Cheap Homes for Rent in the Downtown Lubbock Neighborhood of Lubbock, TX from $485 (105 Rentals)

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

property at 302 Avenue U

$550 - $700

1 To 2 Bedroom Rentals

Available Now

302 Avenue U

LubbockTX79415

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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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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property at 3809 36th St

$650

1 Bedroom Rentals

Available Now

3809 36th St

LubbockTX79413
property at 4202 35th St

$650

2 Bedroom Rentals

Available Now

4202 35th St

LubbockTX79413
property at 1109 45th St

$675

2 Bedroom Rentals

Available Now

1109 45th St

LubbockTX79412

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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property at 1912 20th St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

1912 20th St, Unit B

1912 20th St
LubbockTX79411

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 2222 20th St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

2222 20th St

LubbockTX79411
property at 2406 46th St

$775

2 Bedroom Rentals

Available Now

2406 46th St

LubbockTX79412
property at 3302 Salisbury Ave

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Now

3302 Salisbury Ave, Unit D

3302 Salisbury Ave
LubbockTX79410
property at 2412 46th St

$795

2 Bedroom Rentals

Available Now

2412 46th St

LubbockTX79412

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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Showing Results 1-50, Page 1 of 3

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
2101 51st St2 Beds, 1.5 Baths2BR,1BA$599
3215-3218 35th St1 Beds, 1 Baths1BR,1BA$599
Dylan ApartmentsStudio1BR,1BA$600

Best Value Apartments for Rent in Downtown Lubbock, TX

As of August 26, 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
1613 38th St, Unit 1613 38th St Unit1613 38th St3BR,1.5BA$0.76
2101 51st St2 Beds, 1.5 Baths2BR,1.5BA$0.56
21 Property Residential Portfolio2 Beds, 1 Baths2BR,1BA$0.86
The Holly2 Bed 2 Bath2BR,2BA$0.73
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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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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Frequently Asked Questions about Downtown Lubbock

What type of rentals are currently available in Downtown Lubbock?

There are currently 444 Apartments for Rent in Downtown Lubbock, TX with pricing that ranges from $376 to $2,100. There are also 391 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lubbock ranging from $485 to $4,000.

What is the current price range for Rental Homes in Downtown Lubbock?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lubbock ranges from $485 to $4,000 with an average monthly rent of $1,344.

How much are larger Three and Four Bedroom Rentals in Downtown Lubbock?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lubbock range from $599 to $1,734, while Three Bedroom Homes, Condos, and Townhomes for rent range from $765 to $2,450. Four Bedroom Single-Family rentals are also available starting from $695 and Four Bedroom Apartments start at $589.

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.