Cheap Homes for Rent in Downtown Lubbock Neighborhood of Lubbock, TX from $400 (133 Rentals)

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Search the lowest-cost Homes 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 4302 16th St

4302 16th St

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property at 2122 16th St

2122 16th St

LubbockTX79401
property at 1504 28th St

1504 28th St

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property at 2316 18th St

2316 18th St

LubbockTX79401
property at 2305 30th St

2305 30th St

LubbockTX79411
property at 1101 65th St

1101 65th St

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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 1910 22nd St

1910 22nd St

LubbockTX79411
property at 535 42nd St

535 42nd St

LubbockTX79404

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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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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property at 3113 33rd St

3113 33rd St

LubbockTX79410
property at 1911 21st St

1911 21st 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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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 Scarlet has the second lowest priced unit, which is a 4 Beds apartment currently listed from $399. 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 Scarlet4x4 Townhome4BR,4BA$399
The QueE1Studio,1BA$484
Birchwood ApartmentsSmall 1 Bedroom 1 Bath Apartment | $65 Total Mo...1BR,1BA$550
WendoverDanburyStudio,1BA$590
The Park1C1BR,1BA$599
Raider LoftsStudioStudio,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 September 17, 2025 the best value apartment in the Downtown Lubbock area is the $0.38 price per square foot 4BR/4BA - Standard Model at Park East in the in the North Lubbock neighborhood starting from $499. The second greatest value Downtown Lubbock apartment is the 3BR/3BA Model at The Bloc starting at $699 with a $0.57 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.
Park East4BR/4BA - Standard4BR,4BA$0.38
The Bloc3BR/3BA3BR,3BA$0.57
Parkridge PlaceRegal2BR,2.5BA$0.80
Las ColinasLa Hacienda2BR,1.5BA$0.85
The Collective at Lubbock2x2 Townhome2BR,2BA$0.47
1913 41st St, Unit B1913 41st St3BR,1BA$0.88
DR 2101 16th Street (Nomad Apartments)2BR/1.0BA2BR,1BA$0.89
2107 49th St, Unit B2107 49th St2BR,1BA$0.88
Waterside Village1 bedroom 1 bathroom1BR,1BA$0.84
The Holly2 Bed 2 Bath2BR,2BA$0.67

Quick Rent Budget Calculator

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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 446 Apartments for Rent in Downtown Lubbock, TX with pricing that ranges from $376 to $2,600. There are also 415 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lubbock ranging from $485 to $3,850.

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 $3,850 with an average monthly rent of $1,366.

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 $499 to $2,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $3,850. Four Bedroom Single-Family rentals are also available starting from $1,165 and Four Bedroom Apartments start at $399.

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 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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.