Cheap Apartments for Rent in the Downtown Lubbock Neighborhood of Lubbock, TX from $300 (165 Rentals)

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

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.

property at 1909 16th St

1909 16th St

LubbockTX79401

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.

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.

property at 2005 33rd St

2005 33rd St

LubbockTX79411

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.

property at 2411 22nd St

2411 22nd St

LubbockTX79411

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.

property at 3202 Baylor St

3202 Baylor St

LubbockTX79415

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 $391. 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$391
The QueE1Studio,1BA$484
Birchwood ApartmentsSmall 1 Bedroom 1 Bath Apartment | $65 Total Mo...1BR,1BA$550
Oak Creek Apartments1 Bedroom - 1 Bath1BR,1BA$550
WendoverDanburyStudio,1BA$590
The Park1C1BR,1BA$599
Raider LoftsStudioStudio,1BA$599
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$599
Dylan ApartmentsStudio1BR,1BA$600
DR 2101 16th Street (Nomad Apartments)1BR/1.0BA1BR,1BA$600

Best Value Apartments for Rent in Downtown Lubbock, TX

As of October 08, 2025 the best value apartment in the Downtown Lubbock area is the $0.74 price per square foot Plan 1818 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,349. The second greatest value Downtown Lubbock apartment is the 4BR/4BA - Standard Model at Park East starting at $499 with a $0.38 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.
Del Estrado TownhomesPlan 18183BR,2.5BA$0.74
Park East4BR/4BA - Standard4BR,4BA$0.38
The Bloc3BR/3BA3BR,3BA$0.57
Parkridge PlaceRegal2BR,2.5BA$0.80
Las ColinasLa Hacienda2BR,1.5BA$0.88
The Collective at Lubbock2x2 Townhome2BR,2BA$0.75
1913 41st St, Unit B1913 41st St3BR,1BA$0.88
2107 49th St, Unit B2107 49th St2BR,1BA$0.88
The Landing at Pinewood Park2 Bedroom 1 Bath2BR,1BA$0.87
Waterside Village1 bedroom 1 bathroom1BR,1BA$0.78

Quick Rent Budget Calculator

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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

4.0
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 the Cheapest Studio apartment in Downtown Lubbock?

Currently the most affordable Cheap Studio Apartment in Downtown Lubbock is at Inn Town Lofts listed at $391.

How much is rent for a Cheap One Bedroom Downtown Lubbock Apartment?

The lowest price for a Cheap One Bedroom Downtown Lubbock Apartment is $413 at Inn Town Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lubbock is starting from $493 at Inn Town Lofts.

What is the most affordable Downtown Lubbock Three Bedroom Apartment?

The best deal on a cheap Downtown Lubbock Three Bedroom Apartment rental is at The Landing at Pinewood Park and starts from $919.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.