Cheap Apartments for Rent in Lubbock, TX from $300 (205 Rentals)

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

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 1924 26th St

$615 - $625

1 Bedroom Rentals

Available Now

1924 26th St

LubbockTX79411

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock

Explore Lubbock's most affordable neighborhoods! A local expert shares an inside scoop on areas like West End and Downtown, covering cost of living, attractions, and more.

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property at 504 81st St

$695

2 Bedroom Rentals

Available Now

504 81st St

LubbockTX79404

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lubbock, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lubbock, TX

Pricing Updated: 04/19/2026

Current apartment rentals in the Lubbock, TX area range in price from $353 to $3,495 with an overall median price of $1,232. The three Lubbock neighborhoods with the lowest median rent pricing are Chatman Hill at $376, Guadalupe at $353, and Slaton Bean at $376. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lubbock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Chatman Hill$891$376214
Guadalupe$960$353291
Slaton Bean$960$376308
Claytoncarter$979$353253
Heart Of Lubbock$994$376353
Arnett Benson$999$376331
Jackson$999$353346
Maxey Park$999$500343
South Overton$999$376334
Downtown Lubbock$1,009$376598

Cheapest Available Lubbock Apartments for Rent

 

The cheapest available apartment rental in Lubbock, TX is a 1 Bed unit found at Stonebridge at Ironton in the Outer North Inner Loop neighborhood priced from $409. The Que in the Chatman Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $484. Here is today’s list of the most affordable Lubbock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$409
The QueE1Studio,1BA$484
Crown Ridge Apartments1 Bedroom1BR,1BA$525
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$529
WendoverDanburyStudio,1BA$535
University Club Apartments1 BR, 1 BA1BR,1BA$549
Oak Creek Apartments1 Bedroom - 1 Bath1BR,1BA$575
The Jackson ApartmentsLimited-Time Special: Receive One Month Free Re...1BR,1BA$599
Sacramento Apartments1/11BR,1BA$599
Dylan ApartmentsStudio1BR,1BA$600

Best Value Apartments for Rent in Lubbock, TX

As of April 19, 2026 the best value apartment in the Lubbock area is the $0.60 price per square foot 7410 Avenue X Model at 7410 Avenue X, Unit 401 in the in the South Lubbock neighborhood starting from $800. The second greatest value Lubbock apartment is the 3 Bed, 2 Bath Model at The Pointe Apartments starting at $899 with a $0.80 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for Lubbock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7410 Avenue X, Unit 4017410 Avenue X2BR,2BA$0.60
The Pointe Apartments3 Bed, 2 Bath3BR,2BA$0.80
Wildwood Lubbock2BR/2BA - Flat2BR,2BA$0.78
Parkridge PlaceNoble2BR,2BA$0.81
Las ColinasLa Hacienda2BR,1.5BA$0.88
The Collective at Lubbock2x2 Townhome2BR,2BA$0.83
16th Place2 Beds, 1 Baths2BR,1BA$0.85
Quail CreekA1-1bd Upgraded1BR,1BA$0.88
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$0.51
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Lubbock Student Life: A Local Expert's Guide to Top Neighborhoods to Rent Near Tech and Other Local Campuses

Our local expert Tours the Top Lubbock Student Friendly Neighborhoods Near Texas Tech, LCU, South Plains College, and Wayland Baptist

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Lubbock Overview

If you’ve been eyeing up apartments in Lubbock, TX, you’ll find plenty of attractive options that will suit your needs. The population of Lubbock is around 250,000, giving you ample opportunities for employment, things to do and diverse restaurants to enjoy. The city is known for a low cost of living and Lubbock High School is considered one of the best schools in the nation.

Why live in Lubbock, TX?

There are a number of ways that Lubbock is different in a positive way compared to other US cities. You’ll find it easier to pay your bills and to give your children excellent schooling whether you prefer public or private options. If you’re a sports enthusiast, you’ll enjoy the Texas Tech Red Raiders, a college football team that is part of the Big 12 Conference. Women’s and men’s basketball at Texas Tech are also very popular. Open-air shopping centers abound in Lubbock featuring retailers like the Banana Republic, Talbots and Ann Taylor. Lubbock, TX apartments will put you right in the center of an exciting leisure life.

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

Explore Lubbock, TX Rentals by Map

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See the most popular apartments and homes in Lubbock, TX

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Frequently Asked Questions about Cheap Lubbock Apartments

What is a cheap apartment in Lubbock?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lubbock is under $600.

What is the price of a cheap apartment in Lubbock?

The cheapest apartment in Lubbock is Stonebridge at Ironton which is listed at $409, while the average apartment in Lubbock costs $1,232.

What types of apartments are the cheapest in Lubbock?

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 3,767 regular apartments in Lubbock 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 Lubbock?

Cheap apartments in Lubbock have an average cost of $439 which is $793 cheaper than the average rent for all rentals in Lubbock.

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

decorative image for Lubbock Student Life: A Local Experts Guide to Top Neighborhoods to Rent Near Tech and Other Local Campuses article

Lubbock Student Life: A Local Experts Guide to Top Neighborhoods to Rent Near Tech and Other Local Campuses

Written by: Tiffany Clark

If you're planning to go to college in Lubbock, Texas, (or send your kiddo that way), I promise you won't go wrong with choosing this far-west little city in the Lone Star State.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.