Cheap Apartments for Rent in the Downtown Midland Neighborhood of Midland, TX from $500 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 the Downtown Midland area of Midland.

close
View Me
601 George Ave
$1,000 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,500
Total Monthly Price
$1,000 - $1,500
1 to 3 Bedroom Apartments Available Now

601 George Ave

601 George AveMidland, TX 79705
Cost Per Sq.Ft.
  • Verified
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

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.

Read Article
close
View Me
Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701
close
View Me
Park Glen Apartments
1 to 3 Bedroom Apartments

Park Glen Apartments

2300 Camp DrMidland, TX 79701
  • Utilities Included
close
View Me
ReNew Garfield
1 to 3 Bedroom Apartments

ReNew Garfield

4405 N Garfield StMidland, TX 79705
Corporate Housing

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.

Read Article
close
View Me
Avanti Townhomes
1 to 3 Bedroom Apartments

Avanti Townhomes

2301 Cotton Flat RdMidland, TX 79701
property at 1102 N Carrizo St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1102 N Carrizo St

MidlandTX79701
property at 1104 N Carrizo St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1104 N Carrizo St

MidlandTX79701
close
View Me
Midway Station
1 to 2 Bedroom Apartments

Midway Station

3700 N A StMidland, TX 79705
close
View Me
3200 Sage St
2 Bedroom Apartments

3200 Sage St

3200 Sage StMidland, TX 79705
Corporate Housing
  • Utilities Included

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.

Read Article
Showing Results 1-36, Page 1 of 1

Downtown Midland, Midland, TX Local Guide

Cheapest Available Downtown Midland Apartments for Rent

 

The cheapest available apartment rental in the Downtown Midland area of Midland, TX is a 1 Bed unit found at Palladium Museum Place priced from $559. Pinehurst Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Downtown Midland apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Palladium Museum PlaceA11BR,1BA$559
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Silver Creek Apartments1/11BR,1BA$835
ReNew GarfieldWhitmire1BR,1BA$969
Constellation RanchA11BR,1BA$980
601 George Ave1 Bedroom1BR,1BA$1,000
Playa Del Pueblo1 Bed 1 Bath1BR,1BA$1,038
ReNew Heights1 BR x 1 BA - A1BR,1BA$1,039
3007 W Louisiana Ave2 Beds, 1 Baths2BR,1BA$1,059
Palladium Midland ApartmentsA11BR,1BA$1,135

Best Value Apartments for Rent in Downtown Midland, TX

As of May 21, 2026 the best value apartment in the Downtown 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 Downtown Midland apartment is the 2 Bedroom Model at 601 George Ave starting at $1,300 with a $1.08 price per square foot in the Wadley Heights neighborhood. Here is today’s list of the best values for Downtown Midland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regency Apartments2 Bedroom 2 Bathroom2BR,2BA$0.90
601 George Ave2 Bedroom2BR,2BA$1.08
ReNew Highland Park2 Bed 1.5 Bath Washer Dryer2BR,1.5BA$1.31
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
3007 W Louisiana Ave2 Beds, 1 Baths2BR,1BA$1.14
Midland Village Apartments1BR/1BA1BR,1BA$1.51
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Playa Del Pueblo1 Bed 1 Bath1BR,1BA$1.46
Constellation RanchA11BR,1BA$1.38
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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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

Pet Friendly Lifestyle
Downtown Midland, Midland, TX

Ranked #35

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Midland Apartments

What is the Cheapest Studio apartment in Downtown Midland?

Currently the most affordable Cheap Studio Apartment in Downtown Midland is at FLATZ 432 listed at $1,149.

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

The lowest price for a Cheap One Bedroom Downtown Midland Apartment is $559 at Palladium Museum Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Midland is starting from $950 at Pinehurst Apartments.

What is the most affordable Downtown Midland Three Bedroom Apartment?

The best deal on a cheap Downtown Midland Three Bedroom Apartment rental is at Constellation Ranch and starts from $1,292.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.