Cheap Apartments for Rent in the Waters Neighborhood of Lubbock, TX from $400 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

property at 1512 82nd St

1512 82nd St

LubbockTX79423
close
View Me
Village Square
2 Bedroom Apartments

Village Square

6517 Avenue TLubbock, TX 79412
  • Utilities Included
close
View Me
Le Bass Apartments
1 to 2 Bedroom Apartments

Le Bass Apartments

6512 Avenue RLubbock, TX 79412
  • Utilities Included
close
View Me
Coachlight Of Lubbock
Studio to 2 Bedroom Apartments

Coachlight Of Lubbock

7906 Indiana PlLubbock, TX 79423
  • Utilities Included

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.

close
View Me
The Loft Apartments
1 Bedroom Apartments

The Loft Apartments

4614 67th StLubbock, TX 79414
  • Utilities Included
close
View Me
Elara Villa on 51st
1 to 2 Bedroom Apartments

Elara Villa on 51st

2301-2311 51st StLubbock, TX 79412
  • Utilities Included
close
View Me
Quaker Terrace
1 to 2 Bedroom Apartments

Quaker Terrace

7410 Quaker AveLubbock, TX 79424
close
View Me
Driftwood Apartments
1 to 2 Bedroom Apartments

Driftwood Apartments

5501 Utica AveLubbock, TX 79414
  • Utilities Included
close
View Me
4602-4644 52nd St
2 Bedroom Apartments

4602-4644 52nd St

4602-4644 52nd StLubbock, TX 79414
  • Utilities Included
close
View Me
Courtyard Villas
1 to 2 Bedroom Apartments

Courtyard Villas

4619 66th StLubbock, TX 79414
close
View Me
5005 Avenue W
2 Bedroom Apartments

5005 Avenue W

5005 Avenue WLubbock, TX 79412
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
6909-6918 Fremont Ave
2 Bedroom Apartments

6909-6918 Fremont Ave

6909-6918 Fremont AveLubbock, TX 79413
  • Utilities Included
close
View Me
1312 65th Dr
1 Bedroom Apartments

1312 65th Dr

1312 65th DrLubbock, TX 79412

Waters, Lubbock, TX Local Guide

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 ListingModel NameBed/BathPriced From
Cottonwood Apartments1/11BR,1BA$615
Aurora FlatsAStudio,1BA$669
Courtyards At MontereyEfficiencyStudio,1BA$675
Courtyards by the LakeOne Bedroom Small1BR,1BA$700
Lubbock SquareA21BR,1BA$721
SundownerLoft1BR,1BA$725
The Boulders at LakeridgeIP/IB Floor Plan1BR,1BA$725
The EnclaveBrussels- A11BR,1BA$760
Lubbock Lakeway ApartmentsOne Bedroom1BR,1BA$775
San RemyThe Lavender1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Del Estrado TownhomesPlan 20274BR,3BA$0.84
7410 Avenue X, Unit 4037410 Avenue X2BR,2BA$0.63
Greenwood Apartments ALG2BR2BR,2BA$1.09
6522 Temple Ave, Unit 16522 Temple Ave3BR,1BA$0.88
Reserves at South PlainsB2-60%2BR,2BA$1.06
Lubbock SquareB12BR,1BA$0.99
San RemyThe Lavender1BR,1BA$1.13
SundownerFlat1BR,1BA$1.03
Courtyards by the LakeOne Bedroom Large1BR,1BA$1.13
Courtyards At MontereyEfficiencyStudio ,1BA$1.09

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Waters, Lubbock, TX

Ranked #21

Among neighborhoods in Lubbock, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.