
Cheap Apartments for Rent in the Preston Smith Neighborhood of Lubbock, TX from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preston Smith area of Lubbock.


Sundowner

Parkside Apartments

The Boulders at Lakeridge

Courtyards by the Lake

4610 52nd St

Sagewood Apartments

Oakridge Apartments
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.

Woodcrest Apartments

Hunters Way

The Enclave

Lubbock Lakeway Apartments

4630 52nd St

The Fountains Apartments

Crest at Cooper

Parkridge Place
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.

Windsor Creek Apartments

Saddlewood Apartments

Quail Creek

Vineyards at Monterey

The Dominion

Wyndham Apartments

Dakota Arms
Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock
Explore Lubbock's most affordable neighborhoods! A local expert shares an inside scoop on areas like West End and Downtown, covering cost of living, attractions, and more.

Monarch Point

Salt Creek

Stonebridge at Ironton

Coachlight Of Lubbock

Farrar West

The Loft Apartments

Quaker Terrace

Driftwood Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

4602-4644 52nd St

Westlake Apartments

Courtyard Villas

Lubbock Heights South

Arbor Oaks

Parkside Apartments

The Providence- Senior Living

Tuscany Place
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Preston Smith, Lubbock, TX Local Guide

How much does it cost to rent an apartment in Preston Smith?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Smith Studio Apartments | $957 | $625 | $1,290 |
| Preston Smith 1 Bedroom Apartments | $914 | $550 | $1,444 |
| Preston Smith 2 Bedroom Apartments | $1,071 | $725 | $1,689 |
| Preston Smith 3 Bedroom Apartments | $1,480 | $989 | $3,495 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Preston Smith Neighborhood of Lubbock, TX.
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Cheapest Available Preston Smith Apartments for Rent
 The cheapest available apartment rental in the Preston Smith area of Lubbock, TX is a 1 Bed unit found at Stonebridge at Ironton priced from $409. Birchwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Preston Smith apartments for rent in Lubbock, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonebridge at Ironton | 1 Bedroom 1 Bathroom A1 | 1BR,1BA | $409 |
| Birchwood Apartments | Small 1 Bedroom · 1 Bath Apartment | $500 OFF Y... | 1BR,1BA | $550 |
| The Boulders at Lakeridge | IP/IB Floor Plan | 1BR,1BA | $650 |
| Courtyards by the Lake | One Bedroom Small | 1BR,1BA | $700 |
| Sundowner | Loft | 1BR,1BA | $725 |
| Sagewood Apartments | Small 1 Bedroom - Phase 2 | 1BR,1BA | $740 |
| Oakridge Apartments | Plan A | 1BR,1BA | $740 |
| Woodcrest Apartments | E1 | 1BR,1BA | $740 |
| Hunters Way | The Cyprus | 1BR,1BA | $750 |
| Parkside Apartments | A2P | 1BR,1BA | $755 |
Best Value Apartments for Rent in Preston Smith, TX
As of January 09, 2026 the best value apartment in the Preston Smith area is the $0.78 price per square foot B1 upstairs complete upgrade Model at Quail Creek in the in the Outer North Inner Loop neighborhood starting from $940. The second greatest value Preston Smith apartment is the Regal Model at Parkridge Place starting at $900 with a $0.80 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Quail Creek | B1 upstairs complete upgrade | 2BR,2BA | $0.78 |
| Parkridge Place | Regal | 2BR,2.5BA | $0.80 |
| Windsor Creek Apartments | The Sonoma | 2BR,2BA | $1.02 |
| Las Colinas | La Hacienda | 2BR,1.5BA | $0.88 |
| Vineyards at Monterey | B1 | 2BR,2BA | $1.04 |
| Saddlewood Apartments | 2 Bedroom A Upgrade | 2BR,2BA | $1.03 |
| Stonebridge at Ironton | 1 Bedroom 1 Bathroom A1 | 1BR,1BA | $0.51 |
| Crest at Cooper | Lennox | 1BR,1BA | $1.12 |
| Sundowner | Loft | 1BR,1BA | $1.03 |
| The Boulders at Lakeridge | T Floor Plan | 1BR,1BA | $1.07 |
Frequently Asked Questions about Cheap Preston Smith Apartments
How much is rent for a Cheap One Bedroom Preston Smith Apartment?
The lowest price for a Cheap One Bedroom Preston Smith Apartment is $409 at Stonebridge at Ironton.
What is the lowest price for a Cheap Two Bedroom Preston Smith Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Preston Smith is starting from $484 at Stonebridge at Ironton.
What is the most affordable Preston Smith Three Bedroom Apartment?
The best deal on a cheap Preston Smith Three Bedroom Apartment rental is at Stonebridge at Ironton and starts from $539.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.
