Cheap Homes for Rent in Lubbock, TX from $500 (237 Rentals)

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Search the lowest-cost Homes available for rent right now in Lubbock.

property at 2217 24th St

2217 24th St

LubbockTX79411
property at 1910 26th St

1910 26th St

LubbockTX79411
property at 4302 16th St

4302 16th St

LubbockTX79416
property at 2429 27th St

2429 27th St

LubbockTX79411
property at 1303 65th Dr

1303 65th Dr

LubbockTX79412
property at 2124 16th St

2124 16th St

LubbockTX79401
property at 2404 26th St

2404 26th St

LubbockTX79411
property at 6503 Avenue R

6503 Avenue R

LubbockTX79412
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Lubbock, TX Local Guide

Cheapest Neighborhoods for Apartments in Lubbock, TX

Pricing Updated: 04/05/2025

Current apartment rentals in the Lubbock, TX area range in price from $356 to $3,771 with an overall median price of $1,304. The three Lubbock neighborhoods with the lowest median rent pricing are Harwell at $495, Downtown Lubbock at $495, and Chatman Hill at $495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lubbock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Harwell$849$495186
Downtown Lubbock$855$495486
Chatman Hill$895$495192
Maxey Park$949$495229
South Overton$952$495222
North Overton$962$495235
East Lubbock$989$35652
Parkway And Cherry Point$989$35665
Guadalupe$994$356229
Slaton Bean$994$495218

Cheapest Available Lubbock Apartments for Rent

 

The cheapest available apartment rental in Lubbock, TX is a 2 Beds unit found at RESERVES AT SADDLEBACK RANCH in the Northwest Lubbock neighborhood priced from $472. RESERVES AT SOUTH PLAINS in the University Pines neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $481. Here is today’s list of the most affordable Lubbock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVES AT SADDLEBACK RANCHB22BR,2BA$472
RESERVES AT SOUTH PLAINSB22BR,2BA$481
Centre Suites I4x3.54BR,3BA$500
Crown Ridge Apartments1 Bedroom1BR,1BA$525
Oak Creek Apartments1 Bedroom - 1 Bath1BR,1BA$550
New West Apartments1 Bed, 1 bath1BR,1BA$550
Birchwood Apartments1 Bedroom Apartment Available **Call 806-794-31...1BR,1BA$550
16th Place1 Beds, 1 Baths1BR,1BA$589
WendoverDanburyStudio,1BA$590
The Que ApartmentsStudioStudio,1BA$599

Best Value Apartments for Rent in Lubbock, TX

As of April 05, 2025 the best value apartment in the Lubbock area is the $0.71 price per square foot Plan 1818 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,299. The second greatest value Lubbock apartment is the 1 Bed / 1 Bath Model at Tech Village starting at $439 with a $0.24 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for Lubbock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Del Estrado TownhomesPlan 18183BR,2.5BA$0.71
Tech Village1 Bed / 1 Bath1BR,1BA$0.24
Hoff Gardens3 Beds, 2 baths3BR,2BA$0.74
The Bloc3BR/3BA3BR,3BA$0.53
Quail CreekB1 upstairs complete upgrade2BR,2BA$0.77
The Collective at Lubbock2x2 Townhome2BR,2BA$0.81
5802-5804 6th St2 Beds, 1.5 Baths2BR,1.5BA$0.82
RESERVES AT SADDLEBACK RANCHB22BR,2BA$0.46
RESERVES AT SOUTH PLAINSB22BR,2BA$0.49
16th Place1 Beds, 1 Baths1BR,1BA$0.84

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Frequently Asked Questions about Lubbock

What type of rentals are currently available in Lubbock?

There are currently 713 Apartments for Rent in Lubbock, TX with pricing that ranges from $356 to $3,771. There are also 980 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lubbock ranging from $500 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lubbock ranges from $500 to $5,000 with an average monthly rent of $1,565.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lubbock range from $499 to $3,771, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,075. Four Bedroom Single-Family rentals are also available starting from $1,050 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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.