Cheap Apartments for Rent in the Waters Neighborhood of Lubbock, TX from $400 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waters area of Lubbock.

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Le Bass Apartments
1 to 2 Bedroom Apartments

Le Bass Apartments

6512 Avenue RLubbock, TX 79412
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Village Square
2 Bedroom Apartments

Village Square

6517 Avenue TLubbock, TX 79412
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Coachlight Of Lubbock
Studio to 2 Bedroom Apartments

Coachlight Of Lubbock

7906 Indiana PlLubbock, TX 79423
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The Loft Apartments
1 Bedroom Apartments

The Loft Apartments

4614 67th StLubbock, TX 79414
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Elara Villa on 51st
1 to 2 Bedroom Apartments

Elara Villa on 51st

2301-2311 51st StLubbock, TX 79412
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Quaker Terrace
1 to 2 Bedroom Apartments

Quaker Terrace

7410 Quaker AveLubbock, TX 79424
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Driftwood Apartments
1 to 2 Bedroom Apartments

Driftwood Apartments

5501 Utica AveLubbock, TX 79414
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4602-4644 52nd St
2 Bedroom Apartments

4602-4644 52nd St

4602-4644 52nd StLubbock, TX 79414
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Courtyard Villas
1 to 2 Bedroom Apartments

Courtyard Villas

4619 66th StLubbock, TX 79414
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6909-6918 Fremont Ave
2 Bedroom Apartments

6909-6918 Fremont Ave

6909-6918 Fremont AveLubbock, TX 79413
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5005 Avenue W
2 Bedroom Apartments

5005 Avenue W

5005 Avenue WLubbock, TX 79412
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1312 65th Dr
1 Bedroom Apartments

1312 65th Dr

1312 65th DrLubbock, TX 79412

Waters, Lubbock, TX Local Guide

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 ListingModel NameBed/BathPriced From
RESERVES AT SOUTH PLAINSB22BR,2BA$481
Cottonwood Apartments1/11BR,1BA$615
Lubbock SquareA11BR,1BA$676
Courtyards by the LakeOne Bedroom Small1BR,1BA$700
SundownerLoft1BR,1BA$725
The Boulders at LakeridgeIP/IB Floor Plan1BR,1BA$725
Greenwood1 Bed, 1 bath1BR,1BA$750
Preserve at Prairie Pointe ApartmentsA11BR,1BA$750
The EnclaveBrussels- A11BR,1BA$750
Parkside ApartmentsA3P1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Del Estrado TownhomesPlan 16553BR,2.5BA$0.85
6522 Temple Ave, Unit 16522 Temple Ave3BR,1BA$0.90
Saddlewood ApartmentsMedium 2/22BR,2BA$1.02
RESERVES AT SOUTH PLAINSB22BR,2BA$0.49
7408 Avenue X, Unit 3037408 Avenue X2BR,2BA$0.94
Lubbock Heights SouthB1 TH RWD FY2BR,1BA$1.12
Courtyards At Monterey1 BD/1 BA1BR,1BA$1.07
SundownerFlat1BR,1BA$1.03
Lubbock SquareA11BR,1BA$1.04
Cottonwood Apartments1/11BR,1BA$1.07

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Pet Friendly Lifestyle
Waters, Lubbock, TX

Ranked #17

Among neighborhoods in Lubbock, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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.

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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.

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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.

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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.