Bedroom count
Property type
Last updated on August 12, 2026
Average rent in
Parkway South, Midland, TX
Average rent in
Last updated on August 12, 2026
Bedroom count
Property type
Median rent
Median rent in Parkway South
$1,412/mo
4%vs previous year
The average rent in Parkway South is $1,412 per month as of August 2026. This is 27% below the national average rent, or $512 less per month.
average price per square foot
Total rentals
Available rentals in Parkway South
21
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Parkway South rentals at each price point
Rent trends in Parkway South, Midland, TX
Average rent prices in Parkway South have remained the same over the last month and have increased by 4% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Parkway South, Midland, TX
Rent prices in Parkway South vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Parkway South is $1,492, whereas a house costs $2,375. 1-bedroom apartments in Parkway South run $1,234 on average, while 2-bedroom apartments are $1,355.
Listings | ||||
|---|---|---|---|---|
Studio | $1,179 | - | - | |
1 bedroom | $1,299 | No Change | 8% | |
2 bedroom | $1,395 | No Change | 6% | |
3 bedroom | $2,149 | No Change | 40% | |
4 bedroom | $2,699 | - | - |
Listings | ||
|---|---|---|
Crestview | $1,800 | |
Highland Park | $1,750 | |
Morningside | $1,450 | |
Original Town | $1,700 | |
University Park | $1,843 | |
West End | $1,400 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,492 | No Change | No Change | |
Houses | $2,375 | - | No Change |
Studio
Average rent
$1,179
1 bedroom
Average rent
$1,299
Last year
8%
2 bedroom
Average rent
$1,395
Last year
6%
3 bedroom
Average rent
$2,149
Last year
40%
4 bedroom
Average rent
$2,699
Crestview
Average rent
$1,800
Highland Park
Average rent
$1,750
Morningside
Average rent
$1,450
Original Town
Average rent
$1,700
University Park
Average rent
$1,843
West End
Average rent
$1,400
Apartments
Average rent
$1,492
Houses
Average rent
$2,375
The table above reflects average rent prices in Parkway South, Midland, TX, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Parkway South, Midland, TX compare to other neighborhoods?
Compare median rent prices in Parkway South and Crestview by all bedroom counts and property types.
Parkway South
27%lower than the national median
6%lower than the national median
Takeaway
The median rent for all rentals in Parkway South, Midland, TX is 22% lower than the median rent in Crestview, Midland, TX.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
Discover rentals in Parkway South, Midland, TX
1d ago
2300 S Lamesa Rd, Midland, TX 79701
1–3 beds
1–2 baths
$1,135–$1,929
Apartment for rent
1d ago
2300 S Lamesa Rd, Midland, TX 79701
1–3 beds
1–2 baths
$1,135–$1,929
Apartment for rent
1d ago
2300 S Lamesa Rd, Midland, TX 79701
1–3 beds
1–2 baths
$1,135–$1,929
Apartment for rent
Stay up to date with rental market insights
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Frequently asked questions for Parkway South, Midland, TX
Quick answers to common questions about the Parkway South rental market.
How much is rent in Parkway South?
The average rent in Parkway South is $1,412 per month as of August 8, 2026.
Is rent up or down in Parkway South?
Average rent prices in Parkway South have remained the same over the last month and have increased by 4% since last year.
How does Parkway South rent compare to the national average?
Rent in Parkway South is 27% below the national average, which means renters are paying approximately $512 less per month.
What salary do I need to afford rent in Parkway South?
To comfortably afford rent in Parkway South, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).