Cheap Homes for Rent in Parkway Terrace Neighborhood of Tucson, AZ from $700 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article
property at 234 E 32nd St

$750 - $1,125

Studio 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.

Read Article
property at 2039 E 8th St

$990 - $1,995

Studio To 2 Bedroom Rentals

Available Now

2039 E 8th St

TucsonAZ85719

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
property at 114 N jacobus ave

$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

114 N jacobus ave, Unit #2

114 N jacobus ave
TucsonAZ85705

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-37, Page 1 of 1

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. Villas las Mandarinas DE has the second lowest priced unit, which is a 1 Bed 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
Villas las Mandarinas DEStudio1BR,1BA$699
Broadmoor Apartments1-STUStudio,1BA$749
The Palace ApartmentsStudioStudio,1BA$775
Country Club ApartmentsStudio - SmallStudio,1BA$779
One North Fifth ApartmentsS1Studio,1BA$820
The Retro1+1 Up1BR,1BA$849
Cielo on 5thSingle Story 1 Bed 1 Bath1BR,1BA$850
312 E 24th St2 Beds, 1 Baths2BR,1BA$875
Park Avenue ApartmentsStudioStudio,1BA$875

Best Value Apartments for Rent in Parkway Terrace, AZ

As of June 09, 2026 the best value apartment in the Parkway Terrace area is the $0.86 price per square foot Milledge 3x3 Model at Cottages at Tucson in the in the South Tucson neighborhood starting from $1,199. The second greatest value Parkway Terrace apartment is the 4x4 - Davenport Model at The Mark Tucson starting at $1,345 with a $1.01 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$0.86
The Mark Tucson4x4 - Davenport4BR,4BA$1.01
Cottonwood CreekOne Bedroom1BR,1BA$1.22
Sonoran On 9th2 Bedroom 1 Bath - 267172BR,1BA$1.59
Del Rey Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.16
312 E 24th St2 Beds, 1 Baths2BR,1BA$1.03
Westwood Apartments2 Bedroom 1 Bath - 516222BR,1BA$1.54
Riata Court Apartments2 Bedroom / 2 Bath2BR,2BA$0.85
Ocotillo Apartments2BR/1BA2BR,1BA$1.31
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 355 Apartments for Rent in Parkway Terrace, AZ with pricing that ranges from $625 to $4,400. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Terrace ranging from $750 to $6,000.

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 $6,000 with an average monthly rent of $2,358.

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 $999 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,575 and Four Bedroom Apartments start at $819.

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 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 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 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.

Articles, How-To's, and Tips

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.