Cheap Apartments for Rent in the Downtown Lubbock Neighborhood of Lubbock, TX from $376 (304 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 21st St

$400 - $800

1 To 2 Bedroom Rentals

Available Now

2122 21st St

LubbockTX79411
property at 2010 32nd St

$450

1 Bedroom Rentals

Available Now

2010 32nd St

LubbockTX79411
property at 1925 27th St

$495 - $550

1 Bedroom Rentals

Available Now

1925 27th St

LubbockTX79411

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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property at 2118 33rd St

$525

1 Bedroom Rentals

Available Now

2118 33rd St

LubbockTX79411
property at 2114 20th St

$575 - $1,050

1 To 3 Bedroom Rentals

Available Now

2114 20th St

LubbockTX79411

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Que
$625 - $895
Total Monthly Price

Total Monthly Price

Base Rent
$625 - $895
Total Monthly Price
$625 - $895
Studio to 1 Bedroom Apartments Available Now

The Que

2101 Avenue QLubbock, TX 79411
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1102 42nd St, Unit B
$650
Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650
1 Bedroom Apartment Available Now

1102 42nd St, Unit B

1102 42nd StLubbock, TX 79412
Affordability

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 1910 23rd St

$650 - $1,250

1 To 3 Bedroom Rentals

Available Now

1910 23rd St

LubbockTX79411
property at 1711 14th St

$650

2 Bedroom Rentals

Available Now

1711 14th St

LubbockTX79401
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Stratford Place
$655 - $985
Total Monthly Price

Total Monthly Price

Base Rent
$655 - $985
Total Monthly Price
$655 - $985
Studio to 2 Bedroom Apartments Available Now

Stratford Place

4901 4th StLubbock, TX 79416
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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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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 1 Bed unit found at The Heritage Apartments priced from $499. Maples has the second lowest priced unit, which is a 2 Beds apartment currently listed from $499. Here are the most affordable Downtown Lubbock apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$499
Maples2 Beds, 1 Baths2BR,1BA$499
1914 20th St1 Beds, 1 Baths1BR,1BA$499
2212 2nd St1 Beds, 1 Baths1BR,1BA$499
The Scarlet4x4 Townhome4BR,4BA$589
3215-3218 35th St1 Beds, 1 Baths1BR,1BA$599
Dylan ApartmentsStudio1BR,1BA$600
Centre Suites I4x3.54BR,3BA$625

Best Value Apartments for Rent in Downtown Lubbock, TX

As of August 29, 2026 the best value apartment in the Downtown Lubbock area is the $0.77 price per square foot Plan 1818 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,399. The second greatest value Downtown Lubbock apartment is the 3x3 Cottage Model at The Collective at Lubbock starting at $735 with a $0.49 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$0.77
The Collective at Lubbock3x3 Cottage3BR,3BA$0.49
Parkridge PlaceNoble2BR,2BA$0.81
Las ColinasEl Palacio2BR,1.5BA$0.84
5802-5804 6th St2 Beds, 1.5 Baths2BR,1.5BA$0.86
21 Property Residential Portfolio2 Beds, 1 Baths2BR,1BA$0.86
The Holly2 Bed 2 Bath2BR,2BA$0.73
Cottonwood Apartments2 Bedroom 1 Bath - 852052BR,1BA$0.86
1914 20th St1 Beds, 1 Baths1BR,1BA$0.67
Maples2 Beds, 1 Baths2BR,1BA$0.67

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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Real 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.

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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 $625.

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

The cheapest apartment in Downtown Lubbock is The Heritage Apartments which is listed at $499, while the average apartment in Downtown Lubbock costs $895.

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 $394 which is $501 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 Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock article

Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock

Written by: Tiffany Clark

Just south of the Texas Panhandle is the lesser-mentioned South Plains region of the Lone Star State. And that's where you'll find the humble little city of Lubbock.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.