
Cheap Apartments for Rent in the Waters Neighborhood of Lubbock, TX from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waters area of Lubbock.


Courtyards At Monterey

The Pavilion

Courtyards by the Lake

The Boulders at Lakeridge

Preserve at Prairie Pointe Apartments

Lubbock Lakeway Apartments

Waterside Village LLC

Stonelake Apartment Homes
Waters, Lubbock, TX Local Guide
How much does it cost to rent an apartment in Waters?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waters Studio Apartments | $752 | $675 | $959 |
Waters 1 Bedroom Apartments | $945 | $615 | $1,939 |
Waters 2 Bedroom Apartments | $1,128 | $685 | $2,485 |
Waters 3 Bedroom Apartments | $1,311 | $900 | $1,781 |
Waters 4 Bedroom Apartments | $1,966 | $1,699 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Waters Neighborhood of Lubbock, TX.
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Waters, Lubbock, TX Local Guide
- Nearby Lubbock neighborhoods
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- School Districts
Cheapest Available Waters Apartments for Rent
 The cheapest available apartment rental in the Waters area of Lubbock, TX is a 2 Beds unit found at RESERVES AT SOUTH PLAINS priced from $481. Cottonwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here are the most affordable Waters apartments for rent in Lubbock, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVES AT SOUTH PLAINS | B2 | 2BR,2BA | $481 |
Cottonwood Apartments | 1/1 | 1BR,1BA | $615 |
Lubbock Square | A1 | 1BR,1BA | $676 |
Courtyards by the Lake | One Bedroom Small | 1BR,1BA | $700 |
Sundowner | Loft | 1BR,1BA | $725 |
The Boulders at Lakeridge | IP/IB Floor Plan | 1BR,1BA | $725 |
Greenwood | 1 Bed, 1 bath | 1BR,1BA | $750 |
Preserve at Prairie Pointe Apartments | A1 | 1BR,1BA | $750 |
The Enclave | Brussels- A1 | 1BR,1BA | $750 |
Parkside Apartments | A3P | 1BR,1BA | $765 |
Best Value Apartments for Rent in Waters, TX
As of March 28, 2025 the best value apartment in the Waters area is the $0.85 price per square foot Plan 1655 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,399. The second greatest value Waters apartment is the 6522 Temple Ave Model at 6522 Temple Ave, Unit 1 starting at $900 with a $0.90 price per square foot in the University Pines neighborhood. Here is today’s list of the best values for Waters apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Del Estrado Townhomes | Plan 1655 | 3BR,2.5BA | $0.85 |
6522 Temple Ave, Unit 1 | 6522 Temple Ave | 3BR,1BA | $0.90 |
Saddlewood Apartments | Medium 2/2 | 2BR,2BA | $1.02 |
RESERVES AT SOUTH PLAINS | B2 | 2BR,2BA | $0.49 |
7408 Avenue X, Unit 303 | 7408 Avenue X | 2BR,2BA | $0.94 |
Lubbock Heights South | B1 TH RWD FY | 2BR,1BA | $1.12 |
Courtyards At Monterey | 1 BD/1 BA | 1BR,1BA | $1.07 |
Sundowner | Flat | 1BR,1BA | $1.03 |
Lubbock Square | A1 | 1BR,1BA | $1.04 |
Cottonwood Apartments | 1/1 | 1BR,1BA | $1.07 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWaters, Lubbock, TX
Ranked #17
Among neighborhoods in Lubbock, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Waters, Lubbock, TX
School data provided by Great Schools
Best Local Schools in Waters, Lubbock, TX
School data provided by Great Schools
Getting Around the Waters Neighborhood in Lubbock, TX
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waters Apartments
What is the price of a cheap apartment in Waters?
The cheapest apartment in Waters is Cottonwood Apartments which is listed at $615, while the average apartment in Waters costs $1,699.
What types of apartments are the cheapest in Waters?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Waters that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waters?
Cheap apartments in Waters have an average cost of $152 which is $1,547 cheaper than the average rent for all rentals in Waters.
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.

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.

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.

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.

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.