Cheap Apartments for Rent in the Parkway South Neighborhood of Midland, TX from $800 (11 Rentals)

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

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FLATZ 432
Rent Specials
$1,219 - $2,378
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,311
Required Monthly Fees
$67

Total Monthly Price
$1,219 - $2,378
Studio to 3 Bedroom Apartments Available Now

FLATZ 432

1200 Albert AveMidland, TX 79701
Affordability
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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

Parkway South, Midland, TX Local Guide

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 Pinehurst Apartments priced from $800. Compass Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $980. Here are the most affordable Parkway South apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Compass PointeA11BR,1BA$980
Constellation RanchA11BR,1BA$980
ReNew HeightsBrown1BR,1BA$1,039
ReNew Highland ParkBentley1BR,1BA$1,099

Best Value Apartments for Rent in Parkway South, TX

As of March 04, 2026 the best value apartment in the Parkway South area is the $1.51 price per square foot 3-60 Model at Sterling Springs Villas in the in the Kelview Heights neighborhood starting from $1,663. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sterling Springs Villas3-603BR,2BA$1.51
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
The Azure Apartment Homes1 Bedroom 1 Bathroom Market1BR,1BA$1.83
Palladium Midland ApartmentsA11BR,1BA$1.51
ReNew Highland ParkBentley1BR,1BA$1.47
Compass PointeA11BR,1BA$1.34
Constellation RanchA11BR,1BA$1.38
ReNew HeightsBrown1BR,1BA$1.54
FLATZ 432Studio 528Studio ,1BA$2.31

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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Pet Friendly Lifestyle
Parkway South, Midland, TX

Ranked #39

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Parkway South Apartments

What is the Cheapest Studio apartment in Parkway South?

Currently the most affordable Cheap Studio Apartment in Parkway South is at FLATZ 432 listed at $1,219.

How much is rent for a Cheap One Bedroom Parkway South Apartment?

The lowest price for a Cheap One Bedroom Parkway South Apartment is $800 at Pinehurst Apartments.

What is the lowest price for a Cheap Two Bedroom Parkway South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parkway South is starting from $950 at Pinehurst Apartments.

What is the most affordable Parkway South Three Bedroom Apartment?

The best deal on a cheap Parkway South Three Bedroom Apartment rental is at Constellation Ranch and starts from $1,292.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.