
Cheap Apartments for Rent in the Permian Estates Neighborhood of Midland, TX from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Permian Estates area of Midland.


Alturas Andrews

Avalon Springs

ReNew Scotsdale

ReNew Midland

Monaco

Cypress Pointe
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.

The Midkiff

Town & Country Apartments

Windgate

The Ranch At Midland

West Park Apts, 50% OFF FIRST MONTH'S RENT!

Zara Apartments

Gateway Plaza Apartments
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.
Permian Estates, Midland, TX Local Guide

How much does it cost to rent an apartment in Permian Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Permian Estates Studio Apartments | $997 | $930 | $1,049 |
| Permian Estates 1 Bedroom Apartments | $1,220 | $800 | $1,855 |
| Permian Estates 2 Bedroom Apartments | $1,488 | $1,049 | $2,390 |
| Permian Estates 3 Bedroom Apartments | $2,278 | $1,365 | $2,650 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Permian Estates Neighborhood of Midland, TX.
See all Apartments in MidlandExplore Midland
Permian Estates, Midland, TX Local Guide
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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 Mosaic priced from $800. The Ranch At Midland has the second lowest priced unit, which is a 1 Bed apartment currently listed from $883. Here are the most affordable Permian Estates apartments for rent in Midland, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mosaic | Efficiency 390Sqft | 1BR,1BA | $800 |
| The Ranch At Midland | B | 1BR,1BA | $883 |
| Alturas Andrews | Altitude | 1BR,1BA | $895 |
| Avalon Springs | 1x1 A | 1BR,1BA | $899 |
| ReNew Midland | Pecos LURA 50 | 1BR,1BA | $935 |
Best Value Apartments for Rent in Permian Estates, TX
As of January 07, 2026 the best value apartment in the Permian Estates area is the $0.91 price per square foot B1 Model at The Midkiff in the in the Wadley Heights neighborhood starting from $999. The second greatest value Permian Estates apartment is the Musgraves Model at ReNew Sinclair starting at $1,545 with a $1.63 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Midkiff | B1 | 2BR,2BA | $0.91 |
| ReNew Sinclair | Musgraves | 2BR,1.5BA | $1.63 |
| ReNew Andrews | Stapleton | 2BR,1BA | $1.55 |
| ReNew Andrews I & II | Stapleton | 2BR,1BA | $1.55 |
| The Ranch At Midland | D | 2BR,2BA | $1.51 |
| Delmar Villas | A1 | 1BR,1BA | $1.63 |
| The Gardens at Midland | 1BF | 1BR,1BA | $1.57 |
| ReNew Scotsdale | Preston | 1BR,1BA | $1.68 |
| Merritt Monument | The Rock Hound | 1BR,1BA | $1.67 |
| Avalon Springs | 1x1 A | 1BR,1BA | $1.47 |
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.
Pet Friendly LifestylePermian Estates, Midland, TX
Ranked #29
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 Mosaic which is listed at $800, while the average apartment in Permian Estates costs $2,530.
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 12 regular apartments in Permian Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Permian Estates?
Cheap apartments in Permian Estates have an average cost of $203 which is $2,327 cheaper than the average rent for all rentals in Permian Estates.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!