
Cheap Homes for Rent in Fannin Terrace Neighborhood of Midland, TX from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Fannin Terrace area of Midland.


4503 Princeton Ave

3000 W Illinois Ave

1104 N Carrizo St
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.

1102 N Carrizo St

3316 Caldera Blvd

710 Storey Ave, Unit 710a Storey Ave

2101 Brunson Ave
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.

1300 W Ohio Ave
Fannin Terrace, Midland, TX Local Guide

How much does it cost to rent a home in Fannin Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fannin Terrace 2 Bedroom Homes for Rent | $1,537 | $1,400 | $1,850 |
| Fannin Terrace 3 Bedroom Homes for Rent | $2,314 | $1,700 | $3,000 |
| Fannin Terrace 4 Bedroom Homes for Rent | $2,624 | $2,299 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Fannin Terrace Neighborhood of Midland, TX.
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Fannin Terrace, Midland, TX Local Guide
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Cheapest Available Fannin Terrace Apartments for Rent
 The cheapest available apartment rental in the Fannin Terrace area of Midland, TX is a 1 Bed unit found at Whispering Oaks 1904 N. Midland priced from $795. Pinehurst Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Fannin Terrace apartments for rent in Midland, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whispering Oaks 1904 N. Midland | 1 Bedroom, 1 full, 708 sqft | 1BR,1BA | $795 |
| Pinehurst Apartments | One Bedroom - One Bathroom | 1BR,1BA | $800 |
| Silver Creek Apartments | 1/1 | 1BR,1BA | $835 |
Best Value Apartments for Rent in Fannin Terrace, TX
As of June 04, 2026 the best value apartment in the Fannin Terrace 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 Fannin Terrace apartment is the DV-B2 Model at Delmar Villas starting at $1,796 with a $1.29 price per square foot in the Gardens neighborhood. Here is today’s list of the best values for Fannin Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Regency Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.10 |
| Delmar Villas | DV-B2 | 2BR,2BA | $1.29 |
| 601 George Ave | 2 Bedroom | 2BR,2BA | $1.08 |
| The Midkiff | B1 | 2BR,2BA | $1.20 |
| Cedar Elm Apartments | Townhome | 2BR,1.5BA | $1.17 |
| Mosaic | 2Bed 2Bath_1020Sqft | 2BR,2BA | $1.15 |
| Whispering Oaks 1904 N. Midland | 2 Bedrooms, 2 full, 951 sqft | 2BR,2BA | $1.26 |
| Pinehurst Apartments | One Bedroom - One Bathroom | 1BR,1BA | $1.01 |
| Hawthorne House | A1 - 1 Bedroom 1 Bath | 1BR,1BA | $1.31 |
| Silver Creek Apartments | 1/1 | 1BR,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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleFannin Terrace, Midland, TX
Ranked #22
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fannin Terrace, Midland, TX
School data provided by Great Schools
Frequently Asked Questions about Fannin Terrace
What type of rentals are currently available in Fannin Terrace?
There are currently 71 Apartments for Rent in Fannin Terrace, TX with pricing that ranges from $800 to $3,126. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fannin Terrace ranging from $1,100 to $3,400.
What is the current price range for Rental Homes in Fannin Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fannin Terrace ranges from $1,100 to $3,400 with an average monthly rent of $1,851.
How much are larger Three and Four Bedroom Rentals in Fannin Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fannin Terrace range from $1,365 to $3,126, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,299 and Four Bedroom Apartments start at $1,749.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.