
Cheap 3 Bedroom Apartments for Rent in the Downtown Lubbock Neighborhood of Lubbock, TX from $550 (39 Rentals)


1712 42nd St

332 37th St

1717 47th St

Oak Creek Apartments

520 46th St

519 45th St

526 46th St

519 42nd St
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.

Total Monthly Price
The Landing at Pinewood Park

Inn Town Lofts

Lubbock Lakeway Apartments

Courtyards by the Lake

Birchwood Apartments

2123 18th St, Unit 2123 18th St. Front

1912 20th St

5614 Avenue A
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

1312 40th St

Park Place Townhomes

Lakeshore at Maxey Park

Courtyards West

303 39th St

506 E Municipal Dr

The Pointe Apartments

Tanglewood Apartments

2020 17th St
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.

2123 25th St

1218 46th Pl

419 38th St

Parkside Apartments

4818 66th St

2121 17th St

Lynwood Townhomes (Portion of the Community)

Coronado Crossing

4606 Avenue C
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.

Farrar West

3307 Erskine St

2411 31st St
Downtown Lubbock, Lubbock, TX Local Guide

How much does it cost to rent an apartment in Downtown Lubbock?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lubbock Studio Apartments | $796 | $545 | $2,100 |
| Downtown Lubbock 1 Bedroom Apartments | $852 | $376 | $1,444 |
| Downtown Lubbock 2 Bedroom Apartments | $912 | $454 | $1,700 |
Downtown Lubbock 3 Bedroom Apartments | $1,128 | $550 | $2,300 |
| Downtown Lubbock 4 Bedroom Apartments | $1,130 | $589 | $1,900 |
Explore Lubbock
Downtown Lubbock, Lubbock, TX Local Guide
- Nearby Lubbock neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Lubbock, Lubbock, TX
Ranked #3
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Lubbock Apartments
What is a cheap apartment in Downtown Lubbock?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lubbock is under $649.
What is the price of a cheap apartment in Downtown Lubbock?
The cheapest apartment in Downtown Lubbock is The Pointe Apartments which is listed at $899, while the average apartment in Downtown Lubbock costs $1,225.
What types of apartments are the cheapest in Downtown 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 61 regular apartments in Downtown 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 Downtown Lubbock?
Cheap apartments in Downtown Lubbock have an average cost of $271 which is $954 cheaper than the average rent for all rentals in Downtown 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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
