Cheap Apartments for Rent in the Permian Estates Neighborhood of Midland, TX from $550 (32 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701
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Cypress Pointe
Studio to 2 Bedroom Apartments

Cypress Pointe

3601 Andrews HwyMidland, 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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Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
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Avanti Townhomes
1 to 3 Bedroom Apartments

Avanti Townhomes

2301 Cotton Flat RdMidland, 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.

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Showing Results 1-32, 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 ReNew Scotsdale priced from $879. Alturas Andrews has the second lowest priced unit, which is a 1 Bed apartment currently listed from $879. Here are the most affordable Permian Estates apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
ReNew ScotsdaleStudio - A1BR,1BA$879
Alturas Andrews1 BR x 1 BA1BR,1BA$879
Avalon Springs1x1 A1BR,1BA$910
The Ranch At MidlandB1BR,1BA$939
Palladium Museum PlaceA11BR,1BA$973
ReNew Andrews1 BR x 1 BA - A1BR,1BA$979
ReNew Andrews I & II1 BR x 1 BA - A1BR,1BA$979
ReNew Sinclair1 BR x 1 BA with W/D - A1BR,1BA$1,064
Westridge Senior ApartmentsA11BR,1BA$1,077
The Gardens at Midland1BF1BR,1BA$1,083

Best Value Apartments for Rent in Permian Estates, TX

As of September 14, 2026 the best value apartment in the Permian Estates area is the $1.54 price per square foot E-B2 Model at Enclave in the in the Wadley Heights neighborhood starting from $1,890. The second greatest value Permian Estates apartment is the B1 Model at The Midkiff starting at $1,325 with a $1.20 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.
EnclaveE-B22BR,2BA$1.54
The MidkiffB12BR,2BA$1.20
Mosaic2Bed 2Bath_1020Sqft2BR,2BA$1.15
Delmar VillasDV-A21BR,1.5BA$1.57
Whispering Oaks 1904 N. Midland2 Bedrooms, 2 full, 951 sqft2BR,2BA$1.26
Avanti Townhomes2 Bedroom 2 Bath2BR,2BA$1.33
The Ranch At MidlandD2BR,2BA$1.55
Westridge Senior ApartmentsA11BR,1BA$1.52
The Gardens at Midland1BF1BR,1BA$1.55
Avalon Springs1x1 A1BR,1BA$1.49

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 ReNew Scotsdale which is listed at $879, while the average apartment in Permian Estates costs $1,355.

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 3 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.