Cheap Homes for Rent in Preston Smith Neighborhood of Lubbock, TX from $1,300 (5 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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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.

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Preston Smith, Lubbock, TX Local Guide

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 Birchwood Apartments priced from $550. Courtyards by the Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Preston Smith apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Birchwood ApartmentsSmall 1 Bedroom 1 Bath Apartment | $65 Total Mo...1BR,1BA$550
Courtyards by the LakeOne Bedroom Small1BR,1BA$700
The EnclaveBrussels- A11BR,1BA$705

Best Value Apartments for Rent in Preston Smith, TX

As of September 08, 2025 the best value apartment in the Preston Smith area is the $0.77 price per square foot B1 upstairs complete upgrade Model at Quail Creek in the in the Outer North Inner Loop neighborhood starting from $930. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Quail CreekB1 upstairs complete upgrade2BR,2BA$0.77
Parkridge PlaceRegal2BR,2.5BA$0.80
Las ColinasLa Hacienda2BR,1.5BA$0.85
The Vineyards at Monterey2BD 2BA, sq ft 10442BR,2BA$1.03
Parkside ApartmentsB3P2BR,2BA$1.00
Crest at CooperStetson2BR,2.5BA$1.11
Woodcrest ApartmentsB12BR,2BA$1.02
Wyndham Apartments2/1 R2BR,1BA$1.14
The Boulders at LakeridgeR1 Floor Plan1BR,1BA$1.15
Courtyards by the LakeOne Bedroom Large1BR,1BA$1.13

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Pet Friendly Lifestyle
Preston Smith, Lubbock, TX

Ranked #7

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 Preston Smith

What type of rentals are currently available in Preston Smith?

There are currently 32 Apartments for Rent in Preston Smith, TX with pricing that ranges from $550 to $3,495. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Smith ranging from $1,395 to $2,500.

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 $1,395 to $2,500 with an average monthly rent of $2,036.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.