Cheap Homes for Rent in Lubbock, TX from $400 (247 Rentals)

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

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 1925 27th St

$550

1 Bedroom Rentals

Available Now

1925 27th 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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property at 3809 36th St

$650

1 Bedroom Rentals

Available Now

3809 36th St

LubbockTX79413

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 2601 40th St

$695

1 Bedroom Rentals

Available Now

2601 40th St

LubbockTX79413

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 1701 Avenue T

$695 - $700

1 Bedroom Rentals

Available Now

1701 Avenue T

LubbockTX79401
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 Aug 1

1912 20th St, Unit B

1912 20th St
LubbockTX79411

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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Lubbock, TX Local Guide

Cheapest Neighborhoods for Apartments in Lubbock, TX

Pricing Updated: 07/27/2026

Current apartment rentals in the Lubbock, TX area range in price from $485 to $5,000 with an overall median price of $2,699. The three Lubbock neighborhoods with the lowest median rent pricing are Claytoncarter at $595, Dunbar Manhattan Heights at $1,125, and Chapel Hill at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lubbock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Claytoncarter$1,100$5953
Dunbar Manhattan Heights$1,250$1,1253
Chapel Hill$1,499$1,1502
Bayless Atkins$1,500$52514
East Lubbock$1,549$49539
Parkway And Cherry Point$1,549$69518
Windmill$1,549$69511
Preston Smith$1,625$8994
Southgate$1,625$52541
South Lubbock$1,637$67526

Cheapest Available Lubbock Apartments for Rent

 

The cheapest available apartment rental in Lubbock, TX is a 1 Bed unit found at The Heritage Apartments in the North Lubbock neighborhood priced from $499. Maples in the West Lubbock neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $499. Here is today’s list of the most affordable Lubbock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$499
Maples2 Beds, 1 Baths2BR,1BA$499
Crown Ridge Apartments1 Bedroom1BR,1BA$525
Estrada NorthA1-40%1BR,1BA$583
3215-3218 35th St1 Beds, 1 Baths1BR,1BA$599
Dylan ApartmentsStudio1BR,1BA$600
Wendover0 Bedroom 1 Bath - 70956Studio,1BA$605
Somerset ApartmentsEfficiencyStudio,1BA$610
District WestDuval1BR,1BA$615
Centre Suites I4x3.54BR,3BA$625

Best Value Apartments for Rent in Lubbock, TX

As of July 27, 2026 the best value apartment in the Lubbock area is the $0.82 price per square foot Plan 1818 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,499. The second greatest value Lubbock apartment is the D1D - 4x4 Penthouse Model at The Carlton House starting at $879 with a $0.63 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for Lubbock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Del Estrado TownhomesPlan 18183BR,2.5BA$0.82
The Carlton HouseD1D - 4x4 Penthouse4BR,4BA$0.63
Cantibury Pointe Apartments4.24BR,2BA$0.74
Quail CreekB2 semi upgrade2BR,2.5BA$0.77
710 16th St, Unit 710 B710 16th St3BR,2BA$0.74
The Edge | Student Housing2C - Furnished2BR,2BA$0.60
Wildwood Lubbock2BR/2BA - Flat2BR,2BA$0.78
Parkridge PlaceNoble2BR,2BA$0.81
Maples2 Beds, 1 Baths2BR,1BA$0.67
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lubbock, TX Rentals by Map

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See the most popular apartments and homes in Lubbock, TX

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Frequently Asked Questions about Lubbock

What type of rentals are currently available in Lubbock?

There are currently 708 Apartments for Rent in Lubbock, TX with pricing that ranges from $350 to $3,295. There are also 921 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lubbock ranging from $485 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lubbock ranges from $485 to $5,000 with an average monthly rent of $1,974.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lubbock range from $425 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $2,900. Four Bedroom Single-Family rentals are also available starting from $695 and Four Bedroom Apartments start at $350.

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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.