
Cheap Apartments for Rent in the Parkway And Cherry Point Neighborhood of Lubbock, TX from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway And Cherry Point area of Lubbock.


Crown Ridge Apartments

Estrada North

2420 E 10th St

Madison Park
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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.

2726 E 2nd St

1730 E Dartmouth St

2403 E 5th St

312 Beech Ave

3016 E 3rd St
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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.

2726 E 2nd St

808 Vanda Ave

1802 E 2nd St

2912 E Baylor St

312 Beech Ave
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1933 E Colgate St
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 1 Bedroom Apartments | $724 | $353 | $907 |
| Parkway And Cherry Point 2 Bedroom Apartments | $927 | $675 | $1,074 |
| Parkway And Cherry Point 3 Bedroom Apartments | $1,056 | $695 | $1,600 |
| Parkway And Cherry Point 4 Bedroom Apartments | $1,095 | $944 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Parkway And Cherry Point Neighborhood of Lubbock, TX.
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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 1 Bed unit found at Crown Ridge Apartments priced from $525. Madison Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $653. Here are the most affordable Parkway And Cherry Point apartments for rent in Lubbock, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge Apartments | 1 Bedroom | 1BR,1BA | $525 |
| Madison Park | One Bedroom | 1BR,1BA | $653 |
| Emory | A2 | 1BR,1BA | $674 |
| Estrada North | A1-MKT | 1BR,1BA | $907 |
| Elliston Commons | 3 Bedroom | 3BR,1BA | $950 |
Best Value Apartments for Rent in Parkway And Cherry Point, TX
As of June 03, 2026 the best value apartment in the Parkway And Cherry Point area is the $0.99 price per square foot 3 Bedroom Model at Elliston Commons in the in the East Lubbock neighborhood starting from $950. The second greatest value Parkway And Cherry Point apartment is the A3 Model at Emory starting at $835 with a $1.09 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. |
|---|---|---|---|
| Elliston Commons | 3 Bedroom | 3BR,1BA | $0.99 |
| Emory | A3 | 1BR,1BA | $1.09 |
| Estrada North | A1-MKT | 1BR,1BA | $1.21 |
| Crown Ridge Apartments | 1 Bedroom | 1BR,1BA | $0.85 |
| Madison Park | One Bedroom | 1BR,1BA | $1.07 |
Frequently Asked Questions about Cheap Parkway And Cherry Point Apartments
What is the price of a cheap apartment in Parkway And Cherry Point?
The cheapest apartment in Parkway And Cherry Point is Crown Ridge Apartments which is listed at $525, while the average apartment in Parkway And Cherry Point costs $1,095.
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 15 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 $313 which is $782 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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.