5909 East F M 40
LubbockTX79403
Cheap Homes for Rent in Petersburg, TX from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Petersburg.
515 E Stanford St
LubbockTX79403
208 SE 6th
PlainviewTX79072
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.
2912 E Baylor St
LubbockTX79403
1933 E Colgate St
LubbockTX79403
513 E Queens St
LubbockTX79403
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.
506 E Municipal Dr
LubbockTX79403
Showing Results 1-7, Page 1 of 1
Petersburg, TX Local Guide
The one and only Texas Flag by Kimberly Vardeman is licensed under CC BY 2.0
How much does it cost to rent a home in Petersburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburg 2 Bedroom Homes for Rent | $962 | $949 | $975 |
| Petersburg 3 Bedroom Homes for Rent | $1,286 | $595 | $1,895 |
| Petersburg 4 Bedroom Homes for Rent | $1,489 | $795 | $1,899 |
Browse Top Homes for Rent in Petersburg
Explore Petersburg
Petersburg, TX Local Guide
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Cheapest Available Petersburg Apartments for Rent and Nearby
The cheapest available apartment rental in Petersburg, TX is a 1 Bed unit found at The Heritage Apartments in the North Lubbock neighborhood priced from $499. Crown Ridge Apartments in the East Lubbock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Petersburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Heritage Apartments | One Bedroom/One Bath | 1BR,1BA | $499 |
| Crown Ridge Apartments | 1 Bedroom | 1BR,1BA | $525 |
| Cottonwood Apartments | 1/1 | 1BR,1BA | $615 |
Best Value Apartments for Rent in Petersburg, TX and Nearby
As of June 06, 2026 the best value apartment in the Petersburg area is the $0.97 price per square foot 3 Bedroom Duplex **STAINLESS STEEL APPLIANCES**... Model at Dimora Village in the in the Northridge neighborhood starting from $1,325. The second greatest value Petersburg apartment is the Redwood Model at Cypress Grove starting at $1,275 with a $1.06 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for Petersburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dimora Village | 3 Bedroom Duplex **STAINLESS STEEL APPLIANCES**... | 3BR,3BA | $0.97 |
| Cypress Grove | Redwood | 3BR,2BA | $1.06 |
| Wildwood Lubbock | 2BR/2BA - Flat | 2BR,2BA | $0.78 |
| Stratford Place | 2BD 2BA - Some Electic Included | 2BR,2BA | $0.95 |
| The Heritage Apartments | Two Bedroom/Two Bath | 2BR,2BA | $0.99 |
| Elliston Commons | 3 Bedroom | 3BR,1BA | $0.99 |
| Plainview Apartments | B1 | 2BR,1BA | $1.05 |
| Emory | A3 | 1BR,1BA | $1.09 |
| Crown Ridge Apartments | 1 Bedroom | 1BR,1BA | $0.85 |
| Madison Park | One Bedroom | 1BR,1BA | $1.13 |
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 Article
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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How much rent can you afford?
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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See the most popular apartments and homes in Petersburg, TX
Frequently Asked Questions about Petersburg
What type of rentals are currently available in Petersburg?
There are currently 48 Apartments for Rent in Petersburg, TX with pricing that ranges from $353 to $1,700. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $550 to $1,899.
What is the current price range for Rental Homes in Petersburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $550 to $1,899 with an average monthly rent of $1,087.
How much are larger Three and Four Bedroom Rentals in Petersburg?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Petersburg range from $550 to $1,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $1,895. Four Bedroom Single-Family rentals are also available starting from $795 and Four Bedroom Apartments start at $580.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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.
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.
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.