Cheap Apartments for Rent in the Permian Estates Neighborhood of Midland, TX from $500 (35 Rentals)

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

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.

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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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property at 3000 W Illinois Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3000 W Illinois Ave

MidlandTX79701
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Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701

Cash 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.

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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
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Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703
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Avalon Springs
1 to 2 Bedroom Apartments

Avalon Springs

4000 W Illinois AveMidland, TX 79703
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Avanti Townhomes
1 to 3 Bedroom Apartments

Avanti Townhomes

2301 Cotton Flat RdMidland, TX 79701

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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Le Mirage
1 to 3 Bedroom Apartments

Le Mirage

5001 W Wadley AveMidland, TX 79707
Family Friendly
Showing Results 1-35, Page 1 of 1

Permian Estates, Midland, TX Local Guide

Cheapest Available Permian Estates Apartments for Rent

 

The cheapest available apartment rental in the Permian Estates area of Midland, TX is a 1 Bed unit found at Whispering Oaks 1904 N. Midland priced from $795. Mosaic has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Permian Estates apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Whispering Oaks 1904 N. Midland1 Bedroom, 1 full, 708 sqft1BR,1BA$795
MosaicEfficiency 390Sqft1BR,1BA$800
ReNew Andrews I & IIAldean Rent Control VLI1BR,1BA$879
ReNew AndrewsAldean Rent Control VLI1BR,1BA$879
Alturas Andrews1 BR x 1 BA1BR,1BA$919
Cypress PointeSmall 1 Bedroom1BR,1BA$925
ReNew Scotsdale1 Bed 1 Bath A1BR,1BA$979
Avalon Springs1x1 A1BR,1BA$1,025
ReNew Midland1 Bed 1 Bath B Rent Control VLI1BR,1BA$1,049
Westridge Senior ApartmentsA11BR,1BA$1,077

Best Value Apartments for Rent in Permian Estates, TX

As of June 02, 2026 the best value apartment in the Permian Estates area is the $1.29 price per square foot DV-B2 Model at Delmar Villas in the in the Gardens neighborhood starting from $1,796. The second greatest value Permian Estates apartment is the E-B3 Model at Enclave starting at $1,867 with a $1.37 price per square foot in the Wadley Heights neighborhood. Here is today’s list of the best values for Permian Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Delmar VillasDV-B22BR,2BA$1.29
EnclaveE-B32BR,2BA$1.37
The MidkiffB12BR,2BA$1.20
Whispering Oaks 1904 N. Midland2 Bedrooms, 2 full, 951 sqft2BR,2BA$1.26
Avanti Townhomes2 Bedroom 2 Bath2BR,2BA$1.52
Merritt MonumentThe Midlander2BR,1BA$1.52
Westridge Senior ApartmentsA11BR,1BA$1.52
The Gardens at Midland1BF1BR,1BA$1.57
Cypress PointeSmall 1 Bedroom1BR,1BA$1.54
ReNew AndrewsAldean Rent Control LI1BR,1BA$1.62

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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Real 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.

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Quick 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 Lifestyle
Permian Estates, Midland, TX

Ranked #30

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Permian Estates, Midland, and the greater Midland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Permian Estates Apartments

What is the price of a cheap apartment in Permian Estates?

The cheapest apartment in Permian Estates is Whispering Oaks 1904 N. Midland which is listed at $795, while the average apartment in Permian Estates costs $2,189.

What types of apartments are the cheapest in Permian Estates?

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 5 regular apartments in Permian Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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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.

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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.

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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.