Cheap Homes for Rent in Preston Smith Neighborhood of Lubbock, TX from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Preston Smith area of Lubbock.

9613 Beaufort Ave

5546 93rd St
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.

5604 87th Pl

5719 93rd St
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.

Furnished Studio-Lubbock - Southwest
Preston Smith, Lubbock, TX Local Guide

How much does it cost to rent a home in Preston Smith?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Smith 3 Bedroom Homes for Rent | $1,570 | $1,250 | $1,800 |
| Preston Smith 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Preston Smith Neighborhood of Lubbock, TX.
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Preston Smith, Lubbock, TX Local Guide
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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 Birchwood Apartments priced from $550. Sundowner has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Preston Smith apartments for rent in Lubbock, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Birchwood Apartments | Small 1 Bedroom 1 Bath Apartment | $500 Off Fir... | 1BR,1BA | $550 |
| Sundowner | Efficiency | Studio,1BA | $625 |
| The Boulders at Lakeridge | IP/IB Floor Plan | 1BR,1BA | $650 |
Best Value Apartments for Rent in Preston Smith, TX
As of November 13, 2025 the best value apartment in the Preston Smith area is the $0.78 price per square foot B1 DN Upgraded end unit 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 3/2 R Model at Wyndham Apartments starting at $1,270 with a $1.10 price per square foot in the University Pines 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 DN Upgraded end unit | 2BR,2BA | $0.78 |
| Wyndham Apartments | 3/2 R | 3BR,2BA | $1.10 |
| Parkridge Place | Regal | 2BR,2.5BA | $0.83 |
| Las Colinas | El Palacio | 2BR,1.5BA | $0.84 |
| Windsor Creek Apartments | The Sonoma | 2BR,2BA | $1.02 |
| The Vineyards at Monterey | 2BD 2BA, sq ft 1044 | 2BR,2BA | $1.03 |
| Woodcrest Apartments | B1 | 2BR,2BA | $1.02 |
| Sagewood Apartments | Large 1 Bedroom | 1BR,1BA | $1.00 |
| The Boulders at Lakeridge | T Floor Plan | 1BR,1BA | $1.07 |
| Courtyards by the Lake | One Bedroom Large | 1BR,1BA | $1.13 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleLubbock 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
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestylePreston Smith, Lubbock, TX
Ranked #12
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Smith ranging from $1,250 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 $1,250 to $1,800 with an average monthly rent of $1,685.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

