesta Plaza$1,630$800188
Downtown Midland$1,630$800114
Kelview Heights$1,630$775251
Kingsway$1,630$800138
Original Town$1,630$800144
West End$1,630$80098

Cheapest Available Midland Apartments for Rent

 

The cheapest available apartment rental in Midland, TX is a 1 Bed unit found at Vera in Odessa priced from $536. Palladium Museum Place in the Gardens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here is today’s list of the most affordable Midland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vera in OdessaA11BR,1BA$536
Palladium Museum PlaceA11BR,1BA$765
Alturas AndrewsAltitude1BR,1BA$775
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
ReNew Andrews I & IIAldean Lura 501BR,1BA$825
ReNew AndrewsAldean Lura 501BR,1BA$825
Silver Creek Apartments1/11BR,1BA$835
ReNew MidlandLone Star LURA 501BR,1BA$835
Stone Creek Apartment HomesSummit1BR,1BA$850
ReNew Fairmont ParkBradford LURA 501BR,1BA$855

Best Value Apartments for Rent in Midland, TX

As of September 20, 2025 the best value apartment in the Midland area is the $1.25 price per square foot 2 Bedroom 2 Bathroom Model at Regency Apartments in the in the Wadley Heights neighborhood starting from $2,500. The second greatest value Midland apartment is the 2901 W Illinois Ave Model at 2901 W Illinois Ave, Unit A starting at $1,699 with a $1.06 price per square foot in the Gardens neighborhood. Here is today’s list of the best values for Midland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regency Apartments2 Bedroom 2 Bathroom2BR,2BA$1.25
2901 W Illinois Ave, Unit A2901 W Illinois Ave2BR,2BA$1.06
Brighton Court2 Bedroom Apartment Home2BR,2.5BA$1.36
The Midkiff2/2 All Bills Paid2BR,2BA$1.20
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.26
Aviare PlaceB3 - 2 bedroom 2 bath2BR,2BA$1.34
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Vera in OdessaA11BR,1BA$0.75
Santa Fe Apartments1 Bedroom with W/D connections1BR,1BA$1.36
Silver Creek Apartments1/11BR,1BA$1.19

Quick Rent Budget Calculator

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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.

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Midland Overview

Midland may not be the most scenic town in the U.S. However, it is among the most thriving in Texas. Getting an apartment is thus quite a challenge in this town. The reason is that it is an Oasis of employment, where nearby towns are underperforming. In this town, data shows that real unemployment is zero. Although this town has tried to diversify, its economy is majorly driven by the oil industry.

Why live in Midland, TX?

Midland is one of the most successful cities in the West Texas area. Despite the hard economic times, the city continues to prosper. Additionally, the city has zero unemployment. That means if you are seeking for a job, you are likely to get a good one here. Also, the exceptionally low unemployment makes it a safe place to live.

Midland, TX
Population: 142,344

Ranked #187

in US Census Population by City

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Pet Friendly Lifestyle
Midland, TX

Ranked #84

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Midland, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Midland, TX Rentals by Map

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See the most popular apartments and homes in Midland, TX

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Getting Around Midland, TX

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Midland, TX Area Reviews

    Darlin • 3+ years in Midland

    February 25, 2025

    4

    Frequently Asked Questions about Cheap Midland Apartments

    What is a cheap apartment in Midland?

    A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midland is under $855.

    What is the price of a cheap apartment in Midland?

    The cheapest apartment in Midland is Vera in Odessa which is listed at $536, while the average apartment in Midland costs $1,927.

    What types of apartments are the cheapest in Midland?

    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 922 regular apartments in Midland 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 Midland?

    Cheap apartments in Midland have an average cost of $284 which is $1,643 cheaper than the average rent for all rentals in Midland.

    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.

    decorative image for How to Negotiate Your Apartment Lease and Save Money article

    How to Negotiate Your Apartment Lease and Save Money

    Written by: Christine Leonard, Esq.

    Everything is a negotiation in real estate! 

    decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

    The Rental Move-In Inspection Checklist: A Guide for Renters

    Written by: Trey Huguley

    The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

    decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

    Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

    Written by: Christine Leonard, Esq.

    For many people, obstacles can arise during the rental application process for a variety of issues.

    decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

    The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

    Written by: Christine Leonard, Esq.

    Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.