Cheap Apartments for Rent in the Downtown Lubbock Neighborhood of Lubbock, TX from $300 (327 Rentals)

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

property at 2315 16th St

$525

Total Monthly Price

Total Monthly Price

Base Rent
$525
Total Monthly Price
$525

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

2315 16th St

LubbockTX79401

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
property at 2423 26th St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 1 Bath Home for Rent

Available Now

2423 26th St, Unit Rear, Unit Rear

2423 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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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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Showing Results 1-50, Page 1 of 7

Downtown Lubbock, Lubbock, TX Local Guide

Cheapest Available Downtown Lubbock Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lubbock area of Lubbock, TX is a Studio unit found at Inn Town Lofts priced from $392. The Que has the second lowest priced unit, which is a Studio apartment currently listed from $484. Here are the most affordable Downtown Lubbock apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Inn Town LoftsStudio 572sfStudio,1BA$392
The QueE1Studio,1BA$484
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
New West Apartments1 Bed, 1 bath1BR,1BA$600

Best Value Apartments for Rent in Downtown Lubbock, TX

As of April 15, 2026 the best value apartment in the Downtown Lubbock 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 Downtown 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 Downtown Lubbock 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
The Pointe Apartments3 Bed, 2 Bath3BR,2BA$0.80
Parkridge PlaceNoble2BR,2BA$0.76
Las ColinasLa Hacienda2BR,1.5BA$0.88
The Collective at Lubbock2x2 Townhome2BR,2BA$0.82
Stratford Place2BD 2BA - Some Electic Included2BR,2BA$0.95
16th Place2 Beds, 1 Baths2BR,1BA$0.85
Waterside Village1 bedroom 1 bathroom1BR,1BA$0.88
Westridge ApartmentsOne1BR,1BA$1.04
University Club Apartments1 BR, 1 BA1BR,1BA$0.93

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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Pet Friendly Lifestyle
Downtown Lubbock, Lubbock, TX

Ranked #3

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Lubbock. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and much more. These search options are in the site filters at the top of this page.

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 $600.

What is the price of a cheap apartment in Downtown Lubbock?

The cheapest apartment in Downtown Lubbock is Inn Town Lofts which is listed at $414, while the average apartment in Downtown Lubbock costs $1,009.

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 240 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 $431 which is $578 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

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.