Cheap Apartments for Rent in the Parkway Terrace Neighborhood of Tucson, AZ from $400 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkway Terrace area of Tucson.

Tucson Apartments: Top Neighborhoods for U of A & Pima College Student Renters

Find your perfect Tucson apartment! Get the short list of the safest, most affordable neighborhoods near U of A, PCC West, and PCC East, compiled by our 25-year local expert, Larry Allen.

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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.

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Borden Court
Studio to 3 Bedroom Apartments

Borden Court

231 E 33rd StTucson, AZ 85713
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Spanish Trail Suites
Studio Apartments

Spanish Trail Suites

305 E Benson HwyTucson, AZ 85713
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Miramonte at Third
Studio to 3 Bedroom Apartments

Miramonte at Third

811 N Alvernon WayTucson, AZ 85711
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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.

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Parkview Manor
1 to 3 Bedroom Apartments

Parkview Manor

455 S Irving AveTucson, AZ 85711
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Cherry Park Studios
Studio to 3 Bedroom Apartments

Cherry Park Studios

222 S Cherry AveTucson, AZ 85719
Student Housing
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Del Rey Apartments
Studio to 2 Bedroom Apartments

Del Rey Apartments

840 N Alvernon WayTucson, AZ 85711

Tucson's Best Affordable Neighborhoods

Learn about Tucson and the best places to live with original content written by our Local Expert Larry Allen

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Cielo on 5th
Studio to 3 Bedroom Apartments

Cielo on 5th

3727 E 5th StTucson, AZ 85716
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Don Martin Apartments
Studio to 2 Bedroom Apartments

Don Martin Apartments

605 E 9th StTucson, AZ 85705
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Park Avenue Apartments
Studio Apartments

Park Avenue Apartments

215 N Park AveTucson, AZ 85719
Corporate Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Cabana Bridges
Studio to 2 Bedroom Apartments

Cabana Bridges

1102 E 36th StTucson, AZ 85713
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Ocotillo Apartments
1 to 3 Bedroom Apartments

Ocotillo Apartments

4098 E 29th StTucson, AZ 85711
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Showing Results 1-49, Page 1 of 1

Parkway Terrace, Tucson, AZ Local Guide

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 Del Rey Apartments priced from $650. Miramonte Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Parkway Terrace apartments for rent in Tucson, AZ:

Apartment ListingModel NameBed/BathPriced From
Del Rey ApartmentsStudio, 1 BathroomStudio,1BA$650
Miramonte ApartmentsStudioStudio,1BA$665
Junction at IronhorseD14BR,4BA$699
Villas Las MandarinasStudioStudio,1BA$699
Royal ElCon Apartments1x11BR,1BA$708
The RetroCALL OR SCHEDULE YOUR TOUR TODAY... WALK-INS AL...Studio,1BA$749
Randolph Place Apartments1 Beds, 1 Baths1BR,1BA$775
Campus Crossings on 8th Street2 Bedroom 2 Bathroom2BR,2BA$795
Sheraton Arms Apartments1x1 Upstairs1BR,1BA$795
Garden Lofts on PresidentStudioStudio,1BA$797

Best Value Apartments for Rent in Parkway Terrace, AZ

As of January 27, 2026 the best value apartment in the Parkway Terrace area is the $1.36 price per square foot 3/2.25 Model at Brioso at the Bridges in the in the South Park neighborhood starting from $1,949. The second greatest value Parkway Terrace apartment is the Milledge 3x3 Model at Cottages at Tucson starting at $1,334 with a $0.96 price per square foot in the South Tucson neighborhood. Here is today’s list of the best values for Parkway Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brioso at the Bridges3/2.253BR,2.25BA$1.36
Cottages at TucsonMilledge 3x33BR,3BA$0.96
Del Rey Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.30
The Mark Tucson3x3 - Camden3BR,3BA$1.10
Cottonwood CreekOne Bedroom1BR,1BA$1.17
La RacquetaClassic2BR,2BA$1.24
Westwood Apartments2 Bedroom 1 Bath - 260472BR,1BA$1.23
Riata Court Apartments2 Bedroom / 2 Bath2BR,2BA$0.85
Royal ElCon Apartments1x11BR,1BA$1.18
Highland Park Apartments1 Beds, 1 Baths1BR,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.

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The 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.

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Cash 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.

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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.

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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!

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 $797.

What is the price of a cheap apartment in Parkway Terrace?

The cheapest apartment in Parkway Terrace is Royal ElCon Apartments which is listed at $708, while the average apartment in Parkway Terrace costs $18,700.

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 214 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 $1,223 which is $17,477 cheaper than the average rent for all rentals in Parkway Terrace.

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

decorative image for A Long-Time Residents Inside Review of the Top 5 Affordable Neighborhoods for Renting in Tucson, AZ article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.