Cheap Homes for Rent in Preston Smith Neighborhood of Lubbock, TX from $1,200 (6 Rentals)

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

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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. The Boulders at Lakeridge 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
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$409
The Boulders at LakeridgeIP/IB Floor Plan1BR,1BA$650
Courtyards by the LakeOne Bedroom Small1BR,1BA$700

Best Value Apartments for Rent in Preston Smith, TX

As of January 02, 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 $935 with a $0.83 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 CreekB1 upstairs complete upgrade2BR,2BA$0.78
Parkridge PlaceRegal2BR,2.5BA$0.83
Windsor Creek ApartmentsThe Sonoma2BR,2BA$1.02
Las ColinasLa Hacienda2BR,1.5BA$0.88
Saddlewood Apartments2 Bedroom A Upgrade2BR,2BA$1.03
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$0.51
Crest at CooperLennox1BR,1BA$1.12
SundownerLoft1BR,1BA$1.03
The Boulders at LakeridgeT Floor Plan1BR,1BA$1.07
Courtyards by the LakeOne Bedroom Large1BR,1BA$1.13

Frequently Asked Questions about Preston Smith

What type of rentals are currently available in Preston Smith?

There are currently 66 Apartments for Rent in Preston Smith, TX with pricing that ranges from $550 to $3,495. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Smith ranging from $1,200 to $1,800.

What is the current price range for Rental Homes in Preston Smith?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Preston Smith ranges from $1,200 to $1,800 with an average monthly rent of $1,692.

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.

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.