Cheap Homes for Rent in 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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 234 E 32nd St

$875 - $1,175

1 To 2 Bedroom Rentals

Available Now

234 E 32nd St

TucsonAZ85713

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.

property at 1703 E 13th St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1703 E 13th St

TucsonAZ85719

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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.

Cheapest Available Parkway Terrace Apartments for Rent

 

The cheapest available apartment rental in the Parkway Terrace area of Tucson, AZ is a 1 Bed unit found at Miramonte Apartments priced from $695. Junction at Ironhorse has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here are the most affordable Parkway Terrace apartments for rent in Tucson, AZ:

Apartment ListingModel NameBed/BathPriced From
Miramonte Apartments1 Bed, 1 Bath1BR,1BA$695
Junction at IronhorseD14BR,4BA$699
Tucson Boulevard Apartments1 Bedroom1BR,1BA$725
Cielo on 5thStudioStudio,1BA$730
Villas Las MandarinasStudioStudio,1BA$739
Broadmoor Apartments1-STUStudio,1BA$749
The RetroMove-In Special You Don’t Want to Miss!Studio,1BA$779
Highland Park Apartments1 Beds, 1 Baths1BR,1BA$795
Herbert ResidentialStudioStudio,1BA$799
Fresh new look at Orange Blossom Apartments!0BR/1.0BAStudio,1BA$799

Best Value Apartments for Rent in Parkway Terrace, AZ

As of April 25, 2026 the best value apartment in the Parkway Terrace area is the $0.99 price per square foot 4 Beds, 3 Baths Model at LUXURY DUPLEX in the in the Sam Hughes neighborhood starting from $1,800. The second greatest value Parkway Terrace apartment is the Lumpkin 4x4.5 Model at Cottages at Tucson starting at $929 with a $0.52 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.
LUXURY DUPLEX4 Beds, 3 Baths4BR,3BA$0.99
Cottages at TucsonLumpkin 4x4.54BR,4.5BA$0.52
Sabrina's PlaceSunset3BR,2BA$1.09
Cottonwood CreekTwo Bedroom2BR,2BA$1.02
The Mark Tucson3x3 - Camden3BR,3BA$1.10
La Racqueta262BR,2BA$1.24
Del Rey Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.09
Riata Court Apartments2 Bedroom / 2 Bath2BR,2BA$0.85
Tucson Boulevard Apartments1 Bedroom1BR,1BA$1.21
Miramonte Apartments1 Bed, 1 Bath1BR,1BA$1.39

Frequently Asked Questions about Parkway Terrace

What type of rentals are currently available in Parkway Terrace?

There are currently 354 Apartments for Rent in Parkway Terrace, AZ with pricing that ranges from $625 to $4,400. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Terrace ranging from $750 to $4,000.

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 $750 to $4,000 with an average monthly rent of $1,778.

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 $799 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $699.

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.