Bedroom count

Property type

Last updated on April 28, 2026

Average rent in
Parkway South, Midland, TX

Last updated on April 28, 2026

Last updated on April 28, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Parkway South, Midland, TX is $1,425. This is -27%, or $524, lower than the national average.

$0.95

average price per square foot

Median rent

$1,425

increased by5%
over the previous yearvs previous year

Total rentals

20

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Parkway South, Midland, TX is $1,425. This is -27%, or $524, lower than the national average.

$0.95

average price per square foot

Rent ranges

54%
29%
8%
8%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$6,001-$50,000$6,001 - $50,000

Households

At this time, we don't have information to generate a distribution. Please check back soon.

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Parkway South, Midland, TX

Rent price trends

Rent prices for all bedroom counts and property types in Parkway South, Midland, TX have remained the same in the last month and have increased by 5% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Parkway South, Midland, TX

The monthly rent for an apartment in Parkway South, Midland, TX is $1,391. A 1-bedroom apartment in Parkway South, Midland, TX costs about $1,135 on average, while a 2-bedroom apartment is $1,355. Houses for rent in Parkway South, Midland, TX are more expensive, with an average monthly cost of $2,450.

Comparables

1 bedroom

$1,092

No Change

7%

2 bedroom

$1,377

No Change

8%

3 bedroom

$2,525

No Change

63%

4 bedroom

$3,485

-

-

Studio

$2,000

-

-

Studio

Average rent

$2,000

1 bedroom

Average rent

$1,092

Last year

7%

2 bedroom

Average rent

$1,377

Last year

8%

3 bedroom

Average rent

$2,525

Last year

63%

4 bedroom

Average rent

$3,485

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.

Compare rent prices in Parkway South, Midland, TX to other neighborhoods

Median rent prices in Parkway South, Midland, TX for all bedroom counts and property types compared to Crestview, Midland, TX.

Parkway South

Median rent price$1,425
decreased by27%

lower than the national median

Median rent price$1,650
decreased by15%

lower than the national median

Takeaway

The median rent for all rentals in Parkway South, Midland, TX is 14% lower than the median rent in Crestview, Midland, TX.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby neighborhoods

Explore rent trends in other markets

Crestview

$1,650

increased by6%

Last year

Highland Park

$2,000

N/A

Last year

Morningside

$1,600

N/A

Last year

Original Town

$1,400

decreased by18%

Last year

University Park

$1,917

N/A

Last year

West End

$1,900

increased by81%

Last year

Apartments for rent in Andrews

Discover rentals in Parkway South, Midland, TX

Palladium Midland Apartments - Photo 1 of 1

1h ago

8.2

Very good

Palladium Midland Apartments

2300 S Lamesa Rd, Midland, TX 79701

1–3 beds

1–2 baths

$1,135–$1,929

Apartment for rent