Cheap Homes for Rent in the Parkway Terrace Neighborhood of Tucson, AZ from $700 (33 Rentals)

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

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property at 2039 E 8th St

$990 - $1,995

Studio To 2 Bedroom Rentals

Available Now

2039 E 8th St

TucsonAZ85719
property at 55 N Cherry Ave

$1,025 - $1,800

1 To 3 Bedroom Rentals

Available Now

55 N Cherry Ave

TucsonAZ85719
property at 1238 E 24th St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1238 E 24th St

TucsonAZ85713

Leverage a Local's Insider Knowledge: Discover Tucson, Arizona

Explore Renting in Tucson, AZ: where Spanish colonial history meets modern innovation. Get a local's guide to the University area, Barrio Viejo, and desert housing insights to help guide you on your Tucson apartment search!.

property at 55 N Cherry Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

55 N Cherry Ave, Unit 115

55 N Cherry Ave
TucsonAZ85719
property at 55 N Cherry Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

55 N Cherry Ave, Unit 203

55 N Cherry Ave
TucsonAZ85719
property at 3507 E 3rd St

$1,250 - $1,299

2 Bedroom Rentals

Available Now

3507 E 3rd St

TucsonAZ85716

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.

Cheapest Available Parkway Terrace Apartments for Rent

 

The cheapest available apartment rental in the Parkway Terrace area of Tucson, AZ is a 2 Beds unit found at Westwood Apartments priced from $495. 947 N Alvernon Way has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Parkway Terrace apartments for rent in Tucson, AZ:

Apartment ListingModel NameBed/BathPriced From
Westwood Apartments2 Bedroom 1 Bath - 648472BR,1BA$495
947 N Alvernon Way0 Beds, 1 BathsStudio,1BA$675
Cielo on 5thStudioStudio,1BA$695
Villas las Mandarinas DEStudio1BR,1BA$699
BroadmoorStudioStudio,1BA$749
The Palace ApartmentsStudioStudio,1BA$775
Montclair Apartments1x11BR,1BA$775
Country Club ApartmentsStudio - SmallStudio,1BA$779
The Retro1+1 Up1BR,1BA$849
Ocotillo Apartments1BR/1BA1BR,1BA$850

Best Value Apartments for Rent in Parkway Terrace, AZ

As of July 24, 2026 the best value apartment in the Parkway Terrace area is the $0.93 price per square foot Milledge 3x3 Model at Cottages at Tucson in the in the South Tucson neighborhood starting from $1,299. The second greatest value Parkway Terrace apartment is the 4x4 - Davenport Model at The Mark Tucson starting at $1,325 with a $0.99 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 TucsonMilledge 3x33BR,3BA$0.93
The Mark Tucson4x4 - Davenport4BR,4BA$0.99
Cottonwood CreekTwo Bedroom2BR,2BA$1.03
oLiv Tucson3x3 A3BR,3BA$1.08
Campus Walk Condominiums2 Beds, 1.5 Baths2BR,1.5BA$1.10
312 E 24th St2 Beds, 1 Baths2BR,1BA$1.03
Del Rey Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.16
Riata Court Apartments2 Bedroom / 2 Bath2BR,2BA$0.85
The District on 5th2x22BR,2BA$1.40
Ocotillo Apartments1BR/1BA1BR,1BA$1.45

Frequently Asked Questions about Parkway Terrace

What type of rentals are currently available in Parkway Terrace?

There are currently 355 Apartments for Rent in Parkway Terrace, AZ with pricing that ranges from $495 to $4,400. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Terrace ranging from $749 to $5,400.

What is the current price range for Rental Homes in Parkway Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway Terrace ranges from $749 to $5,400 with an average monthly rent of $2,222.

How much are larger Three and Four Bedroom Rentals in Parkway Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway Terrace range from $719 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $575.

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.

Helpful Local Expert Guides

decorative image for Sun, Mountains, and a Short Commute: Renting Near Tucsons Top Employers article

Sun, Mountains, and a Short Commute: Renting Near Tucsons Top Employers

Written by: Larry Allen

Hello, from sunny Tucson, Arizona! I’m Larry, your ApartmentHomeLiving.com Local Expert for the most laid-back city in Arizona.

decorative image for Leverage a Locals Insider Knowledge: Discover Tucson, Arizona  article

Leverage a Locals Insider Knowledge: Discover Tucson, Arizona

Written by: Larry Allen

Greetings from Tucson, Arizona! I’m Larry, your ApartmentHomeLiving.

decorative image for Tucson Apartments: Top Neighborhoods for U of A and Pima College Student Renters article

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

Written by: Larry Allen

Hi. Welcome to Tucson! I’m Larry, your ApartmentHomeLiving.com Local Expert for Tucson, AZ. My wife and I relocated to this jewel in the desert from the Midwest more than a quarter-century ago.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.