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.

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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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
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Park Glen Apartments
1 to 3 Bedroom Apartments

Park Glen Apartments

2300 Camp DrMidland, TX 79701
  • Utilities Included

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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Hawthorne House
1 to 2 Bedroom Apartments

Hawthorne House

2811 W Loop 250 NMidland, TX 79705
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Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703

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.

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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
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: 01/04/2026

Current apartment rentals in the Midland, TX area range in price from $950 to $6,000 with an overall median price of $3,008. The three Midland neighborhoods with the lowest median rent pricing are Mesa Verde at $1,400, Scotsdale at $1,400, and Gardens at $1,400. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Midland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mesa Verde$2,100$1,4005
Scotsdale$2,100$1,4005
Gardens$2,250$1,40010
Wedgewood Park$2,250$1,4006
Oxford Heights$2,274$1,9005
Andrews Park$2,400$1,4007
Dellwood$2,400$1,9006
Lilly Heights$2,400$1,4007
Belmont$2,406$1,50010
Downtown Midland$2,413$2,4131

Cheapest Available Midland Apartments for Rent

 

The cheapest available apartment rental in Midland, TX is a 1 Bed unit found at Constellation Ranch in the Kelview Heights neighborhood priced from $511. Mosaic in the Wadley Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Midland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Constellation RanchA11BR,1BA$511
MosaicEfficiency 390Sqft1BR,1BA$800
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Silver Creek Apartments1/11BR,1BA$835
Hawthorne HouseA1 - 1 Bedroom 1 Bath1BR,1BA$870
The Ranch At MidlandB1BR,1BA$883
Alturas AndrewsAltitude1BR,1BA$895
Avalon Springs1x1 A1BR,1BA$899
Northridge Court1x11BR,1BA$899
ReNew Fairmont ParkBradford LURA 501BR,1BA$900

Best Value Apartments for Rent in Midland, TX

As of January 04, 2026 the best value apartment in the Midland area is the $0.90 price per square foot 2 Bedroom 2 Bathroom Model at Regency Apartments in the in the Wadley Heights neighborhood starting from $1,800. The second greatest value Midland apartment is the C1 Model at The Midkiff starting at $1,540 with a $1.09 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.
Regency Apartments2 Bedroom 2 Bathroom2BR,2BA$0.90
The MidkiffC13BR,2BA$1.09
Scharbauer FlatsTwo Bedroom - D12BR,2BA$1.33
Hawthorne HouseB1 - 2 Bedroom 2 Bath2BR,2BA$1.25
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
Advenir at The MeadowsPassionflower2BR,2BA$1.34
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Compass PointeA11BR,1BA$1.34
Constellation RanchA11BR,1BA$0.72
Silver Creek Apartments1/11BR,1BA$1.19

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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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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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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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.

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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.

Pet Friendly Lifestyle
Midland, TX

Ranked #112

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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Midland, TX Area Reviews

    Darlin • 3+ years in Midland

    February 25, 2025

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    Frequently Asked Questions about Cheap Midland Apartments

    What is the Cheapest Studio apartment in Midland?

    Currently the most affordable Cheap Studio Apartment in Midland is at Park at Caldera listed at $922.

    How much is rent for a Cheap One Bedroom Midland Apartment?

    The lowest price for a Cheap One Bedroom Midland Apartment is $511 at Constellation Ranch.

    What is the lowest price for a Cheap Two Bedroom Midland Apartment for rent?

    Today's best deal for a Cheap Two Bedroom Apartment in Midland is starting from $607 at Constellation Ranch.

    What is the most affordable Midland Three Bedroom Apartment?

    The best deal on a cheap Midland Three Bedroom Apartment rental is at Constellation Ranch and starts from $695.

    Expert Rental Resources

    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.

    Articles, How-To's, and Tips

    decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

    How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

    Written by: Justin Habersaat

    Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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    Renting with Roommates: Realistic Expectations for Shared Lease

    Written by: Christine Leonard, Esq.

    Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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    Apartment Common Area Rules: What Renters Need to Know

    Written by: Christine Leonard, Esq.

    Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

    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!