Cheap Apartments for Rent in New Home, TX from $400 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Home.

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.

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 Studio unit found at Aurora Flats in the South Lubbock neighborhood priced from $599. Courtyards by the Lake in the University Pines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable New Home apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aurora FlatsAStudio,1BA$599
Courtyards by the LakeOne Bedroom Small1BR,1BA$700
The Boulders at LakeridgeIP/IB Floor Plan1BR,1BA$725
Residence at WolfforthA11BR,1BA$725
Stonebridge at Kelsey Park1 Bedroom 1 Bathroom A11BR,1BA$729

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

As of June 23, 2025 the best value apartment in the New Home area is the $1.00 price per square foot C3-60% Model at Reserves at Saddleback Ranch in the in the Northwest Lubbock neighborhood starting from $1,209. The second greatest value New Home apartment is the C3HC-60% Model at Reserves at Preston Trails starting at $1,209 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.
Reserves at Saddleback RanchC3-60%3BR,2BA$1.00
Reserves at Preston TrailsC3HC-60%3BR,2BA$1.01
Greenwood Apartments ALG2BR2BR,2BA$1.09
Saddlewood Apartments2 Bedroom A Upgrade2BR,2BA$1.02
Reserves at South PlainsB2-60%2BR,2BA$1.06
Quail CreekA1-1bd Upgraded1BR,1BA$0.86
The PavilionClassic 2 Bedroom 1.5 Bath2BR,1.5BA$1.04
Stonebridge at Kelsey Park1 Bedroom 1 Bathroom A11BR,1BA$0.92
Crest at CooperLennox1BR,1BA$1.09
Residence at WolfforthA11BR,1BA$1.12

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
New Home, TX

Ranked #563

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore New Home, TX Rentals by Map

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Getting Around New Home, TX

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $700 at Courtyards by the Lake.

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 $749 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 Stonebridge at Kelsey Park and starts from $1,000.

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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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.

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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.

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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.

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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.