Cheap Apartments for Rent in Midland, TX from $500 (41 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Park Glen Apartments
1 to 3 Bedroom Apartments

Park Glen Apartments

2300 Camp DrMidland, TX 79701
  • Utilities Included
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Aviare Place
1 to 2 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
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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
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Playa Del Pueblo
1 to 3 Bedroom Apartments

Playa Del Pueblo

611 E Interstate Highway 20Midland, TX 79701
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Midland, TX Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Midland, TX

Pricing Updated: 07/29/2025

Current apartment rentals in the Midland, TX area range in price from $795 to $6,046 with an overall median price of $1,901. The three Midland neighborhoods with the lowest median rent pricing are Belmont at $850, Parkway South at $850, and Downtown Midland at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Midland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Belmont$1,510$85026
Parkway South$1,529$85024
Downtown Midland$1,630$85070
Kingsway$1,630$85071
North Boulevard$1,630$85066
Original Town$1,630$85093
West End$1,630$85054
Claydesta Plaza$1,688$850109
Kelview Heights$1,731$850161
Saddle Club$1,810$850168

Cheapest Available Midland Apartments for Rent

 

The cheapest available apartment rental in Midland, TX is a 2 Beds unit found at Palladium Museum Place in the Gardens neighborhood priced from $662. Stone Creek Apartment Homes in the Fairmont Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here is today’s list of the most affordable Midland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Palladium Museum PlaceB12BR,2BA$662
Stone Creek Apartment HomesSummit1BR,1BA$839
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$850
ReNew MidlandPecos LURA 501BR,1BA$855
Santa Fe Apartments1 Bedroom w/o W/D connections1BR,1BA$875
MosaicEfficiencyStudio,1BA$880
Alturas AndrewsAltitude1BR,1BA$885
ReNew Highland ParkBentley1BR,1BA$925
The Ranch At MidlandA1BR,1BA$938
Aviare PlaceA2 - 1 bedroom 1 bath1BR,1BA$945

Best Value Apartments for Rent in Midland, TX

As of July 29, 2025 the best value apartment in the Midland area is the $1.31 price per square foot 2 Bedroom Apartment Home Model at Brighton Court in the in the Wadley Heights neighborhood starting from $2,019. The second greatest value Midland apartment is the Aster Model at Advenir at The Meadows starting at $1,395 with a $1.20 price per square foot in the Wadley Heights 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.
Brighton Court2 Bedroom Apartment Home2BR,2.5BA$1.31
Advenir at The MeadowsAster2BR,2BA$1.20
The Midkiff2/2 All Bills Paid2BR,2BA$1.18
Vera in OdessaB12BR,2BA$1.08
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.27
ReNew Highland ParkHunt2BR,2BA$1.29
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.07
Compass PointeA11BR,1BA$1.29
Santa Fe Apartments1 Bedroom with W/D connections1BR,1BA$1.36
Aviare PlaceA2 - 1 bedroom 1 bath1BR,1BA$1.35

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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 #77

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Midland, TX Rentals by Map

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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

Midland, TX Area Reviews

    Darlin3+ 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 $945.

    What is the price of a cheap apartment in Midland?

    The cheapest apartment in Midland is Stone Creek Apartment Homes which is listed at $839, while the average apartment in Midland costs $1,901.

    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 884 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 $273 which is $1,628 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.

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    Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

    Written by: Cheryl Bowman

    A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

    decorative image for The Art of the Rental Viewing: What to look for during a property tour article

    The Art of the Rental Viewing: What to look for during a property tour

    Written by: Marie Brown

    You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

    decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

    Know Your Budget: Calculating What You Can Realistically Afford When Renting

    Written by: Lauren Harrington

    Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

    decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

    The Freedom of Short-Term Leases: Exploring the Advantages for Renters

    Written by: Bobbi Jackson

    If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.