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$1,0592 Bedroom Apartments Available Now
3007 W Louisiana Ave, Unit 07
3007 W Louisiana AveMidland, TX 79701
Cheap Homes for Rent in Parkway South Neighborhood of Midland, TX from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkway South area of Midland.
3000 W Illinois Ave
MidlandTX79701
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$1,1102 Bedroom Apartments Available Now
3007 W Louisiana Ave, Unit 13
3007 W Louisiana AveMidland, TX 79701
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.
1104 N Carrizo St
MidlandTX79701
710 Storey Ave, Unit 710a Storey Ave, Unit 710a Storey Ave
710 Storey Ave
MidlandTX79701
805 S Weatherford St
MidlandTX79701
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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Parkway South, Midland, TX Local Guide
How much does it cost to rent a home in Parkway South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway South 2 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
| Parkway South 3 Bedroom Homes for Rent | $2,267 | $1,600 | $2,699 |
| Parkway South 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Parkway South 7 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Parkway South Neighborhood of Midland, TX.
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Parkway South, Midland, TX Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinehurst Apartments | One Bedroom - One Bathroom | 1BR,1BA | $800 |
| Compass Pointe | A1 | 1BR,1BA | $980 |
| Constellation Ranch | A1 | 1BR,1BA | $980 |
Best Value Apartments for Rent in Parkway South, TX
As of April 18, 2026 the best value apartment in the Parkway South area is the $1.08 price per square foot 2 Bedroom Model at 601 George Ave in the in the Wadley Heights neighborhood starting from $1,300. 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. |
|---|---|---|---|
| 601 George Ave | 2 Bedroom | 2BR,2BA | $1.08 |
| Cedar Elm Apartments | Townhome | 2BR,1.5BA | $1.17 |
| Pinehurst Apartments | One Bedroom - One Bathroom | 1BR,1BA | $1.01 |
| ReNew Heights | 1 Bed 1 Bath B | 1BR,1BA | $1.44 |
| The Azure Apartment Homes | 1 Bedroom 1 Bathroom Market | 1BR,1BA | $1.83 |
| Palladium Midland Apartments | A1 | 1BR,1BA | $1.51 |
| ReNew Highland Park | 1 Bed 1 Bath A | 1BR,1BA | $1.41 |
| Compass Pointe | A1 | 1BR,1BA | $1.34 |
| Constellation Ranch | A1 | 1BR,1BA | $1.38 |
| Sterling Springs Villas | 1-50 | 1BR,1BA | $1.51 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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Pet Friendly LifestyleParkway South, Midland, TX
Ranked #39
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Parkway South
What type of rentals are currently available in Parkway South?
There are currently 39 Apartments for Rent in Parkway South, TX with pricing that ranges from $573 to $2,539. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway South ranging from $1,100 to $6,500.
What is the current price range for Rental Homes in Parkway South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway South ranges from $1,100 to $6,500 with an average monthly rent of $2,773.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.
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.