
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

1309 53rd St

Courtyards At Monterey

Waterside Village

4613 Belton Ave

Courtyards by the Lake
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Lubbock Square

Sundowner

Aurora Flats

Parkside Apartments

Lubbock Lakeway Apartments

Stonelake Apartment Homes
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6518 Temple Ave

1512 82nd St

7405 Avenue X
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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 | $997 | $675 | $1,469 |
Waters 1 Bedroom Apartments | $826 | $615 | $1,124 |
Waters 2 Bedroom Apartments | $909 | $477 | $1,210 |
Waters 3 Bedroom Apartments | $1,266 | $541 | $1,900 |
Waters 4 Bedroom Apartments | $1,674 | $1,499 | $1,850 |
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.
See all Apartments in LubbockExplore Lubbock
Waters, Lubbock, TX Local Guide
- Nearby Lubbock neighborhoods
- Nearby Cities
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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 2 Beds unit found at Cottonwood Apartments priced from $650. The Boulders at Lakeridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Waters apartments for rent in Lubbock, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cottonwood Apartments | 2/1 | 2BR,1BA | $650 |
The Boulders at Lakeridge | IP/IB Floor Plan | 1BR,1BA | $650 |
The Pavilion | Classic1 Bedroom 1 Bathroom | 1BR,1BA | $675 |
Waterside Village | 1 bedroom 1 bathroom | 1BR,1BA | $685 |
Courtyards by the Lake | One Bedroom Small | 1BR,1BA | $700 |
The Enclave | Brussels- A1 | 1BR,1BA | $705 |
Lubbock Square | A2 | 1BR,1BA | $721 |
Aurora Flats | B1 | 1BR,1BA | $730 |
Parkside Apartments | A2P | 1BR,1BA | $755 |
Courtyards At Monterey | 1 BD/1 BA | 1BR,1BA | $790 |
Best Value Apartments for Rent in Waters, TX
As of October 15, 2025 the best value apartment in the Waters area is the $0.82 price per square foot Plan 1655 Model at Del Estrado Townhomes in the in the South Lubbock neighborhood starting from $1,349. The second greatest value Waters apartment is the 3 BD/2.5 BA Model at Courtyards At Monterey starting at $1,150 with a $0.88 price per square foot in the WHAM 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 1655 | 3BR,2.5BA | $0.82 |
Courtyards At Monterey | 3 BD/2.5 BA | 3BR,2.5BA | $0.88 |
Wyndham Apartments | 3/2 R | 3BR,2BA | $1.10 |
Greenwood Apartments A | LG2BR | 2BR,2BA | $1.09 |
Reserves at South Plains | B2-60% | 2BR,2BA | $1.07 |
2107 49th St, Unit B | 2107 49th St | 2BR,1BA | $0.88 |
Waterside Village | 1 bedroom 1 bathroom | 1BR,1BA | $0.78 |
Lubbock Square | B1 | 2BR,1BA | $0.99 |
Cottonwood Apartments | 2/1 | 2BR,1BA | $0.86 |
The Boulders at Lakeridge | T Floor Plan | 1BR,1BA | $1.07 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWaters, Lubbock, TX
Ranked #20
Among cities in Texas 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
What is the price of a cheap apartment in Waters?
The cheapest apartment in Waters is The Boulders at Lakeridge which is listed at $650, while the average apartment in Waters costs $1,674.
What types of apartments are the cheapest in Waters?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Waters that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waters?
Cheap apartments in Waters have an average cost of $142 which is $1,532 cheaper than the average rent for all rentals in Waters.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.