Cheap Homes for Rent in Downtown Lubbock Neighborhood of Lubbock, TX from $500 (162 Rentals)

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Cheap Homes in the Downtown Lubbock area of Lubbock.

property at 1309 21st St

1309 21st St

LubbockTX79411

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
property at 4002 36th St

4002 36th St

LubbockTX79413
Showing Results 1-50, Page 1 of 4

Downtown Lubbock, Lubbock, TX Local Guide

Cheapest Available Downtown Lubbock Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lubbock area of Lubbock, TX is a 4 Beds unit found at Centre Suites I priced from $500. Birchwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Downtown Lubbock apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Centre Suites I4x3.54BR,3BA$500
Birchwood Apartments1 Bedroom Apartment Available **Call 806-794-31...1BR,1BA$550
New West Apartments1 Bed, 1 bath1BR,1BA$550
Oak Creek Apartments1 bedroom 1 bath1BR,1BA$575
16th Place1 Beds, 1 Baths1BR,1BA$589
WendoverDanburyStudio,1BA$590
Cottage Point ApartmentsNO DEPOSIT NO UTILITIES IN YOUR NAME- COTTAGE P...Studio,1BA$595
Dylan ApartmentsStudio1BR,1BA$600
Somerset ApartmentsEfficiencyStudio,1BA$610
Meridian Park ApartmentsA1Studio,1BA$625

Best Value Apartments for Rent in Downtown Lubbock, TX

As of May 02, 2025 the best value apartment in the Downtown Lubbock area is the $0.81 price per square foot Plan 2027 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,649. The second greatest value Downtown Lubbock apartment is the 3 Beds, 2 baths Model at Hoff Gardens starting at $1,150 with a $0.74 price per square foot in the Chatman Park neighborhood. Here is today’s list of the best values for Downtown Lubbock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Del Estrado TownhomesPlan 20274BR,3BA$0.81
Hoff Gardens3 Beds, 2 baths3BR,2BA$0.74
The Bloc3BR/3BA3BR,3BA$0.53
Parkridge PlaceRegal2BR,2.5BA$0.83
Las ColinasEl Palacio2BR,1.5BA$0.84
The Collective at Lubbock2x2 Townhome2BR,2BA$0.81
5802-5804 6th St2 Beds, 1.5 Baths2BR,1.5BA$0.82
6522 Temple Ave, Unit 16522 Temple Ave3BR,1BA$0.88
Westridge ApartmentsUpdated 2/12BR,1BA$0.89
16th Place1 Beds, 1 Baths1BR,1BA$0.84

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Frequently Asked Questions about Downtown Lubbock

What type of rentals are currently available in Downtown Lubbock?

There are currently 519 Apartments for Rent in Downtown Lubbock, TX with pricing that ranges from $475 to $2,750. There are also 502 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lubbock ranging from $500 to $4,500.

What is the current price range for Rental Homes in Downtown Lubbock?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lubbock ranges from $500 to $4,500 with an average monthly rent of $1,560.

How much are larger Three and Four Bedroom Rentals in Downtown Lubbock?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lubbock range from $499 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,199 and Four Bedroom Apartments start at $499.

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 Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.