Cheap Apartments for Rent in the Parkway And Cherry Point Neighborhood of Lubbock, TX from $300 (24 Rentals)

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

Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock

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property at 801 Vanda Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

3 Bedroom, 1 Bath Home for Rent

Available Now

801 Vanda Ave

LubbockTX79403

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Showing Results 1-24, Page 1 of 1

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. Estrada North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $583. 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
Estrada NorthA1-40%1BR,1BA$583
The QueE1Studio,1BA$625
EmoryA21BR,1BA$674
Madison ParkOne Bedroom1BR,1BA$690

Best Value Apartments for Rent in Parkway And Cherry Point, TX

As of July 25, 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 3 Bedroom 1 Bath - 70936 Model at Elliston Commons starting at $1,050 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.
Cypress GroveRedwood3BR,2BA$1.06
Elliston Commons3 Bedroom 1 Bath - 709363BR,1BA$1.09
EmoryA31BR,1BA$1.09
Estrada NorthA1-MKT1BR,1BA$1.23
Estrada SouthA11BR,1BA$1.21
Inn Town Lofts1 bed 653sf1BR,1BA$1.41
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85
Madison ParkOne Bedroom1BR,1BA$1.13
Park Tower ApartmentsEfficiency (Large)1BR,1BA$1.93
The QueE1Studio ,1BA$2.23

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 $1,275.

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 $1,268.

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 13 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 $385 which is $883 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

decorative image for Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock article

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.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.