Cheap Homes for Rent in Parkway Terrace Neighborhood of Tucson, AZ from $700 (35 Rentals)

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

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.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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.

property at 3758 E 3rd St

3758 E 3rd St

TucsonAZ85716

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 Studio unit found at Del Rey Apartments priced from $650. Villas Las Mandarinas has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Parkway Terrace apartments for rent in Tucson, AZ:

Apartment ListingModel NameBed/BathPriced From
Del Rey ApartmentsStudio, 1 BathroomStudio,1BA$650
Villas Las MandarinasStudioStudio,1BA$699
Junction at IronhorseD14BR,4BA$699
Royal ElCon Apartments1x11BR,1BA$708
Highland Park Apartments1 Beds, 1 Baths1BR,1BA$745
The Retro ApartmentsCALL OR SCHEDULE YOUR TOUR TODAY... WALK-INS AL...Studio,1BA$749
Garden Lofts on PresidentStudioStudio,1BA$797
La RacquetaClassic1BR,1BA$875
Cielo on 5thSingle Story 1 Bed 1 Bath1BR,1BA$875
University Vista Student Apartments1B/1B1BR,1BA$875

Best Value Apartments for Rent in Parkway Terrace, AZ

As of October 14, 2025 the best value apartment in the Parkway Terrace area is the $1.11 price per square foot Two Bedroom Model at Cottonwood Creek in the in the Sam Hughes neighborhood starting from $1,209. The second greatest value Parkway Terrace apartment is the 3x3 - Camden Model at The Mark Tucson starting at $1,185 with a $1.10 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.
Cottonwood CreekTwo Bedroom2BR,2BA$1.11
The Mark Tucson3x3 - Camden3BR,3BA$1.10
Del Rey Apartments2 Bedrooms, 1 Bathroom2BR,1BA$1.18
Riata Court Apartments2 Bedroom / 2 Bath2BR,2BA$0.85
Westwood Apartments - 714 E. 10th St Tucson2 bedroom 1 bath renovated2BR,1BA$1.16
Highland Park Apartments2 Beds, 1 Baths2BR,1BA$1.39
BROADMOORPRE-LEASE TODAY!2BR,1BA$1.50
Royal ElCon Apartments1x11BR,1BA$1.18
La RacquetaClassic1BR,1BA$1.47
Campus Crossings on 8th Street1 Bedroom 1 Bathroom1BR,1BA$1.11

Frequently Asked Questions about Parkway Terrace

What type of rentals are currently available in Parkway Terrace?

There are currently 365 Apartments for Rent in Parkway Terrace, AZ with pricing that ranges from $440 to $10,200. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Terrace ranging from $725 to $3,200.

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 $725 to $3,200 with an average monthly rent of $1,692.

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 $625 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $733 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $675.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.