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$511 - $1,2921 to 3 Bedroom Apartments Available Now
Constellation Ranch
1301 Latta StMidland, TX 79701
Cheap Apartments for Rent in the Parkway South Neighborhood of Midland, TX from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway South area of Midland.
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$800 - $9501 to 2 Bedroom Apartments Available Now
Pinehurst Apartments
609 Watson StMidland, TX 79701
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Rent Specials
$980 - $1,2921 to 3 Bedroom Apartments Available Now
Compass Pointe
1509 Wayside DrMidland, TX 79701
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Studio to 2 Bedroom Apartments
Windgate
2900 W Illinois AveMidland, TX 79701
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.
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1 to 3 Bedroom Apartments
Park Glen Apartments
2300 Camp DrMidland, TX 79701
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1 to 3 Bedroom Apartments
West Park Apts, 50% OFF FIRST MONTH'S RENT!
2928 W Louisiana AveMidland, TX 79701
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1 to 2 Bedroom Apartments
Garden Court Apartments
2301 N Pecos StMidland, TX 79705
600 Liddon Ave
MidlandTX79705
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.
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Parkway South, Midland, TX Local Guide
How much does it cost to rent an apartment in Parkway South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway South Studio Apartments | $1,231 | $1,219 | $1,244 |
| Parkway South 1 Bedroom Apartments | $1,244 | $511 | $1,429 |
| Parkway South 2 Bedroom Apartments | $1,442 | $607 | $1,899 |
| Parkway South 3 Bedroom Apartments | $1,697 | $695 | $2,378 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Parkway South Neighborhood of Midland, TX.
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Cheapest Available Parkway South Apartments for Rent
The cheapest available apartment rental in the Parkway South area of Midland, TX is a 1 Bed unit found at Constellation Ranch priced from $511. Pinehurst Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Parkway South apartments for rent in Midland, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Constellation Ranch | A1 | 1BR,1BA | $511 |
| Pinehurst Apartments | One Bedroom - One Bathroom | 1BR,1BA | $800 |
| Compass Pointe | A1 | 1BR,1BA | $980 |
Best Value Apartments for Rent in Parkway South, TX
As of January 07, 2026 the best value apartment in the Parkway South area is the $1.80 price per square foot W3 Model at FLATZ 432 in the in the Original Town neighborhood starting from $2,378. The second greatest value Parkway South apartment is the Townhome Model at Cedar Elm Apartments starting at $1,200 with a $1.17 price per square foot in the Wadley Heights neighborhood. Here is today’s list of the best values for Parkway South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| FLATZ 432 | W3 | 3BR,2BA | $1.80 |
| Cedar Elm Apartments | Townhome | 2BR,1.5BA | $1.17 |
| ReNew Heights | Lane | 2BR,1BA | $1.45 |
| Pinehurst Apartments | One Bedroom - One Bathroom | 1BR,1BA | $1.01 |
| The Azure Apartment Homes | 1 Bedroom 1 Bathroom Market | 1BR,1BA | $1.83 |
| Palladium Midland Apartments | A1 | 1BR,1BA | $1.51 |
| ReNew Highland Park | Bentley | 1BR,1BA | $1.53 |
| Compass Pointe | A1 | 1BR,1BA | $1.34 |
| Constellation Ranch | A1 | 1BR,1BA | $0.72 |
| Sterling Springs Villas | 1-60 | 1BR,1BA | $1.85 |
Frequently Asked Questions about Cheap Parkway South Apartments
What is a cheap apartment in Parkway South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkway South is under $1,255.
What is the price of a cheap apartment in Parkway South?
The cheapest apartment in Parkway South is Constellation Ranch which is listed at $511, while the average apartment in Parkway South costs $1,679.
What types of apartments are the cheapest in Parkway South?
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 12 regular apartments in Parkway South 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 Parkway South?
Cheap apartments in Parkway South have an average cost of $499 which is $1,180 cheaper than the average rent for all rentals in Parkway South.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!