Cheap Apartments for Rent in the Downtown Lubbock Neighborhood of Lubbock, TX from $300 (139 Rentals)

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

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 1909 16th St

1909 16th St

LubbockTX79401

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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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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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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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$575
The Park1B1BR,1BA$599
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$599
3215-3218 35th St1 Beds, 1 Baths1BR,1BA$599
Dylan ApartmentsStudio1BR,1BA$600
DR 2101 16th Street (Nomad Apartments)1BR/1.0BA1BR,1BA$600
New West Apartments1 Bed, 1 bath1BR,1BA$600
Somerset ApartmentsEfficiencyStudio,1BA$610

Best Value Apartments for Rent in Downtown Lubbock, TX

As of November 23, 2025 the best value apartment in the Downtown Lubbock area is the $0.78 price per square foot Plan 1655 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,299. The second greatest value Downtown Lubbock apartment is the 4BR/4BA - Standard Model at Park East starting at $449 with a $0.34 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 16553BR,2.5BA$0.78
Park East4BR/4BA - Standard4BR,4BA$0.34
The Bloc3BR/3BA3BR,3BA$0.53
Parkridge PlaceRegal2BR,2.5BA$0.83
Las ColinasEl Palacio2BR,1.5BA$0.84
The Collective at Lubbock2x2 Townhome2BR,2BA$0.81
Waterside Village2 bedroom / 2 bathroom - WD upgraded2BR,2BA$0.89
DR 2101 16th Street (Nomad Apartments)2BR/1.0BA2BR,1BA$0.89
2107 49th St, Unit B2107 49th St2BR,1.5BA$0.88
The Landing at Pinewood Park1 Bedroom 1 Bath1BR,1BA$0.95

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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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

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 $610.

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 $1,000.

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 132 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 $363 which is $637 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 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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.