Cheap Homes for Rent in Raintree Neighborhood of Lubbock, TX from $600 (15 Rentals)

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

property at 8601 Memphis Dr

$795 - $1,150

1 To 2 Bedroom Rentals

Available Now

8601 Memphis Dr

LubbockTX79423

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Cheapest Available Raintree Apartments for Rent

 

The cheapest available apartment rental in the Raintree area of Lubbock, TX is a 1 Bed unit found at The Boulders at Lakeridge priced from $665. 7410 Quaker Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Raintree apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
The Boulders at LakeridgeR1 Floor Plan1BR,1BA$665
7410 Quaker Ave1/11BR,1BA$700
Aurora FlatsB31BR,1BA$750
Waterside Village1 bedroom 1 bathroom1BR,1BA$775
San RemyThe Lavender2BR,1BA$795

Best Value Apartments for Rent in Raintree, TX

As of April 16, 2026 the best value apartment in the Raintree area is the $0.90 price per square foot 2334 78th St Model at 2334 78th St, Unit 2 in the in the South Lubbock neighborhood starting from $1,395. The second greatest value Raintree apartment is the 7410 Avenue X Model at 7410 Avenue X, Unit 401 starting at $800 with a $0.60 price per square foot in the South Lubbock neighborhood. Here is today’s list of the best values for Raintree apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2334 78th St, Unit 22334 78th St3BR,2.5BA$0.90
7410 Avenue X, Unit 4017410 Avenue X2BR,2BA$0.60
Reserves at South PlainsC3-MKT3BR,2BA$1.12
Greenwood Apartments ALG2BR2BR,2BA$1.09
Waterside Village1 bedroom 1 bathroom1BR,1BA$0.88
Saddlewood Apartments1 Bedroom C Upgrade1BR,1BA$1.06
San RemyThe Lavender1BR,1BA$1.06
Crest at CooperLennox1BR,1BA$1.09
The Boulders at LakeridgeT Floor Plan1BR,1BA$1.07
Aurora FlatsB31BR,1BA$1.15

Frequently Asked Questions about Raintree

What type of rentals are currently available in Raintree?

There are currently 97 Apartments for Rent in Raintree, TX with pricing that ranges from $477 to $3,495. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raintree ranging from $695 to $2,550.

What is the current price range for Rental Homes in Raintree?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Raintree ranges from $695 to $2,550 with an average monthly rent of $1,309.

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 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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.