Cheap Apartments for Rent in Midland, TX from $500 (105 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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Advenir at The Meadows
$1,155 - $1,856
Total Monthly Price

Total Monthly Price

Base Rent
$1,124 - $1,825
Required Monthly Fees
$31
Total Monthly Price
$1,155 - $1,856
1 to 2 Bedroom Apartments Available Now

Advenir at The Meadows

5101 N A StMidland, TX 79705
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Advenir at Mayfield
$1,171 - $2,321
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $2,249
Required Monthly Fees
$72
Total Monthly Price
$1,171 - $2,321
1 to 3 Bedroom Apartments Available Now

Advenir at Mayfield

3200 Bromley PlMidland, TX 79705
Affordability
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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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FLATZ 432
Rent Specials
$1,219 - $2,398
Total Monthly Price

Total Monthly Price

Base Rent
-$2,148 - -$969
Required Monthly Fees
$3,367
Total Monthly Price
$1,219 - $2,398
Studio to 3 Bedroom Apartments Available Now

FLATZ 432

1200 Albert AveMidland, TX 79701
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Westwood Villas
$1,250 - $1,667
Total Monthly Price

Total Monthly Price

Base Rent
$1,212 - $1,629
Required Monthly Fees
$38
Total Monthly Price
$1,250 - $1,667
2 Bedroom Apartments Contact Us For Availability

Westwood Villas

4100 W Illinois AveMidland, TX 79703
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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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Midland, TX Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Midland, TX

Pricing Updated: 04/05/2026

Current apartment rentals in the Midland, TX area range in price from $573 to $3,349 with an overall median price of $2,041. The three Midland neighborhoods with the lowest median rent pricing are Downtown Midland at $573, Kingsway at $800, and Original Town at $573. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Midland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Midland$1,623$57388
Kingsway$1,623$800107
Original Town$1,623$573103
West End$1,623$57399
Belmont$1,641$57352
North Boulevard$1,663$80065
Claydesta Plaza$1,680$800148
Parkway South$1,680$57347
Highland Park$1,729$80064
Gardens$1,839$795115

Cheapest Available Midland Apartments for Rent

 

The cheapest available apartment rental in Midland, TX is a 3 Beds unit found at Palladium Museum Place in the Gardens neighborhood priced from $770. Pinehurst Apartments 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
Palladium Museum PlaceC13BR,2BA$770
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Silver Creek Apartments1/11BR,1BA$835
Aviare Place ApartmentsA1 - 1 bedroom 1 bath1BR,1BA$851
ReNew Andrews I & IIAldean Lura 80 (Low-Income)1BR,1BA$889
ReNew AndrewsAldean Lura 80 (Low-Income)1BR,1BA$889
Whispering Oaks 1904 N. Midland2 Bedrooms, 1 full, 860 sqft2BR,1BA$899
Alturas AndrewsAltitude1BR,1BA$899
Park at CalderaE1Studio,1BA$922
Avalon Springs1x1 A1BR,1BA$930

Best Value Apartments for Rent in Midland, TX

As of April 06, 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 BC-B1 Model at Brighton Court starting at $1,898 with a $1.30 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
Brighton CourtBC-B12BR,2BA$1.30
Signature PlaceSP-B22BR,2BA$1.24
The MidkiffB1W/DConn2BR,2BA$1.27
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
Mosaic2Bed 2Bath_1020Sqft2BR,2BA$1.15
Advenir at The MeadowsPassionflower2BR,2BA$1.27
Whispering Oaks 1904 N. Midland2 Bedrooms, 1 full, 860 sqft2BR,1BA$1.05
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Silver Creek Apartments1/11BR,1BA$1.19

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 #78

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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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 $930.

    What is the price of a cheap apartment in Midland?

    The cheapest apartment in Midland is Pinehurst Apartments which is listed at $800, while the average apartment in Midland costs $2,041.

    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 738 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 $248 which is $1,793 cheaper than the average rent for all rentals in Midland.

    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 Maximizing Your Refund: Essential Tax Tips for Renters article

    Maximizing Your Refund: Essential Tax Tips for Renters

    Written by: Christine Leonard, Esq.

    Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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    18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

    Written by: Lauren Harrington

    Renting your next home can feel thrilling and overwhelming at the same time.

    decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

    A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

    Written by: Bob Mallory

    Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.