Cheap Apartments for Rent in the Downtown Midland Neighborhood of Midland, TX from $653 (24 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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601 George Ave
$1,000 - $1,500

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
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 501 W Louisiana Ave
$1,100 - $1,450
1 To 2 Bedroom Rentals
Available Now
Affordability

501 W Louisiana Ave

MidlandTX79701

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Santa Rita Senior
1 to 2 Bedroom Apartments

Santa Rita Senior

1900 E Golf Course RdMidland, TX 79701
Senior Living
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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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Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701
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Avanti Townhomes
1 to 3 Bedroom Apartments

Avanti Townhomes

2301 Cotton Flat RdMidland, TX 79701

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 Santa Rita Senior priced from $775. 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
Santa Rita Senior1-401BR,1BA$775
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Palladium Museum PlaceB12BR,2BA$912
ReNew Garfield1 BR x 1 BA - A1BR,1BA$939
ReNew Highland Park1 BR x 1 BA - A1BR,1BA$979

Best Value Apartments for Rent in Downtown Midland, TX

As of September 06, 2026 the best value apartment in the Downtown Midland area is the $1.10 price per square foot 2 Bedroom 2 Bathroom Model at Regency Apartments in the in the Wadley Heights neighborhood starting from $2,200. 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$1.10
601 George Ave2 Bedroom2BR,2BA$1.08
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
Avanti Townhomes2 Bedroom 2 Bath2BR,2BA$1.33
Silver Creek Apartments2/12BR,1BA$1.44
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Palladium Midland ApartmentsA11BR,1BA$1.51
ReNew Highland Park1 BR x 1 BA - A1BR,1BA$1.31
Santa Rita Senior1-401BR,1BA$1.08
Constellation RanchA11BR,1BA$1.38

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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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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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.

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Pet Friendly Lifestyle
Downtown Midland, Midland, TX

Ranked #34

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,119.

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

The cheapest apartment in Downtown Midland is Santa Rita Senior which is listed at $775, while the average apartment in Downtown Midland costs $1,699.

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 27 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 $238 which is $1,461 cheaper than the average rent for all rentals in Downtown 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.