Cheap Apartments for Rent in the Preston Smith Neighborhood of Lubbock, TX from $600 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Preston Smith area of Lubbock.

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Showing Results 1-33, Page 1 of 1

Cheapest Available Preston Smith Apartments for Rent

 

The cheapest available apartment rental in the Preston Smith area of Lubbock, TX is a Studio unit found at Sundowner priced from $625. Birchwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Preston Smith apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
SundownerEfficiencyStudio,1BA$625
Birchwood ApartmentsRenovated Small 1 Bedroom · 1 Bath Apartment 1s...1BR,1BA$650
The Boulders at LakeridgeR1 Floor Plan1BR,1BA$665
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$714
Woodcrest ApartmentsE11BR,1BA$740
The Fountains ApartmentsFlat1BR,1BA$799
Parkridge PlaceNoble2BR,2BA$835
Windsor Creek ApartmentsThe Sausalito1BR,1BA$850
Sagewood Apartments2 Bedroom2BR,2BA$855
Parkside ApartmentsB1P2BR,2BA$859

Best Value Apartments for Rent in Preston Smith, TX

As of May 25, 2026 the best value apartment in the Preston Smith area is the $0.75 price per square foot B2 TH Upgraded Model at Quail Creek in the in the Outer North Inner Loop neighborhood starting from $980. The second greatest value Preston Smith apartment is the Noble Model at Parkridge Place starting at $835 with a $0.76 price per square foot in the Outer North Inner Loop neighborhood. Here is today’s list of the best values for Preston Smith apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Quail CreekB2 TH Upgraded2BR,2.5BA$0.75
Parkridge PlaceNoble2BR,2BA$0.76
Las ColinasLa Hacienda2BR,1.5BA$0.85
The EnclaveMonte Carlo2BR,2BA$1.10
Crest at CooperStetson2BR,2.5BA$1.05
Sagewood Apartments2 Bedroom2BR,2BA$0.91
Parkside ApartmentsB2P2BR,1BA$1.04
Hunters WayThe Willow2BR,2BA$1.03
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$0.90
The Boulders at LakeridgeT Floor Plan1BR,1BA$1.07

Frequently Asked Questions about Cheap Preston Smith Apartments

What is the price of a cheap apartment in Preston Smith?

The cheapest apartment in Preston Smith is Birchwood Apartments which is listed at $650, while the average apartment in Preston Smith costs $1,362.

What types of apartments are the cheapest in Preston Smith?

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 9 regular apartments in Preston Smith 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 Preston Smith?

Cheap apartments in Preston Smith have an average cost of $147 which is $1,215 cheaper than the average rent for all rentals in Preston Smith.

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 Lubbock Student Life: A Local Experts Guide to Top Neighborhoods to Rent Near Tech and Other Local Campuses article

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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.