Cheap Apartments for Rent in Midland, TX from $500 (47 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Park Glen Apartments
1 to 3 Bedroom Apartments

Park Glen Apartments

2300 Camp DrMidland, TX 79701
  • Utilities Included
close
View Me
Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701
close
View Me
Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703
close
View Me
Playa Del Pueblo
1 to 3 Bedroom Apartments

Playa Del Pueblo

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

Trinity Place

3600 N Midland DrMidland, TX 79707
Showing Results 1-47, Page 1 of 1

Midland, TX Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Midland, TX

Pricing Updated: 08/04/2025

Current apartment rentals in the Midland, TX area range in price from $849 to $6,046 with an overall median price of $1,910. The three Midland neighborhoods with the lowest median rent pricing are Parkway South at $850, Belmont at $850, and North Boulevard 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
Parkway South$1,441$85027
Belmont$1,471$85029
North Boulevard$1,530$85045
Claydesta Plaza$1,630$850112
Downtown Midland$1,630$85074
Kingsway$1,630$85074
Original Town$1,630$85096
West End$1,630$85068
Kelview Heights$1,654$850152
Saddle Club$1,765$850153

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 $849. 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$849
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$850
Alturas AndrewsAltitude1BR,1BA$870
Santa Fe Apartments1 Bedroom w/o W/D connections1BR,1BA$875
MosaicEfficiencyStudio,1BA$880
Aviare PlaceA2 - 1 bedroom 1 bath1BR,1BA$882
ReNew Highland ParkBentley1BR,1BA$925
Compass PointeB12BR,2BA$945
ReNew GarfieldWhitmire1BR,1BA$955

Best Value Apartments for Rent in Midland, TX

As of August 04, 2025 the best value apartment in the Midland area is the $0.98 price per square foot 3/2 Model at Silver Creek Apartments in the in the Wadley Heights neighborhood starting from $1,415. 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.
Silver Creek Apartments3/23BR,2BA$0.98
Advenir at The MeadowsAster2BR,2BA$1.20
The Midkiff2/2 All Bills Paid2BR,2BA$1.18
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.36
ReNew Highland ParkHunt2BR,2BA$1.30
Midland Village Apartments1BR/1BA1BR,1BA$1.42
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.07
Compass PointeA11BR,1BA$1.29
Constellation RanchA11BR,1BA$1.38
Santa Fe Apartments1 Bedroom with W/D connections1BR,1BA$1.36

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.

decorative image of people with a giant lease agreement

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

decorative image of people examining a giant globe and floating graphs

Pet Friendly Lifestyle
Midland, TX

Ranked #76

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Decorative image of map

See the most popular apartments and homes in Midland, TX

View Map
Midland, TX Apartments Map
View Map
Midland, TX Rental Homes Map

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 $955.

    What is the price of a cheap apartment in Midland?

    The cheapest apartment in Midland is Stone Creek Apartment Homes which is listed at $849, while the average apartment in Midland costs $1,910.

    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 835 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 $283 which is $1,627 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 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.

    decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

    Written by: Christine Leonard, Esq.

    Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

    decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

    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.