Cheap Apartments for Rent in Midland, TX from $500 (49 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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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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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
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Aviare Place
1 to 3 Bedroom Apartments

Aviare Place

2600 W Loop 250 NMidland, TX 79705

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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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
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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
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The Bradford
1 to 2 Bedroom Apartments

The Bradford

4715 W Wadley AveMidland, TX 79707
Corporate Housing
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Trinity Place
1 to 2 Bedroom Apartments

Trinity Place

3600 N Midland DrMidland, TX 79707

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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Wildflower
1 to 2 Bedroom Apartments

Wildflower

4301 Raleigh CtMidland, TX 79707
Showing Results 1-49, 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: 11/23/2025

Current apartment rentals in the Midland, TX area range in price from $800 to $3,349 with an overall median price of $1,981. The three Midland neighborhoods with the lowest median rent pricing are Downtown Midland at $800, Kingsway at $800, and Original Town 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
Downtown Midland$1,623$80087
Kingsway$1,623$800118
Original Town$1,623$800112
West End$1,623$80095
Claydesta Plaza$1,677$800176
Belmont$1,679$80043
North Boulevard$1,679$80074
Parkway South$1,679$80041
Kelview Heights$1,688$800212
Highland Park$1,822$80061

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 $769. 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$769
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Silver Creek Apartments1/11BR,1BA$835
ReNew Fairmont ParkBradford LURA 501BR,1BA$870
Alturas AndrewsAltitude1BR,1BA$885
Stone Creek Apartment HomesSummit1BR,1BA$889
MosaicEfficiencyStudio,1BA$889
Northridge Court1x11BR,1BA$899
ReNew MidlandPecos LURA 501BR,1BA$935
Cornerstone Village1BD 1BA, sq ft 6601BR,1BA$940

Best Value Apartments for Rent in Midland, TX

As of November 23, 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 B starting at $1,599 with a $1.00 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 B2901 W Illinois Ave2BR,2BA$1.00
Las ColinasDouble Townhome2BR,1.5BA$1.36
The Midkiff2/2 All Bills Paid2BR,2BA$1.20
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
ReNew Holiday Hill®Loretta2BR,2BA$1.30
Advenir at The MeadowsPassionflower2BR,2BA$1.34
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Hawthorne HouseA1 - 1 Bedroom 1 Bath1BR,1BA$1.31
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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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.

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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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 $940.

    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 $1,981.

    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 287 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 $377 which is $1,604 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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    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! 

    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.