Cheap Homes for Rent in New Deal, TX from $500 (9 Rentals)

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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.

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.

New Deal, TX Local Guide

Cheapest Available New Deal Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Deal, TX is a Studio unit found at Inn Town Lofts in the North Lubbock neighborhood priced from $391. The Scarlet in the North Lubbock neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $399. Here is today’s list of the most affordable New Deal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Inn Town LoftsStudio 572sfStudio,1BA$391
The Scarlet4x4 Townhome4BR,4BA$399
The QueE1Studio,1BA$484

Best Value Apartments for Rent in New Deal, TX and Nearby

As of September 20, 2025 the best value apartment in the New Deal area is the $0.38 price per square foot 4BR/4BA - Standard Model at Park East in the in the North Lubbock neighborhood starting from $499. The second greatest value New Deal apartment is the 3BR/3BA Model at The Bloc starting at $699 with a $0.57 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for New Deal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park East4BR/4BA - Standard4BR,4BA$0.38
The Bloc3BR/3BA3BR,3BA$0.57
Wildwood Lubbock2BR/2BA - Flat2BR,2BA$0.62
The Collective at Lubbock2x2 Townhome2BR,2BA$0.75
Elliston Commons3 BDR 1 BA3BR,1BA$0.91
DR 2101 16th Street (Nomad Apartments)2BR/1.0BA2BR,1BA$0.89
The Landing at Pinewood Park1 Bedroom 1 Bath1BR,1BA$0.95
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$0.96
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85
Tech Village1 Bed / 1 Bath1BR,1BA$0.75

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about New Deal

What type of rentals are currently available in New Deal?

There are currently 45 Apartments for Rent in New Deal, TX with pricing that ranges from $339 to $1,714. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Deal ranging from $550 to $3,500.

What is the current price range for Rental Homes in New Deal?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Deal ranges from $550 to $3,500 with an average monthly rent of $1,230.

How much are larger Three and Four Bedroom Rentals in New Deal?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Deal range from $519 to $1,524, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $399.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.