
Cheap Apartments for Rent in the Parkway And Cherry Point Neighborhood of Lubbock, TX from $353 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway And Cherry Point area of Lubbock.


Guadalupe Villas

1615 16th St, Unit 1B

Crown Ridge Apartments

2010 Ave. S-18, Unit 18

2010 Ave. S-4, Unit 4

2010 Ave. S-14, Unit 14
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Total Monthly Price
The Que

1615 16th St, Unit 5

1615 16th St, Unit 2

Inn Town Lofts

312 Beech Ave

Park Tower Apartments

Madison Park
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Estrada North

Lubbock- 1704 E. Dartmouth St.

2730 E 3rd St

808 Vanda Ave

1916 E 15th St

506 E Municipal Dr
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1803 E 1st Pl

2813 E 2nd 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 Studio Apartments | $783 | $499 | $1,178 |
| Parkway And Cherry Point 1 Bedroom Apartments | $790 | $353 | $1,178 |
| Parkway And Cherry Point 2 Bedroom Apartments | $1,016 | $504 | $1,504 |
| Parkway And Cherry Point 3 Bedroom Apartments | $1,222 | $825 | $1,734 |
| Parkway And Cherry Point 4 Bedroom Apartments | $1,205 | $1,001 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 23 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge Apartments | 1 Bedroom | 1BR, 1BA | $525 |
| Estrada North | A1-40% | 1BR, 1BA | $583 |
| The Que | Efficient Studio Apartment Home | Studio, 1BA | $625 |
| Inn Town Lofts | 1 bed 672sf | 1BR, 1BA | $716 |
| Park Tower Apartments | Efficiency (Large) | 1BR, 1BA | $765 |
Best Value Apartments for Rent in Parkway And Cherry Point, TX
As of September 19, 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 North Lubbock neighborhood starting from $1,275. The second greatest value Parkway And Cherry Point apartment is the B Model at Emory in the East Lubbock neighborhood starting at $1,008 with a $1.04 price per square foot. 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 |
| Emory | B | 2BR, 2BA | $1.04 |
| Elliston Commons | 3 Bedroom 1 Bath - 70936 | 3BR, 1BA | $0.93 |
| Madison Park | Two Bedroom | 2BR, 1BA | $0.98 |
| Estrada South | A1 | 1BR, 1BA | $1.21 |
| Estrada North | A1-MKT | 1BR, 1BA | $1.23 |
| Inn Town Lofts | 1 bed 672sf | 1BR, 1BA | $1.07 |
| Crown Ridge Apartments | 1 Bedroom | 1BR, 1BA | $0.85 |
| Park Tower Apartments | Efficiency (Large) | 1BR, 1BA | $1.93 |
| The Que | Efficient Studio Apartment Home | Studio, 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 $937.
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 12 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 $406 which is $531 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

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.

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
