
Cheap Apartments for Rent in the Waters Neighborhood of Lubbock, TX from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waters area of Lubbock.


Cottonwood Apartments

The Boulders at Lakeridge

5413 Temple Ave

Aurora Flats
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.

Courtyards At Monterey

1101 65th St

Courtyards by the Lake

1520 82nd St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

4613 Belton Ave

The Enclave

Waterside Village

Lubbock Lakeway Apartments

Stonelake Apartment Homes

1512 82nd St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Waters, Lubbock, TX Local Guide

How much does it cost to rent an apartment in Waters?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waters Studio Apartments | $703 | $669 | $799 |
Waters 1 Bedroom Apartments | $891 | $615 | $2,534 |
Waters 2 Bedroom Apartments | $930 | $469 | $2,975 |
Waters 3 Bedroom Apartments | $1,235 | $530 | $1,800 |
Waters 4 Bedroom Apartments | $1,556 | $1,400 | $1,699 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Waters Neighborhood of Lubbock, TX.
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Waters, Lubbock, TX Local Guide
- Nearby Lubbock neighborhoods
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- School Districts
Cheapest Available Waters Apartments for Rent
 The cheapest available apartment rental in the Waters area of Lubbock, TX is a 1 Bed unit found at Cottonwood Apartments priced from $615. Aurora Flats has the second lowest priced unit, which is a Studio apartment currently listed from $669. Here are the most affordable Waters apartments for rent in Lubbock, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cottonwood Apartments | 1/1 | 1BR,1BA | $615 |
Aurora Flats | A | Studio,1BA | $669 |
Courtyards At Monterey | Efficiency | Studio,1BA | $675 |
Courtyards by the Lake | One Bedroom Small | 1BR,1BA | $700 |
Lubbock Square | A2 | 1BR,1BA | $721 |
Sundowner | Loft | 1BR,1BA | $725 |
The Boulders at Lakeridge | IP/IB Floor Plan | 1BR,1BA | $725 |
The Enclave | Brussels- A1 | 1BR,1BA | $760 |
Lubbock Lakeway Apartments | One Bedroom | 1BR,1BA | $775 |
San Remy | The Lavender | 1BR,1BA | $849 |
Best Value Apartments for Rent in Waters, TX
As of July 09, 2025 the best value apartment in the Waters area is the $0.84 price per square foot Plan 2027 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,699. The second greatest value Waters apartment is the 7410 Avenue X Model at 7410 Avenue X, Unit 403 starting at $850 with a $0.63 price per square foot in the South Lubbock neighborhood. Here is today’s list of the best values for Waters apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Del Estrado Townhomes | Plan 2027 | 4BR,3BA | $0.84 |
7410 Avenue X, Unit 403 | 7410 Avenue X | 2BR,2BA | $0.63 |
Greenwood Apartments A | LG2BR | 2BR,2BA | $1.09 |
6522 Temple Ave, Unit 1 | 6522 Temple Ave | 3BR,1BA | $0.88 |
Reserves at South Plains | B2-60% | 2BR,2BA | $1.06 |
Lubbock Square | B1 | 2BR,1BA | $0.99 |
San Remy | The Lavender | 1BR,1BA | $1.13 |
Sundowner | Flat | 1BR,1BA | $1.03 |
Courtyards by the Lake | One Bedroom Large | 1BR,1BA | $1.13 |
Courtyards At Monterey | Efficiency | Studio ,1BA | $1.09 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleWaters, Lubbock, TX
Ranked #21
Among neighborhoods in Lubbock, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Waters, Lubbock, TX
School data provided by Great Schools
Getting Around the Waters Neighborhood in Lubbock, TX
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waters Apartments
How much is rent for a Cheap One Bedroom Waters Apartment?
The lowest price for a Cheap One Bedroom Waters Apartment is $615 at Cottonwood Apartments.
What is the lowest price for a Cheap Two Bedroom Waters Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waters is starting from $650 at Cottonwood Apartments.
What is the most affordable Waters Three Bedroom Apartment?
The best deal on a cheap Waters Three Bedroom Apartment rental is at Lubbock Square and starts from $976.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.