
Cheap Apartments for Rent in the Parkway Terrace Neighborhood of Tucson, AZ from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway Terrace area of Tucson.


Villas Las Mandarinas

The Retro Apartments

2442 S Edmondson Ave
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.

Capistrano

Herbert Residential

233 E 31st St, Unit 1 Bedroom Apartment

One North Fifth

Country Club Apartments

Cottonwood Creek
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Fresh new look at Orange Blossom Apartments!
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $1,195 | $675 | $2,400 |
Parkway Terrace 1 Bedroom Apartments | $1,397 | $560 | $2,385 |
Parkway Terrace 2 Bedroom Apartments | $1,775 | $440 | $2,750 |
Parkway Terrace 3 Bedroom Apartments | $1,452 | $625 | $3,600 |
Parkway Terrace 4 Bedroom Apartments | $2,194 | $815 | $4,400 |
Browse Apartments in this Neighborhood
There are currently 39 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 $699. 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 | $699 |
The Retro Apartments | CALL OR SCHEDULE YOUR TOUR TODAY... WALK-INS AL... | Studio,1BA | $749 |
Del Rey Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $850 |
3649 E 3rd St | Casa Blanca | 1BR,1BA | $850 |
La Racqueta | Classis | 1BR,1BA | $875 |
Fresh new look at Orange Blossom Apartments! | 1BR/1.0BA | 1BR,1BA | $875 |
Welcome to The Flats Downtown! | 1Stu | Studio,1BA | $899 |
Capistrano | Studio | Studio,1BA | $929 |
Herbert Residential | Studio | Studio,1BA | $945 |
Best Value Apartments for Rent in Parkway Terrace, AZ
As of May 23, 2025 the best value apartment in the Parkway Terrace area is the $0.53 price per square foot Bloomfield 4x4 Model at Cottages at Tucson in the in the South Tucson neighborhood starting from $1,059. The second greatest value Parkway Terrace apartment is the 3x3 - Chelsea Model at The Mark Tucson starting at $1,400 with a $1.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cottages at Tucson | Bloomfield 4x4 | 4BR,4BA | $0.53 |
The Mark Tucson | 3x3 - Chelsea | 3BR,3BA | $1.11 |
Cottonwood Creek | One Bedroom | 1BR,1BA | $1.10 |
Del Rey Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.00 |
Riata Court Apartments | 2 Bedroom / 2 Bath | 2BR,2BA | $0.82 |
The District on 5th | 2x2 | 2BR,2BA | $1.68 |
233 E 31st St, Unit 1 Bedroom Apartment | 233 E 31st St | 1BR,1BA | $1.36 |
3649 E 3rd St | Casa Blanca | 1BR,1BA | $1.42 |
Fresh new look at Orange Blossom Apartments! | 1BR/1.0BA | 1BR,1BA | $1.46 |
La Racqueta | Classis | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
How much rent can you afford?
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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 $945.
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 $799, while the average apartment in Parkway Terrace costs $6,800.
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 124 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 $869 which is $5,931 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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.