Cheap Apartments for Rent in the Permian Estates Neighborhood of Midland, TX from $500 (11 Rentals)

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

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Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701
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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
Showing Results 1-11, 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 3 Beds unit found at Palladium Museum Place priced from $769. Merritt Monument has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Permian Estates apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Palladium Museum PlaceC13BR,2BA$769
Merritt MonumentThe PermianStudio,1BA$849
ReNew Andrews I & IIShelton Lura 501BR,1BA$870
ReNew AndrewsShelton Lura 501BR,1BA$870
Alturas AndrewsAltitude1BR,1BA$880

Best Value Apartments for Rent in Permian Estates, TX

As of November 16, 2025 the best value apartment in the Permian Estates area is the $1.00 price per square foot 2901 W Illinois Ave Model at 2901 W Illinois Ave, Unit B in the in the Gardens neighborhood starting from $1,599. The second greatest value Permian Estates apartment is the 2 bedroom Apartment Home Model at Brighton Court starting at $2,033 with a $1.39 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.
2901 W Illinois Ave, Unit B2901 W Illinois Ave2BR,2BA$1.00
Brighton Court2 bedroom Apartment Home2BR,2BA$1.39
Enclave2 bedroom Apartment Home2BR,2BA$1.43
The Midkiff2/2 All Bills Paid2BR,2BA$1.20
ReNew SinclairMusgraves2BR,1.5BA$1.46
Avanti Townhomes2 Bedroom 2 Bath2BR,2BA$1.50
ReNew AndrewsStapleton2BR,1BA$1.53
ReNew Andrews I & IIStapleton2BR,1BA$1.53
Westridge Senior ApartmentsA11BR,1BA$1.55
Avalon Springs1x1 B1BR,1BA$1.40

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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 Palladium Museum Place which is listed at $765, while the average apartment in Permian Estates costs $1,806.

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 13 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

Helpful Apartment Articles, How-To's and Tips

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.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.