
Cheap Homes for Rent in Waters Neighborhood of Lubbock, TX from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Waters area of Lubbock.


6501 Avenue R

6503 Avenue R

4612 52nd St

7404 Avenue W

9104 Elgin Ave

5706 Avenue U

6125 Avenue Q

2021 S Loop 289

2103 49th St, Unit D

4509 51st St

8709 Vernon Ave

1617 70th St

1615 69th St
Waters, Lubbock, TX Local Guide
How much does it cost to rent a home in Waters?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waters 2 Bedroom Homes for Rent | $976 | $700 | $1,300 |
Waters 3 Bedroom Homes for Rent | $1,495 | $975 | $2,450 |
Waters 4 Bedroom Homes for Rent | $1,934 | $1,299 | $2,550 |
Waters 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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
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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 |
Best Value Apartments for Rent in Waters, TX
As of March 26, 2025 the best value apartment in the Waters area is the $0.84 price per square foot Plan 2027 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,699. The second greatest value Waters apartment is the 3248 63rd St Model at 3248 63rd St starting at $1,699 with a $0.84 price per square foot in the South Lubbock 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 2027 | 4BR,3BA | $0.84 |
3248 63rd St | 3248 63rd St | 4BR,3BA | $0.84 |
3255 62nd St | 3255 62nd St | 4BR,3BA | $0.84 |
3224 63rd St | 3224 63rd St | 3BR,2.5BA | $0.82 |
3242 63rd St | 3242 63rd St | 3BR,2.5BA | $0.80 |
3239 62nd St | 3239 62nd St | 3BR,2.5BA | $0.82 |
3262 63rd St | 3262 63rd St | 3BR,2.5BA | $0.77 |
6206 Geneva Ave | 6206 Geneva Ave | 3BR,2.5BA | $0.85 |
3236 63rd St | 3236 63rd St | 3BR,2.5BA | $0.80 |
RESERVES AT SOUTH PLAINS | B2 | 2BR,2BA | $0.49 |
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Frequently Asked Questions about Waters
What type of rentals are currently available in Waters?
There are currently 170 Apartments for Rent in Waters, TX with pricing that ranges from $615 to $2,500. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waters ranging from $500 to $3,000.
What is the current price range for Rental Homes in Waters?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waters ranges from $500 to $3,000 with an average monthly rent of $1,581.
How much are larger Three and Four Bedroom Rentals in Waters?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waters range from $900 to $1,781, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,299 and Four Bedroom Apartments start at $1,699.
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.