Cheap Homes for Rent in Southgate Neighborhood of Lubbock, TX from $500 (24 Rentals)

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Search the lowest-cost Homes available for rent right now in the Southgate 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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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.

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property at 2103 49th St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2103 49th St, Unit D, Unit D

2103 49th St
LubbockTX79412

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-24, Page 1 of 1

Cheapest Available Southgate Apartments for Rent

 

The cheapest available apartment rental in the Southgate area of Lubbock, TX is a 1 Bed unit found at Cottonwood Apartments priced from $615. The Preserve at Prairie Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable Southgate apartments for rent in Lubbock, TX:

Apartment ListingModel NameBed/BathPriced From
Cottonwood Apartments1/11BR,1BA$615
The Preserve at Prairie PointeThe Nest1BR,1BA$705
Brickstone VillasThe Mustang1BR,1BA$895
Reserves at South PlainsB2-60%2BR,2BA$1,056

Best Value Apartments for Rent in Southgate, TX

As of May 21, 2026 the best value apartment in the Southgate area is the $1.12 price per square foot C3-MKT Model at Reserves at South Plains in the in the University Pines neighborhood starting from $1,337. The second greatest value Southgate apartment is the The Gateway Model at The Preserve at Prairie Pointe starting at $1,075 with a $1.19 price per square foot in the University Pines neighborhood. Here is today’s list of the best values for Southgate apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reserves at South PlainsC3-MKT3BR,2BA$1.12
The Preserve at Prairie PointeThe Gateway2BR,2BA$1.19
Brickstone VillasThe Mustang1BR,1BA$1.41
Cottonwood Apartments1/11BR,1BA$1.17

Frequently Asked Questions about Southgate

What type of rentals are currently available in Southgate?

There are currently 90 Apartments for Rent in Southgate, TX with pricing that ranges from $477 to $1,799. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southgate ranging from $595 to $2,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southgate ranges from $595 to $2,000 with an average monthly rent of $1,129.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.