Cheap Apartments for Rent in the Downtown Lubbock Neighborhood of Lubbock, TX from $300 (185 Rentals)

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

property at 2122 16th St

2122 16th St

LubbockTX79401
property at 4813 40th St

4813 40th St

LubbockTX79414

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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property at 3615 26th St

3615 26th St

LubbockTX79410
property at 2404 26th St

2404 26th St

LubbockTX79411

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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property at 2220 29th St

2220 29th St

LubbockTX79411

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 4 Beds unit found at Centre Suites I priced from $500. Birchwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Downtown Lubbock apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Centre Suites I4x3.54BR,3BA$500
Birchwood ApartmentsSmall 1 Bedroom 1 Bath Apartment | FREE Applica...1BR,1BA$550
New West Apartments1 Bed, 1 bath1BR,1BA$550
WendoverDanburyStudio,1BA$590
Cottage Point ApartmentsNO DEPOSIT NO UTILITIES IN YOUR NAME- COTTAGE P...Studio,1BA$595
3215-3218 35th St1 Beds, 1 Baths1BR,1BA$599
The Park1C1BR,1BA$599
University Club Apartments1 BR, 1 BA1BR,1BA$599
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$599
Dylan ApartmentsStudio1BR,1BA$600

Best Value Apartments for Rent in Downtown Lubbock, TX

As of June 20, 2025 the best value apartment in the Downtown Lubbock area is the $0.82 price per square foot Plan 1818 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,499. The second greatest value Downtown Lubbock apartment is the 3 Beds, 2 baths Model at Hoff Gardens starting at $1,150 with a $0.74 price per square foot in the Outer North Inner Loop 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$0.82
Hoff Gardens3 Beds, 2 baths3BR,2BA$0.74
The Bloc3BR/3BA3BR,3BA$0.53
Parkridge PlaceRegal2BR,2.5BA$0.83
Las ColinasLa Hacienda2BR,1.5BA$0.88
The Collective at Lubbock2x2 Townhome2BR,2BA$0.81
5802-5804 6th St2 Beds, 1.5 Baths2BR,1.5BA$0.82
2216 17th St, Unit A2216 17th St2BR,1BA$0.93
2204 35th St, Unit 2204 35th St2204 35th St2BR,1BA$0.86
Westridge ApartmentsUpdated 2/12BR,1BA$0.89

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 #6

Among neighborhoods in Lubbock, TX 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 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 Birchwood Apartments which is listed at $550, while the average apartment in Downtown Lubbock costs $1,995.

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 160 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 $257 which is $1,738 cheaper than the average rent for all rentals in Downtown Lubbock.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.