Cheap Apartments for Rent in the Waters Neighborhood of Lubbock, TX from $400 (45 Rentals)

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

property at 1303 65th Dr

1303 65th Dr

LubbockTX79412

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

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property at 7406 Waco Ave

7406 Waco Ave

LubbockTX79423
property at 1902 45th St

1902 45th St

LubbockTX79412
property at 1512 82nd St

1512 82nd St

LubbockTX79423
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Le Bass Apartments
1 to 2 Bedroom Apartments

Le Bass Apartments

6512 Avenue RLubbock, TX 79412
  • Utilities Included

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.

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Village Square
2 Bedroom Apartments

Village Square

6517 Avenue TLubbock, TX 79412
  • Utilities Included
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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
  • Utilities Included
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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
  • Utilities Included
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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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Showing Results 1-45, Page 1 of 1

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 1 Bed unit found at Cottonwood Apartments priced from $655. Lubbock Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $676. Here are the most affordable Waters apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Cottonwood Apartments1/11BR,1BA$655
Lubbock SquareA11BR,1BA$676
Courtyards by the LakeOne Bedroom Small1BR,1BA$700
The PavilionRenovated 1 Bed 1 Bath1BR,1BA$725
SundownerLoft1BR,1BA$725
The Boulders at LakeridgeIP/IB Floor Plan1BR,1BA$725
The EnclaveBrussels- A11BR,1BA$750
Lubbock Heights SouthA1 RWD1BR,1BA$785
Lubbock Lakeway ApartmentsOne Bedroom1BR,1BA$785
Preserve at Prairie Pointe ApartmentsA11BR,1BA$789

Best Value Apartments for Rent in Waters, TX

As of May 14, 2025 the best value apartment in the Waters area is the $0.88 price per square foot 3 BD/2.5 BA Model at Courtyards At Monterey in the in the WHAM neighborhood starting from $1,150. The second greatest value Waters apartment is the C3-MKT Model at Reserves at South Plains starting at $1,239 with a $1.04 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.
Courtyards At Monterey3 BD/2.5 BA3BR,2.5BA$0.88
Reserves at South PlainsC3-MKT3BR,2BA$1.04
Greenwood Apartments ALG2BR2BR,2BA$0.94
6522 Temple Ave, Unit 16522 Temple Ave3BR,1BA$0.88
Parkside ApartmentsB2P2BR,1BA$1.04
Lubbock Heights SouthB1 TH RWD FY2BR,1BA$1.12
San RemyThe Lavender1BR,1BA$1.13
SundownerFlat1BR,1BA$1.03
Lubbock SquareA11BR,1BA$1.04
Courtyards by the LakeOne Bedroom Large1BR,1BA$1.13

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Waters, Lubbock, TX

Ranked #11

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

How much is rent for a Cheap One Bedroom Waters Apartment?

The lowest price for a Cheap One Bedroom Waters Apartment is $655 at Cottonwood Apartments.

What is the lowest price for a Cheap Two Bedroom Waters Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waters is starting from $685 at Cottonwood Apartments.

What is the most affordable Waters Three Bedroom Apartment?

The best deal on a cheap Waters Three Bedroom Apartment rental is at Lubbock Square and starts from $976.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.