Cheap Homes for Rent in Permian Estates Neighborhood of Midland, TX from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Permian Estates area of Midland.

3505 Gulf 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.

3406 Sycamore Ave

304 Kessler Ave
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 a home in Permian Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Permian Estates 3 Bedroom Homes for Rent | $2,341 | $1,900 | $3,000 |
| Permian Estates 4 Bedroom Homes for Rent | $4,050 | $2,100 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Permian Estates Neighborhood of Midland, TX.
Explore Midland
Permian Estates, Midland, TX Local Guide
- Nearby Midland neighborhoods
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Best Value Apartments for Rent in Permian Estates, TX
As of January 02, 2026 the best value apartment in the Permian Estates area is the $1.09 price per square foot C1 Model at The Midkiff in the in the Wadley Heights neighborhood starting from $1,540. The second greatest value Permian Estates apartment is the Musgraves Model at ReNew Sinclair starting at $1,500 with a $1.58 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 | C1 | 3BR,2BA | $1.09 |
| ReNew Sinclair | Musgraves | 2BR,1.5BA | $1.58 |
| 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 |
| Mosaic | 1Bed 1Bath_778Sqft | 1BR,1BA | $1.32 |
| The Gardens at Midland | 1BF | 1BR,1BA | $1.57 |
| 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
Frequently Asked Questions about Permian Estates
What type of rentals are currently available in Permian Estates?
There are currently 46 Apartments for Rent in Permian Estates, TX with pricing that ranges from $895 to $2,490. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Permian Estates ranging from $1,400 to $6,000.
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 $1,400 to $6,000 with an average monthly rent of $2,597.
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!
