Cheap Apartments for Rent in South Plains, TX from $300 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Plains.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Olympian Apartments
Studio to 2 Bedroom Apartments

Olympian Apartments

1701-1703 Peoria AveLubbock, TX 79416

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Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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South Plains, TX Local Guide

Cheapest Available South Plains Apartments for Rent and Nearby

 

The cheapest available apartment rental in South Plains, 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 South Plains apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Inn Town LoftsStudio 572sfStudio,1BA$391
The Scarlet4x4 Townhome4BR,4BA$399
The QueE1Studio,1BA$484
Crown Ridge Apartments1 Bedroom1BR,1BA$525
Wildwood Lubbock2BR/2.5BA - Townhome2BR,2BA$569

Best Value Apartments for Rent in South Plains, TX and Nearby

As of September 13, 2025 the best value apartment in the South Plains area is the $0.35 price per square foot 4BR/4BA - Standard Model at Park East in the in the North Lubbock neighborhood starting from $459. The second greatest value South Plains apartment is the 3BR/3BA Model at The Bloc starting at $649 with a $0.53 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for South Plains apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park East4BR/4BA - Standard4BR,4BA$0.35
The Bloc3BR/3BA3BR,3BA$0.53
Wildwood Lubbock2BR/2BA - Flat2BR,2BA$0.62
The Collective at Lubbock2x2 Townhome2BR,2BA$0.47
Plainview ApartmentsC23BR,1BA$0.95
DR 2101 16th Street (Nomad Apartments)2BR/1.0BA2BR,1BA$0.89
Guadalupe VillasA51BR,1BA$0.91
The Landing at Pinewood Park1 Bedroom 1 Bath1BR,1BA$0.95
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85
Tech Village1 Bed / 1 Bath1BR,1BA$0.75

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Pet Friendly Lifestyle

Ranked #

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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

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Frequently Asked Questions about Cheap South Plains Apartments

What is the Cheapest Studio apartment in South Plains?

Currently the most affordable Cheap Studio Apartment in South Plains is at Inn Town Lofts listed at $391.

How much is rent for a Cheap One Bedroom South Plains Apartment?

The lowest price for a Cheap One Bedroom South Plains Apartment is $413 at Inn Town Lofts.

What is the lowest price for a Cheap Two Bedroom South Plains Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Plains is starting from $493 at Inn Town Lofts.

What is the most affordable South Plains Three Bedroom Apartment?

The best deal on a cheap South Plains Three Bedroom Apartment rental is at The Scarlet and starts from $519.

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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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.