Cheap Apartments for Rent in New Home, TX from $300 (55 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Pavilion
1 to 2 Bedroom Apartments

The Pavilion

2602 82nd StLubbock, TX 79423

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.

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Patterson Pointe
3 Bedroom Apartments

Patterson Pointe

123 Brooke BlvdWolfforth, TX 79382

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.

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New Home, TX Local Guide

Cheapest Available New Home Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Home, TX is a 1 Bed unit found at The Boulders at Lakeridge in the University Pines neighborhood priced from $665. Aurora Flats in the South Lubbock neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $669. Here is today’s list of the most affordable New Home apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Boulders at LakeridgeR1 Floor Plan1BR,1BA$665
Aurora FlatsAStudio,1BA$669
Courtyards by the LakeOne Bedroom Large1BR,1BA$725
Residence at WolfforthA11BR,1BA$733
Woodcrest ApartmentsE11BR,1BA$740
Stonelake Apartment HomesC1BR,1BA$745
The Preserve at Prairie PointeThe Nest1BR,1BA$775
San RemyThe Lavender2BR,1BA$795
The PavilionRenovated 1 Bed 1 Bath1BR,1BA$850
Sagewood Apartments2 Bedroom2BR,2BA$855

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

As of June 05, 2026 the best value apartment in the New Home area is the $0.75 price per square foot B2 TH Upgraded Model at Quail Creek in the in the Outer North Inner Loop neighborhood starting from $980. The second greatest value New Home apartment is the C3-60% Model at Reserves at Preston Trails starting at $1,204 with a $1.01 price per square foot in the Outer North Inner Loop neighborhood. Here is today’s list of the best values for New Home apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Quail CreekB2 TH Upgraded2BR,2.5BA$0.75
Reserves at Preston TrailsC3-60%3BR,2BA$1.01
Waterside Village2 bedroom / 2 bathroom - WD Standard2BR,2BA$0.93
Greenwood Apartments ALG2BR2BR,2BA$1.09
The EnclaveMonte Carlo2BR,2BA$1.10
Crest at CooperStetson2BR,2.5BA$1.05
Sagewood Apartments2 Bedroom2BR,2BA$0.91
Reserves at Saddleback RanchA1-60%1BR,1BA$1.08
San RemyThe Lavender1BR,1BA$1.06
The Boulders at LakeridgeT Floor Plan1BR,1BA$1.07

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.

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

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Frequently Asked Questions about Cheap New Home Apartments

How much is rent for a Cheap One Bedroom New Home Apartment?

The lowest price for a Cheap One Bedroom New Home Apartment is $665 at The Boulders at Lakeridge.

What is the lowest price for a Cheap Two Bedroom New Home Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Home is starting from $789 at Courtyards by the Lake.

What is the most affordable New Home Three Bedroom Apartment?

The best deal on a cheap New Home Three Bedroom Apartment rental is at Reserves at South Plains and starts from $987.

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

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.