Cheap Homes for Rent in Lubbock, TX from $400 (340 Rentals)

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Search the lowest-cost Homes available for rent right now in 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 2220 20th St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Now

2220 20th St

LubbockTX79411
property at 4302 16th St

$500 - $550

1 Bedroom Rentals

Available Now

4302 16th St

LubbockTX79416
property at 1809 14th St

$550

1 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 2429 23rd St

$575 - $725

1 To 2 Bedroom Rentals

Available Now

2429 23rd 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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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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Lubbock, TX Local Guide

Cheapest Neighborhoods for Apartments in Lubbock, TX

Pricing Updated: 02/26/2026

Current apartment rentals in the Lubbock, TX area range in price from $353 to $3,495 with an overall median price of $1,295. The three Lubbock neighborhoods with the lowest median rent pricing are Chatman Hill at $376, Chatman Park at $376, and Downtown Lubbock at $376. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lubbock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Chatman Hill$879$376228
Chatman Park$899$376111
Downtown Lubbock$930$376691
Slaton Bean$979$376362
Guadalupe$995$353352
Arnett Benson$999$376395
Claytoncarter$999$353329
Heart Of Lubbock$999$376397
South Overton$999$376390
Maxey Park$1,007$449390

Cheapest Available Lubbock Apartments for Rent

 

The cheapest available apartment rental in Lubbock, TX is a Studio unit found at Inn Town Lofts in the North Lubbock neighborhood priced from $392. The Que in the Chatman Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $484. Here is today’s list of the most affordable Lubbock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Inn Town LoftsStudio 572sfStudio,1BA$392
The QueE1Studio,1BA$484
The ParkPark Efficiency1BR,1BA$499
Crown Ridge Apartments1 Bedroom1BR,1BA$525
WendoverDanburyStudio,1BA$535
University Club Apartments1 BR, 1 BA1BR,1BA$549
3215-3218 35th St1 Beds, 1 Baths1BR,1BA$549
16th Place1 Beds, 1 Baths1BR,1BA$599

Best Value Apartments for Rent in Lubbock, TX

As of February 26, 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 4.2 Model at Cantibury Pointe Apartments starting at $960 with a $0.70 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
Cantibury Pointe Apartments4.24BR,2BA$0.70
The Bloc - Historical Access3BR/3BA3BR,3BA$0.57
Quail CreekB1 upstairs complete upgrade2BR,2BA$0.78
Wildwood Lubbock2BR/2BA - Flat2BR,2BA$0.71
The Collective at Lubbock2x2 Townhome2BR,2BA$0.81
Waterside Village2 bedroom / 2 bathroom - standard2BR,2BA$0.78
Branchwater VillasLarge 1 Bed, 1 Bath Villa1BR,1BA$0.83
16th Place1 Beds, 1 Baths1BR,1BA$0.70
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$0.51

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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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 588 Apartments for Rent in Lubbock, TX with pricing that ranges from $353 to $3,495. There are also 1132 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lubbock ranging from $485 to $5,225.

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 $5,225 with an average monthly rent of $1,522.

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 $503 to $3,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $575 to $3,850. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $449.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.