Cheap Apartments for Rent in the Parkway Terrace Neighborhood of Tucson, AZ from $400 (38 Rentals)

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

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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 2 Bedroom Apartments

Miramonte at Third

811 N Alvernon WayTucson, AZ 85711
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Parkview Manor
2 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
1 to 2 Bedroom Apartments

Del Rey Apartments

840 N Alvernon WayTucson, AZ 85711
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Equinox Apartments
1 to 3 Bedroom Apartments

Equinox Apartments

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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Ocotillo Apartments
1 to 3 Bedroom Apartments

Ocotillo Apartments

4098 E 29th StTucson, AZ 85711
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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 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 ListingModel NameBed/BathPriced From
Villas Las MandarinasStudioStudio,1BA$649
The Retro ApartmentsCALL OR SCHEDULE YOUR TOUR TODAY... WALK-INS AL...Studio,1BA$749
Fresh new look at Orange Blossom Apartments!0BR/1.0BAStudio,1BA$750
Del Rey Apartments1 Bedroom, 1 Bathroom1BR,1BA$850
3649 E 3rd StCasa Blanca1BR,1BA$850
La RacquetaClassic1BR,1BA$875
One North FifthStudio LoftStudio,1BA$890
Herbert ResidentialStudioStudio,1BA$919
Country Club ApartmentsStudio - SmallStudio,1BA$944
Highland Park Apartments2 Beds, 1 Baths2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cottages at TucsonBelmont 6x66BR,6BA$0.31
Riata Court Apartments4 Bedroom / 4 Bath4BR,4BA$0.51
The Mark Tucson3x3 - Chelsea3BR,3BA$1.11
Cottonwood CreekTwo Bedroom2BR,2BA$1.09
Del Rey Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.00
Capistrano2 Bedroom 1 Bath2BR,1BA$1.49
Highland Park Apartments2 Beds, 1 Baths2BR,1BA$1.39
BROADMOOR2X12BR,1BA$1.48
3649 E 3rd StCasa Blanca1BR,1BA$1.42
La RacquetaClassic1BR,1BA$1.47

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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

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.

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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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.

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

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.

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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.