Cheap Apartments for Rent in South Plains, TX from $300 (18 Rentals)

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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.

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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Olympian Apartments
Studio to 2 Bedroom Apartments

Olympian Apartments

1701-1703 Peoria AveLubbock, TX 79416

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.

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 $392. 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 South Plains apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Inn Town LoftsStudio 572sfStudio,1BA$392
Crown Ridge Apartments1 Bedroom1BR,1BA$525
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$599
Centre Suites I4x3.54BR,3BA$625
The QueE1Studio,1BA$625

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

As of January 07, 2026 the best value apartment in the South Plains 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 South Plains apartment is the 4.2 Model at Cantibury Pointe Apartments starting at $985 with a $0.72 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.
Dimora Village3 Bedroom Duplex **STAINLESS STEEL APPLIANCES**...3BR,3BA$0.97
Cantibury Pointe Apartments4.24BR,2BA$0.72
Park East4BR/4BA - Standard4BR,4BA$0.36
The Bloc3BR/3BA3BR,3BA$0.57
The Collective at Lubbock2x2 Townhome2BR,2BA$0.81
Elliston Commons3 Bedroom3BR,1BA$0.78
DR 2101 16th Street (Nomad Apartments)2BR/1.0BA2BR,1BA$0.89
The Landing at Pinewood Park2 Bedroom 1 Bath2BR,1BA$0.87
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$0.96
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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 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 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 $392.

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

The lowest price for a Cheap One Bedroom South Plains Apartment is $414 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 Elliston Commons and starts from $750.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!