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$4992 Bedroom Apartments Available Now
5005 Avenue W, Unit 10
5005 Avenue WLubbock, TX 79412
Cheap Homes for Rent in the Waters Neighborhood of Lubbock, TX from $695 (33 Rentals)
Search the lowest-cost Homes available for rent right now in the Waters area of Lubbock.
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$4992 Bedroom Apartments Available Sep 16
5005 Avenue W, Unit 6
5005 Avenue WLubbock, TX 79412
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$4992 Bedroom Apartments Available Sep 10
5005 Avenue W, Unit 5
5005 Avenue WLubbock, TX 79412
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$6492 Bedroom Apartments Available Now
2101 51st St, Unit A6
2101 51st StLubbock, TX 79412
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$6492 Bedroom Apartments Available Sep 8
2101 51st St, Unit A5
2101 51st StLubbock, TX 79412
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$6492 Bedroom Apartments Available Sep 9
2101 51st St, Unit B3
2101 51st StLubbock, TX 79412
2120 47th St
LubbockTX79412
2307 76th St
LubbockTX79423
Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock
Explore Lubbock's most affordable neighborhoods! A local expert shares an inside scoop on areas like West End and Downtown, covering cost of living, attractions, and more.
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$7492 Bedroom Apartments Available Oct 16
7402 Waco Ave, Unit D
7402 Waco AveLubbock, TX 79423
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$7752 Bedroom Apartments Available Now
4638 52nd St, Unit B
4638 52nd StLubbock, TX 79414
2406 46th St
LubbockTX79412
4609 Belton Ave
LubbockTX79413
6108 Avenue W
LubbockTX79412
7410 Avenue X
LubbockTX79423
2005 S Loop 289
LubbockTX79423
2103 S Loop 289
LubbockTX79423
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
8601 Memphis Dr
LubbockTX79423
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$899Studio Apartments Available Now
Furnished Studio-Lubbock - South
1410 S Loop 289Lubbock, TX 79412
1106 82nd St
LubbockTX79423
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$9002 Bedroom Apartments Available Now
7406 Avenue X, Unit 202
7406 Avenue XLubbock, TX 79423
2005 49th St
LubbockTX79412
1110 82nd St
LubbockTX79423
7501 Avenue W
LubbockTX79423
3823 51st St, Unit B
3823 51st St
LubbockTX79413
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
3018 48th St
LubbockTX79413
6501 Avenue T
LubbockTX79412
2305 46th St
LubbockTX79412
2405 46th St
LubbockTX79412
2409 87th St
LubbockTX79423
2009 49th St
LubbockTX79412
1913 S Loop 289
LubbockTX79423
4313 58th St
LubbockTX79413
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
2014 54th St
LubbockTX79412
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Waters, Lubbock, TX Local Guide
How much does it cost to rent a home in Waters?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waters 2 Bedroom Homes for Rent | $1,073 | $695 | $1,500 |
| Waters 3 Bedroom Homes for Rent | $1,541 | $900 | $2,900 |
| Waters 4 Bedroom Homes for Rent | $1,972 | $1,425 | $2,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 33 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
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Cheapest Available Waters Apartments for Rent
The cheapest available apartment rental in the Waters area of Lubbock, TX is a Studio unit found at Sundowner priced from $625. 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 |
|---|---|---|---|
| Sundowner | Efficiency | Studio,1BA | $625 |
| Boulders At Lakeridge | ip | 1BR,1BA | $650 |
| Courtyards by the Lake | One Bedroom Small | 1BR,1BA | $685 |
| 7410 Quaker Ave | 1/1 | 1BR,1BA | $700 |
| Waterside Village | 1 bedroom 1 bathroom | 1BR,1BA | $735 |
| PM2 - 1310 65th Drive | 2BR/1.0BA | 2BR,1BA | $750 |
| 7402 Ave. X | 2BR/1.0BA | 2BR,1BA | $750 |
| Parkside Apartments | A3P | 1BR,1BA | $765 |
| Lubbock Lakeway Apartments | One Bedroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Waters, TX
As of September 07, 2026 the best value apartment in the Waters 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 Waters apartment is the 2BR/1.0BA Model at PM2 - 1310 65th Drive starting at $750 with a $0.59 price per square foot in the University Pines 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 1818 | 3BR,2.5BA | $0.82 |
| PM2 - 1310 65th Drive | 2BR/1.0BA | 2BR,1BA | $0.59 |
| Lubbock Square | C1 | 3BR,1.5BA | $0.98 |
| Waterside Village | 2 bedroom / 2 bathroom - WD upgraded | 2BR,2BA | $0.92 |
| MC 2406 46th Street | 2BR/1.0BA | 2BR,1BA | $0.82 |
| The Preserve at Prairie Pointe | The Retreat | 1BR,1BA | $1.03 |
| 7402 Ave. X | 2BR/1.0BA | 2BR,1BA | $0.98 |
| San Remy | The Lavender | 1BR,1BA | $1.06 |
| Parkside Apartments | A3P | 1BR,1BA | $1.05 |
| 1802 66th St, Unit 2 | 1802 66th St | 1BR,1BA | $0.99 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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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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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Best Local Schools in Waters, Lubbock, TX
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Frequently Asked Questions about Waters
What type of rentals are currently available in Waters?
There are currently 179 Apartments for Rent in Waters, TX with pricing that ranges from $488 to $5,000. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waters ranging from $695 to $2,900.
What is the current price range for Rental Homes in Waters?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waters ranges from $695 to $2,900 with an average monthly rent of $1,460.
How much are larger Three and Four Bedroom Rentals in Waters?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waters range from $553 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $2,200.
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
Local Expert's Inside Scoop: The Most Affordable Neighborhoods to Rent in Lubbock
Written by: Tiffany Clark
Just south of the Texas Panhandle is the lesser-mentioned South Plains region of the Lone Star State. And that's where you'll find the humble little city of Lubbock.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.