Cheap Apartments for Rent near Lockney, TX from $300 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lockney.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Olympian Apartments
Studio to 2 Bedroom Apartments

Olympian Apartments

1701-1703 Peoria AveLubbock, TX 79416
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Nomad Apartments
1 to 2 Bedroom Apartments

Nomad Apartments

2101 16th StLubbock, TX 79401

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Lockney, TX Local Guide

Cheapest Available Lockney Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lockney, TX is a 1 Bed unit found at The Heritage Apartments in the North Lubbock neighborhood priced from $499. Crown Ridge Apartments in the East Lubbock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Lockney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$499
Crown Ridge Apartments1 Bedroom1BR,1BA$525
Estrada NorthA1-40%1BR,1BA$583
Centre Suites I4x3.54BR,3BA$625
The QueE1Studio,1BA$625
Mary Jane ApartmentsStudio ApartmentStudio,1BA$650
EmoryA21BR,1BA$674
The Jackson ApartmentsStarting at $599 — Limited Units Available! Pl...1BR,1BA$700
Indiana VillageA11BR,1BA$710
Inn Town Lofts1 bed 672sf1BR,1BA$716

Best Value Apartments for Rent in Lockney, TX and Nearby

As of July 30, 2026 the best value apartment in the Lockney area is the $0.97 price per square foot 3 Bedroom Duplex **STAINLESS STEEL APPLIANCES**... Model at Dimora Village in the in the Northridge neighborhood starting from $1,325. The second greatest value Lockney apartment is the 4.2 Model at Cantibury Pointe Apartments starting at $1,016 with a $0.74 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for Lockney apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dimora Village3 Bedroom Duplex **STAINLESS STEEL APPLIANCES**...3BR,3BA$0.97
Cantibury Pointe Apartments4.24BR,2BA$0.74
The Edge | Student Housing2C - Furnished2BR,2BA$0.60
Wildwood Lubbock2BR/2BA - Flat2BR,2BA$0.78
Stratford Place2BD 2BA - Some Electic Included2BR,2BA$0.95
The Heritage ApartmentsTwo Bedroom/Two Bath2BR,2BA$0.99
Hillcrest Manor Senior Apartments2 Bedroom A2BR,1BA$0.92
Park East - Historical Access2BR/2BA - Premium2BR,2BA$0.93
Madison ParkTwo Bedroom2BR,1BA$0.98
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Lockney Apartments

What is the Cheapest Studio apartment in Lockney?

Currently the most affordable Cheap Studio Apartment in Lockney is at The Que listed at $625.

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

The lowest price for a Cheap One Bedroom Lockney Apartment is $499 at The Heritage Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lockney is starting from $675 at Crown Ridge Apartments.

What is the most affordable Lockney Three Bedroom Apartment?

The best deal on a cheap Lockney Three Bedroom Apartment rental is at Crown Ridge Apartments and starts from $825.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.