Cheap Apartments for Rent in the University Park Neighborhood of Midland, TX from $550 (28 Rentals)

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

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601 George Ave
$1,000 - $1,500
Total Monthly Price

Total Monthly Price

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$1,000 - $1,500
Total Monthly Price
$1,000 - $1,500
1 to 3 Bedroom Apartments Available Now

601 George Ave

601 George AveMidland, TX 79705
Cost Per Sq.Ft.
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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

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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Avalon Springs
1 to 2 Bedroom Apartments

Avalon Springs

4000 W Illinois AveMidland, TX 79703
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Midway Station
1 to 2 Bedroom Apartments

Midway Station

3700 N A StMidland, TX 79705

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 1-28, Page 1 of 1

University Park, Midland, TX Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in the University Park area of Midland, TX is a 3 Beds unit found at Palladium Museum Place priced from $794. Pinehurst Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable University Park apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Palladium Museum PlaceC13BR,2BA$794
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$800
Alturas Andrews1 BR x 1 BA1BR,1BA$889
Avalon Springs1x1 A1BR,1BA$900
601 George Ave1 Bedroom1BR,1BA$1,000
ReNew Highland Park1 Bed 1 Bath A1BR,1BA$1,059
ReNew Heights1 BR x 1 BA - A1BR,1BA$1,089
ReNew Hyde Park1 Bed 1 Bath B1BR,1BA$1,119
Cedar Elm ApartmentsTownhome2BR,1BA$1,200
Cypress PointeLarge 1 Bedroom with Den1BR,1BA$1,239

Best Value Apartments for Rent in University Park, TX

As of August 23, 2026 the best value apartment in the University Park area is the $1.10 price per square foot 2 Bedroom 2 Bathroom Model at Regency Apartments in the in the Wadley Heights neighborhood starting from $2,200. The second greatest value University Park apartment is the E-B2 Model at Enclave starting at $1,927 with a $1.57 price per square foot in the Wadley Heights neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regency Apartments2 Bedroom 2 Bathroom2BR,2BA$1.10
EnclaveE-B22BR,2BA$1.57
601 George Ave2 Bedroom2BR,2BA$1.08
The MidkiffB12BR,2BA$1.20
Cedar Elm ApartmentsTownhome2BR,1.5BA$1.17
Delmar VillasDV-A21BR,1.5BA$1.60
Pinehurst ApartmentsOne Bedroom - One Bathroom1BR,1BA$1.01
ReNew Highland Park1 Bed 1 Bath A1BR,1BA$1.41
ReNew Heights1 BR x 1 BA - A1BR,1BA$1.62
Avalon Springs1x1 A1BR,1BA$1.48

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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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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Pet Friendly Lifestyle
University Park, Midland, TX

Ranked #35

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
University Park, Midland, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap University Park Apartments

How much is rent for a Cheap One Bedroom University Park Apartment?

The lowest price for a Cheap One Bedroom University Park Apartment is $800 at Pinehurst Apartments.

What is the lowest price for a Cheap Two Bedroom University Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University Park is starting from $912 at Palladium Museum Place.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.