Cheap Homes for Rent in Parkway And Cherry Point Neighborhood of Lubbock, TX from $500 (4 Rentals)

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

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Parkway And Cherry Point, Lubbock, TX Local Guide

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

As of December 22, 2025 the best value apartment in the Parkway And Cherry Point area is the $1.04 price per square foot B Model at Emory in the in the East Lubbock neighborhood starting from $1,008. The second greatest value Parkway And Cherry Point apartment is the 3 Bedroom Model at Elliston Commons starting at $750 with a $0.78 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.
EmoryB2BR,2BA$1.04
Elliston Commons3 Bedroom3BR,1BA$0.78
Estrada NorthA1-MKT1BR,1BA$1.21
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85
Madison ParkOne Bedroom1BR,1BA$1.09

Lubbock Student Life: A Local Expert's Guide to Top Neighborhoods to Rent Near Tech and Other Local Campuses

Our local expert Tours the Top Lubbock Student Friendly Neighborhoods Near Texas Tech, LCU, South Plains College, and Wayland Baptist

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Parkway And Cherry Point, Lubbock, TX

Ranked #27

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Parkway And Cherry Point

What type of rentals are currently available in Parkway And Cherry Point?

There are currently 14 Apartments for Rent in Parkway And Cherry Point, TX with pricing that ranges from $353 to $1,233. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway And Cherry Point ranging from $550 to $1,350.

What is the current price range for Rental Homes in Parkway And Cherry Point?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway And Cherry Point ranges from $550 to $1,350 with an average monthly rent of $890.

How much are larger Three and Four Bedroom Rentals in Parkway And Cherry Point?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway And Cherry Point range from $725 to $1,233, while Three Bedroom Homes, Condos, and Townhomes for rent range from $575 to $1,350. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $970.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!