3104 W Kansas Ave
MidlandTX79701
Cheap Homes for Rent in the Wallace Heights Neighborhood of Midland, TX from $1,050 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Wallace Heights area of Midland.
4412 St Andrews Dr
MidlandTX79707
707 Devonian Dr
MidlandTX79703
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.
710 Ruby Dr
MidlandTX79703
4422 Fairgate Dr
MidlandTX79707
609 Howard Dr
MidlandTX79703
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.
Showing Results 1-6, Page 1 of 1
Wallace Heights, Midland, TX Local Guide
How much does it cost to rent a home in Wallace Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Heights 2 Bedroom Homes for Rent | $1,250 | $1,050 | $1,450 |
| Wallace Heights 3 Bedroom Homes for Rent | $2,513 | $2,000 | $3,200 |
| Wallace Heights 4 Bedroom Homes for Rent | $3,680 | $1,900 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Wallace Heights Neighborhood of Midland, TX.
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Wallace Heights, Midland, TX Local Guide
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Cheapest Available Wallace Heights Apartments for Rent
The cheapest available apartment rental in the Wallace Heights area of Midland, TX is a 1 Bed unit found at Santa Fe Apartments priced from $800. Alturas Andrews has the second lowest priced unit, which is a 1 Bed apartment currently listed from $889. Here are the most affordable Wallace Heights apartments for rent in Midland, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Apartments | 1 Bedroom w/o W/D connections | 1BR,1BA | $800 |
| Alturas Andrews | 1 BR x 1 BA | 1BR,1BA | $889 |
| ReNew Scotsdale | Studio | Studio,1BA | $889 |
Best Value Apartments for Rent in Wallace Heights, TX
As of August 23, 2026 the best value apartment in the Wallace Heights area is the $1.20 price per square foot B1 Model at The Midkiff in the in the Wadley Heights neighborhood starting from $1,325. The second greatest value Wallace Heights apartment is the 2 Bedroom Apartment Home Model at Meridian starting at $1,275 with a $1.19 price per square foot in the Fairmont Park neighborhood. Here is today’s list of the best values for Wallace Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Midkiff | B1 | 2BR,2BA | $1.20 |
| Meridian | 2 Bedroom Apartment Home | 2BR,2.5BA | $1.19 |
| Mosaic | 2Bed 2Bath_1020Sqft | 2BR,2BA | $1.15 |
| ReNew Holiday Hill® | Loretta | 2BR,2BA | $1.46 |
| Westridge Senior Apartments | A1 | 1BR,1BA | $1.52 |
| Santa Fe Apartments | 1 Bedroom with W/D connections | 1BR,1BA | $1.29 |
| Trinity Place | 1x1 | 1BR,1BA | $1.51 |
| The Gardens at Midland | 1BF | 1BR,1BA | $1.55 |
| Merritt Monument | The Western | 1BR,1BA | $1.46 |
| Avalon Springs | 1x1 A | 1BR,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 LifestyleWallace Heights, Midland, TX
Ranked #12
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Wallace Heights, Midland, TX
School data provided by Great Schools
Frequently Asked Questions about Wallace Heights
What type of rentals are currently available in Wallace Heights?
There are currently 58 Apartments for Rent in Wallace Heights, TX with pricing that ranges from $789 to $2,859. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace Heights ranging from $1,050 to $6,000.
What is the current price range for Rental Homes in Wallace Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallace Heights ranges from $1,050 to $6,000 with an average monthly rent of $2,716.
How much are larger Three and Four Bedroom Rentals in Wallace Heights?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallace Heights range from $1,375 to $2,859, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,900 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
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.
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.
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.
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.