Cheap Apartments for Rent in the Downtown Midland Neighborhood of Midland, TX from $700 (13 Rentals)

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

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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

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 $765. 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$765
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Silver Creek Apartments1/11BR,1BA$835
ReNew GarfieldSiesta1BR,1BA$845
Constellation RanchA11BR,1BA$980

Best Value Apartments for Rent in Downtown Midland, TX

As of November 16, 2025 the best value apartment in the Downtown Midland area is the $1.05 price per square foot 2 Bedroom 2 Bathroom Model at Regency Apartments in the in the Wadley Heights neighborhood starting from $2,100. The second greatest value Downtown 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 Downtown Midland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regency Apartments2 Bedroom 2 Bathroom2BR,2BA$1.05
2901 W Illinois Ave, Unit B2901 W Illinois Ave2BR,2BA$1.00
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.36
Palladium Midland ApartmentsB12BR,2BA$1.43
Avanti Townhomes2 Bedroom 2 Bath2BR,2BA$1.50
Midland Village Apartments1BR/1BA1BR,1BA$1.42
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Compass PointeA11BR,1BA$1.53
Constellation RanchA11BR,1BA$1.38
Silver Creek Apartments1/11BR,1BA$1.19

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Pet Friendly Lifestyle
Downtown Midland, Midland, TX

Ranked #37

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Downtown Midland Neighborhood in Midland, TX

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Downtown Midland Apartments

What is a cheap apartment in Downtown Midland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Midland is under $1,201.

What is the price of a cheap apartment in Downtown Midland?

The cheapest apartment in Downtown Midland is Palladium Museum Place which is listed at $765, while the average apartment in Downtown Midland costs $1,623.

What types of apartments are the cheapest in Downtown 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 23 regular apartments in Downtown 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 Downtown Midland?

Cheap apartments in Downtown Midland have an average cost of $559 which is $1,064 cheaper than the average rent for all rentals in Downtown 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 Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.