
Cheap Apartments for Rent in the Parkway Terrace Neighborhood of Tucson, AZ from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway Terrace area of Tucson.


Villas Las Mandarinas

528 N 2nd Ave

The Retro Apartments

2442 S Edmondson Ave

933 E Florita St

Capistrano

Herbert Residential

Country Club Apartments

3702 E 22nd St
Parkway Terrace, Tucson, AZ Local Guide

How much does it cost to rent an apartment in Parkway Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkway Terrace Studio Apartments | $1,403 | $649 | $2,375 |
Parkway Terrace 1 Bedroom Apartments | $1,404 | $560 | $2,185 |
Parkway Terrace 2 Bedroom Apartments | $1,702 | $440 | $2,750 |
Parkway Terrace 3 Bedroom Apartments | $1,663 | $625 | $3,600 |
Parkway Terrace 4 Bedroom Apartments | $1,913 | $675 | $4,400 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Parkway Terrace Neighborhood of Tucson, AZ.
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Parkway Terrace, Tucson, AZ Local Guide
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Cheapest Available Parkway Terrace Apartments for Rent
 The cheapest available apartment rental in the Parkway Terrace area of Tucson, AZ is a Studio unit found at Villas Las Mandarinas priced from $649. The Retro Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Parkway Terrace apartments for rent in Tucson, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Villas Las Mandarinas | Studio | Studio,1BA | $649 |
The Retro Apartments | CALL OR SCHEDULE YOUR TOUR TODAY... WALK-INS AL... | Studio,1BA | $749 |
Fresh new look at Orange Blossom Apartments! | 0BR/1.0BA | Studio,1BA | $750 |
Del Rey Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $850 |
3649 E 3rd St | Casa Blanca | 1BR,1BA | $850 |
La Racqueta | Classic | 1BR,1BA | $875 |
One North Fifth | Studio Loft | Studio,1BA | $890 |
Herbert Residential | Studio | Studio,1BA | $919 |
Country Club Apartments | Studio - Small | Studio,1BA | $944 |
Highland Park Apartments | 2 Beds, 1 Baths | 2BR,1BA | $995 |
Best Value Apartments for Rent in Parkway Terrace, AZ
As of July 25, 2025 the best value apartment in the Parkway Terrace area is the $0.31 price per square foot Belmont 6x6 Model at Cottages at Tucson in the in the South Tucson neighborhood starting from $749. The second greatest value Parkway Terrace apartment is the 4 Bedroom / 4 Bath Model at Riata Court Apartments starting at $669 with a $0.51 price per square foot in the Sam Hughes neighborhood. Here is today’s list of the best values for Parkway Terrace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cottages at Tucson | Belmont 6x6 | 6BR,6BA | $0.31 |
Riata Court Apartments | 4 Bedroom / 4 Bath | 4BR,4BA | $0.51 |
The Mark Tucson | 3x3 - Chelsea | 3BR,3BA | $1.11 |
Cottonwood Creek | Two Bedroom | 2BR,2BA | $1.09 |
Del Rey Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.00 |
Capistrano | 2 Bedroom 1 Bath | 2BR,1BA | $1.49 |
Highland Park Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.39 |
BROADMOOR | 2X1 | 2BR,1BA | $1.48 |
3649 E 3rd St | Casa Blanca | 1BR,1BA | $1.42 |
La Racqueta | Classic | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Parkway Terrace, Tucson, and the greater Tucson area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Parkway Terrace Neighborhood in Tucson, AZ
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
92 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Parkway Terrace Apartments
What is a cheap apartment in Parkway Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkway Terrace is under $995.
What is the price of a cheap apartment in Parkway Terrace?
The cheapest apartment in Parkway Terrace is Villas Las Mandarinas which is listed at $729, while the average apartment in Parkway Terrace costs $1,797.
What types of apartments are the cheapest in Parkway Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 207 regular apartments in Parkway Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parkway Terrace?
Cheap apartments in Parkway Terrace have an average cost of $986 which is $811 cheaper than the average rent for all rentals in Parkway Terrace.
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.

A Long-Time Residents Inside Review of the Top 5 Affordable Neighborhoods for Renting in Tucson, AZ
Written by: Larry Allen
I'm Larry, a long-time local resident, and I'm happy to be your ApartmentHomeLiving.com Local Expert for Tucson, AZ. I moved here with my family in 1997 for a job transfer from the Midwest.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.