Cheap Apartments for Rent in the Parkway And Cherry Point Neighborhood of Lubbock, TX from $300 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkway And Cherry Point area of Lubbock.

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property at 2726 E 2nd St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

3 Bedroom, 1 Bath Home for Rent

Available Now

2726 E 2nd St

LubbockTX79403
property at 312 Beech Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

3 Bedroom, 1 Bath Home for Rent

Available Now

312 Beech Ave

LubbockTX79403

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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 ListingModel NameBed/BathPriced From
Crown Ridge Apartments1 Bedroom1BR,1BA$525
Madison ParkOne Bedroom1BR,1BA$653
EmoryA21BR,1BA$674
Estrada NorthA1-MKT1BR,1BA$907
Elliston Commons3 Bedroom3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Elliston Commons3 Bedroom3BR,1BA$0.99
EmoryA31BR,1BA$1.09
Estrada NorthA1-MKT1BR,1BA$1.21
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85
Madison ParkOne Bedroom1BR,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

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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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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.

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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.

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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.