1115 Andrews Hwy
MidlandTX79701
Cheap Homes for Rent in Wallace Heights Neighborhood of Midland, TX from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Wallace Heights area of Midland.
4725 Crockett Ave
MidlandTX79703
2507 Haynes Ave
MidlandTX79705
4519 Fairgate Dr
MidlandTX79707
3810 Monty Dr
MidlandTX79703
4325 Princeton Ave
MidlandTX79703
3606 Tanner Dr
MidlandTX79703
5209 Graceland Dr
MidlandTX79703
3324 Fannin Ave
MidlandTX79707
Showing Results 1-9, 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 3 Bedroom Homes for Rent | $2,385 | $1,675 | $3,200 |
| Wallace Heights 4 Bedroom Homes for Rent | $4,050 | $3,200 | $6,000 |
| Wallace Heights 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Wallace Heights Neighborhood of Midland, TX.
Explore Midland
Wallace Heights, Midland, TX Local Guide
- Nearby Midland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 ReNew Fairmont Park priced from $790. ReNew Andrews I & II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable Wallace Heights apartments for rent in Midland, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ReNew Fairmont Park | Bradford LURA 50 | 1BR,1BA | $790 |
| ReNew Andrews I & II | Shelton Lura 50 | 1BR,1BA | $870 |
| ReNew Andrews | Shelton Lura 50 | 1BR,1BA | $870 |
Best Value Apartments for Rent in Wallace Heights, TX
As of November 17, 2025 the best value apartment in the Wallace Heights area is the $1.39 price per square foot 2 bedroom Apartment Home Model at Brighton Court in the in the Wadley Heights neighborhood starting from $2,033. The second greatest value Wallace Heights apartment is the Double Townhome Model at Las Colinas starting at $1,685 with a $1.37 price per square foot in the Wadley Heights 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. |
|---|---|---|---|
| Brighton Court | 2 bedroom Apartment Home | 2BR,2BA | $1.39 |
| Las Colinas | Double Townhome | 2BR,1.5BA | $1.37 |
| Enclave | 2 bedroom Apartment Home | 2BR,2BA | $1.43 |
| The Midkiff | 2/2 All Bills Paid | 2BR,2BA | $1.20 |
| ReNew Sinclair | Musgraves | 2BR,1.5BA | $1.46 |
| The Clusters | B1 | 2BR,2BA | $1.47 |
| Cornerstone Village | 2BD 2BA, sq ft 870 | 2BR,2BA | $1.48 |
| ReNew Hyde Park | Hill | 2BR,1.5BA | $1.36 |
| Santa Fe Apartments | 1 Bedroom with W/D connections | 1BR,1BA | $1.36 |
| Avalon Springs | 1x1 B | 1BR,1BA | $1.40 |
Quick 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.
Let everyone know!
Do you know the Wallace Heights area?
If you’re an expert on all things Wallace Heights, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleWallace Heights, Midland, TX
Ranked #15
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 57 Apartments for Rent in Wallace Heights, TX with pricing that ranges from $790 to $2,590. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace Heights ranging from $200 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 $200 to $6,000 with an average monthly rent of $2,583.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.