
Cheap Homes for Rent in the Permian Estates Neighborhood of Midland, TX from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Permian Estates area of Midland.


3007 W Louisiana Ave, Unit 15

3214 W Kansas Ave
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.

3218 Thomas Ave

3311 Storey Ave

4403 Crockett Ave
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.

2619 Delano Ave
Permian Estates, Midland, TX Local Guide

How much does it cost to rent a home in Permian Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Permian Estates 2 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
| Permian Estates 3 Bedroom Homes for Rent | $2,031 | $1,600 | $2,599 |
| Permian Estates 4 Bedroom Homes for Rent | $4,837 | $2,350 | $8,000 |
| Permian Estates 6 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Permian Estates Neighborhood of Midland, TX.
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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 2 Beds unit found at Palladium Museum Place priced from $653. Whispering Oaks 1904 N. Midland has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Permian Estates apartments for rent in Midland, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palladium Museum Place | B1 | 2BR,2BA | $653 |
| Whispering Oaks 1904 N. Midland | 1 Bedroom, 1 full, 708 sqft | 1BR,1BA | $795 |
| ReNew Andrews I & II | 1 BR x 1 BA - A - Income-Restricted (50) | 1BR,1BA | $899 |
Best Value Apartments for Rent in Permian Estates, TX
As of July 08, 2026 the best value apartment in the Permian Estates area is the $1.40 price per square foot E-B5 Model at Enclave in the in the Wadley Heights neighborhood starting from $2,006. The second greatest value Permian Estates apartment is the B1W/DConn Model at The Midkiff starting at $1,400 with a $1.27 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. |
|---|---|---|---|
| Enclave | E-B5 | 2BR,2BA | $1.40 |
| The Midkiff | B1W/DConn | 2BR,2BA | $1.27 |
| Cypress Pointe | Medium 2 Bedroom | 2BR,2BA | $1.50 |
| Avanti Townhomes | 2 Bedroom 2 Bath | 2BR,2BA | $1.53 |
| Merritt Monument | The Midlander | 2BR,1BA | $1.52 |
| Delmar Villas | DV-A1 | 1BR,1BA | $1.57 |
| Mosaic | 1Bed 1Bath_778Sqft | 1BR,1BA | $1.32 |
| Westridge Senior Apartments | A1 | 1BR,1BA | $1.52 |
| Whispering Oaks 1904 N. Midland | 1 Bedroom, 1 full, 708 sqft | 1BR,1BA | $1.12 |
| Avalon Springs | 1x1 A | 1BR,1BA | $1.56 |
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 ArticleReal 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.
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 #30
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Permian Estates
What type of rentals are currently available in Permian Estates?
There are currently 47 Apartments for Rent in Permian Estates, TX with pricing that ranges from $800 to $2,794. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Permian Estates ranging from $1,500 to $8,000.
What is the current price range for Rental Homes in Permian Estates?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Permian Estates ranges from $1,500 to $8,000 with an average monthly rent of $3,717.
How much are larger Three and Four Bedroom Rentals in Permian Estates?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Permian Estates range from $1,375 to $2,590, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,599. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $1,749.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.