Cheap Homes for Rent in Fannin Terrace Neighborhood of Midland, TX from $800 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Fannin Terrace area of Midland.

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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 Mosaic priced from $800. 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 ListingModel NameBed/BathPriced From
MosaicEfficiency 390Sqft1BR,1BA$800
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Silver Creek Apartments1/11BR,1BA$835

Best Value Apartments for Rent in Fannin Terrace, TX

As of January 10, 2026 the best value apartment in the Fannin Terrace 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 Fannin Terrace apartment is the C1 Model at The Midkiff starting at $1,620 with a $1.14 price per square foot in the Wadley Heights neighborhood. Here is today’s list of the best values for Fannin Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regency Apartments2 Bedroom 2 Bathroom2BR,2BA$0.90
The MidkiffC13BR,2BA$1.14
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
Advenir at The MeadowsPassionflower2BR,2BA$1.34
Midland Village Apartments1BR/1BA1BR,1BA$1.42
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
Hawthorne HouseA1 - 1 Bedroom 1 Bath1BR,1BA$1.34
Silver Creek Apartments1/11BR,1BA$1.19
Trinity Place1x11BR,1BA$1.41
The Ranch At MidlandB1BR,1BA$1.43

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 $2,554. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fannin Terrace ranging from $895 to $3,950.

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 $895 to $3,950 with an average monthly rent of $2,036.

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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

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!