Cheap Apartments for Rent in the Parkway Terrace Neighborhood of Tucson, AZ from $400 (47 Rentals)

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

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.

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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.

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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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Equinox Apartments
1 to 3 Bedroom Apartments

Equinox Apartments

3727 E 5th StTucson, AZ 85716
  • Utilities Included

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.

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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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Showing Results 1-47, 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 Villas Las Mandarinas priced from $725. 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$725
The Retro ApartmentsCALL OR SCHEDULE YOUR TOUR TODAY... WALK-INS AL...Studio,1BA$749
Del Rey Apartments1 Bedroom, 1 Bathroom1BR,1BA$850
3649 E 3rd StCasa Blanca1BR,1BA$850
La Racqueta1 Bed 1 Bath1BR,1BA$875
Welcome to The Flats Downtown!1StuStudio,1BA$925
CapistranoStudioStudio,1BA$929
Country Club ApartmentsStudio - SmallStudio,1BA$969
Fresh new look at Orange Blossom Apartments!1BR/1.0BA1BR,1BA$975

Best Value Apartments for Rent in Parkway Terrace, AZ

As of May 15, 2025 the best value apartment in the Parkway Terrace area is the $0.47 price per square foot Courtyard 4x4 Model at Cottages at Tucson in the in the South Tucson neighborhood starting from $899. The second greatest value Parkway Terrace apartment is the Park -4Bedroom 2Bathroom Model at The Park starting at $895 with a $0.68 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.
Cottages at TucsonCourtyard 4x44BR,4BA$0.47
The ParkPark -4Bedroom 2Bathroom4BR,2BA$0.68
The Mark Tucson3x3 - Chelsea3BR,3BA$1.11
2009 E 7th St, Unit 20092009 E 7th St2BR,2BA$1.50
Cottonwood CreekOne Bedroom1BR,1BA$1.10
Del Rey Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.00
Riata Court Apartments2 Bedroom / 2 Bath2BR,2BA$0.82
233 E 31st St, Unit 1 Bedroom Apartment233 E 31st St1BR,1BA$1.36
3649 E 3rd StCasa Blanca1BR,1BA$1.42
La Racqueta1 Bed 1 Bath1BR,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 $975.

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 125 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 $855 which is $5,945 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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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