
Cheap Apartments for Rent in the Parkway And Cherry Point Neighborhood of Lubbock, TX from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway And Cherry Point area of Lubbock.


Guadalupe Villas

Inn Town Lofts

The Que

Crown Ridge Apartments

2420 E 10th St
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.

Madison Park

1730 E Dartmouth St

2010 Ave. S, Unit 9

2010 Ave. S, Unit 14

2705 E 2nd St

2202 15th St
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.
Parkway And Cherry Point, Lubbock, TX Local Guide

How much does it cost to rent an apartment in Parkway And Cherry Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway And Cherry Point Studio Apartments | $787 | $392 | $1,142 |
| Parkway And Cherry Point 1 Bedroom Apartments | $762 | $353 | $1,218 |
| Parkway And Cherry Point 2 Bedroom Apartments | $985 | $454 | $1,458 |
| Parkway And Cherry Point 3 Bedroom Apartments | $1,098 | $695 | $1,695 |
| Parkway And Cherry Point 4 Bedroom Apartments | $1,157 | $944 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Parkway And Cherry Point Neighborhood of Lubbock, TX.
See all Apartments in LubbockExplore Lubbock
Cheapest Available Parkway And Cherry Point Apartments for Rent
 The cheapest available apartment rental in the Parkway And Cherry Point area of Lubbock, TX is a Studio unit found at Inn Town Lofts priced from $392. The Que has the second lowest priced unit, which is a Studio apartment currently listed from $484. Here are the most affordable Parkway And Cherry Point apartments for rent in Lubbock, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Inn Town Lofts | Studio 572sf | Studio,1BA | $392 |
| The Que | E1 | Studio,1BA | $484 |
| Crown Ridge Apartments | 1 Bedroom | 1BR,1BA | $525 |
| Madison Park | One Bedroom | 1BR,1BA | $653 |
| Emory | A2 | 1BR,1BA | $674 |
Best Value Apartments for Rent in Parkway And Cherry Point, TX
As of April 14, 2026 the best value apartment in the Parkway And Cherry Point area is the $1.06 price per square foot Redwood Model at Cypress Grove in the in the North Lubbock neighborhood starting from $1,275. The second greatest value Parkway And Cherry Point apartment is the C2 Model at Estrada North starting at $1,377 with a $1.25 price per square foot in the East Lubbock neighborhood. Here is today’s list of the best values for Parkway And Cherry Point apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cypress Grove | Redwood | 3BR,2BA | $1.06 |
| Estrada North | C2 | 3BR,2BA | $1.25 |
| Guadalupe Villas | B4-60 | 2BR,2BA | $1.04 |
| Elliston Commons | 3 Bedroom | 3BR,1BA | $0.99 |
| Emory | A3 | 1BR,1BA | $1.09 |
| Estrada South | A1 | 1BR,1BA | $1.21 |
| Inn Town Lofts | 1 bed 702sf | 1BR,1BA | $1.74 |
| Crown Ridge Apartments | 1 Bedroom | 1BR,1BA | $0.85 |
| Madison Park | One Bedroom | 1BR,1BA | $1.07 |
| The Que | E2 | Studio ,1BA | $1.91 |
Frequently Asked Questions about Cheap Parkway And Cherry Point Apartments
What is a cheap apartment in Parkway And Cherry Point?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkway And Cherry Point is under $1,059.
What is the price of a cheap apartment in Parkway And Cherry Point?
The cheapest apartment in Parkway And Cherry Point is Inn Town Lofts which is listed at $414, while the average apartment in Parkway And Cherry Point costs $1,193.
What types of apartments are the cheapest in Parkway And Cherry Point?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Parkway And Cherry Point that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parkway And Cherry Point?
Cheap apartments in Parkway And Cherry Point have an average cost of $468 which is $725 cheaper than the average rent for all rentals in Parkway And Cherry Point.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.