Cheap Apartments for Rent in the South Lubbock Neighborhood of Lubbock, TX from $400 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Lubbock area of Lubbock.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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Amberwood
Studio Apartments

Amberwood

2401 73rd StLubbock, TX 79423
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7403 Waco Ave
Studio Apartments

7403 Waco Ave

7403 Waco AveLubbock, TX 79423
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2316 62nd St
2 Bedroom Apartments

2316 62nd St

2316 62nd StLubbock, TX 79412
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The Pavilion
1 to 2 Bedroom Apartments

The Pavilion

2602 82nd StLubbock, TX 79423

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.

South Lubbock, Lubbock, TX Local Guide

Cheapest Available South Lubbock Apartments for Rent

 

The cheapest available apartment rental in the South Lubbock area of Lubbock, TX is a 1 Bed unit found at Waterside Village priced from $735. San Remy has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here are the most affordable South Lubbock apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Waterside Village1 bedroom 1 bathroom1BR,1BA$735
San RemyThe Lavender2BR,1BA$795
Stonelake Apartment HomesE1BR,1BA$795
The PavilionRenovated 1 Bed 1 Bath1BR,1BA$850
Aurora FlatsC2BR,2BA$900

Best Value Apartments for Rent in South Lubbock, TX

As of July 12, 2026 the best value apartment in the South Lubbock area is the $0.82 price per square foot Plan 1818 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,499. The second greatest value South Lubbock apartment is the 1 bedroom / 1 bathroom Remodel Model at Waterside Village starting at $815 with a $0.93 price per square foot in the South Lubbock neighborhood. Here is today’s list of the best values for South Lubbock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Del Estrado TownhomesPlan 18183BR,2.5BA$0.82
Waterside Village1 bedroom / 1 bathroom Remodel1BR,1BA$0.93
Aurora FlatsC2BR,2BA$1.16
San RemyThe Lavender1BR,1BA$1.06
Stonelake Apartment HomesE1BR,1BA$1.22
The PavilionRenovated 1 Bed 1 Bath1BR,1BA$1.42

Lubbock 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

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Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle

Ranked #

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about Cheap South Lubbock Apartments

How much is rent for a Cheap One Bedroom South Lubbock Apartment?

The lowest price for a Cheap One Bedroom South Lubbock Apartment is $735 at Waterside Village.

What is the lowest price for a Cheap Two Bedroom South Lubbock Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Lubbock is starting from $795 at San Remy.

What is the most affordable South Lubbock Three Bedroom Apartment?

The best deal on a cheap South Lubbock Three Bedroom Apartment rental is at Del Estrado Townhomes and starts from $1,499.

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 Expert's Guide to Top Neighborhoods to Rent Near Tech and Other Local Campuses article

Lubbock Student Life: A Local Expert's 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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.