Cheap Homes for Rent in Downtown Lubbock Neighborhood of Lubbock, TX from $400 (144 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 1910 22nd St

$575

2 Bedroom Rentals

Available Now

1910 22nd St

LubbockTX79411
property at 1809 14th St

$550 - $850

1 To 2 Bedroom Rentals

Available Now

1809 14th 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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property at 2220 20th St

$650

1 Bedroom, 1 Bath Home for Rent

Available Now

2220 20th St

LubbockTX79411
property at 3203 33rd St

$650

1 Bedroom Rentals

Available Now

3203 33rd St

LubbockTX79410
property at 535 42nd St

$675

2 Bedroom Rentals

Available Now

535 42nd St

LubbockTX79404
property at 1511 22nd St

$675

2 Bedroom Rentals

Available Now

1511 22nd 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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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 2416 46th St

$745

2 Bedroom Rentals

Available Now

2416 46th St

LubbockTX79412

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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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. University Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $549. Here are the most affordable Downtown Lubbock apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Inn Town LoftsStudio 572sfStudio,1BA$392
University Club Apartments1 BR, 1 BA1BR,1BA$549
WendoverDanburyStudio,1BA$575
The Park1C1BR,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 December 24, 2025 the best value apartment in the Downtown Lubbock area is the $0.70 price per square foot Plan 1655 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,159. The second greatest value Downtown Lubbock apartment is the 4BR/4BA - Standard Model at Park East starting at $479 with a $0.36 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$0.70
Park East4BR/4BA - Standard4BR,4BA$0.36
The Bloc3BR/3BA3BR,3BA$0.57
Parkridge PlaceRegal2BR,2.5BA$0.83
Las ColinasLa Hacienda2BR,1.5BA$0.88
The Collective at Lubbock2x2 Townhome2BR,2BA$0.81
Courtyards At Monterey2 BD/1.5 BA2BR,1.5BA$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
Waterside Village1 bedroom 1 bathroom1BR,1BA$0.84

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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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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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 461 Apartments for Rent in Downtown Lubbock, TX with pricing that ranges from $376 to $3,700. There are also 586 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lubbock ranging from $475 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 $475 to $3,850 with an average monthly rent of $1,456.

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 $550 to $3,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $3,850. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $474.

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 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!