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Lubbock, TX Rental Market Trends

What is the average rent in Lubbock?

The average rent for an apartment in Lubbock is $1,125. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Lubbock, TX

Last updated February 2023
Average Rent Average Apartment Size
$1,125 921 sq. ft.

What is the average apartment size in Lubbock?

The average size for a Lubbock, TX apartment is 921 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Lubbock, TX apartment rent ranges

Lubbock, TX Occupied Housing Units

48,725 or 49% of the households in Lubbock, TX are renter-occupied while 50,980 or 51% are owner-occupied.

Lubbock, TX rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Lubbock, TX By Neighborhood

Overton
$1,821
Guadalupe
$1,795
MacKenzie Park
$1,795
Shadow Hills
$1,286
Lubbock Lake
$1,273
Texas Tech
$1,273
Arnett Benson
$1,258
Mahon
$1,258
Hodges Park
$1,246
Lubbock Country Club
$1,246
Bowie
$1,097
Carlisle
$1,097
West End Place
$1,097
Coronado
$1,088
Kings Park
$968
University Pines
$968
Waters
$968
Slaton-Bean
$960
Raintree
$944
Regal Park
$932
Remington Park
$932
Bill McAlister
$929
Wester
$904
Heart of Lubbock
$892
Stewart
$877
Leroy Elmore
$872
Caprock
$855
Maedgen
$855
Wheelock and Monterey
$855
Clapp Park
$835
Maxey Park
$807
Atkins
$796
Claytoncarter
$795
Lubbock International Airport
$795
Parkway and Cherry Point
$795
Skyview
$795
/
Neighborhood Average Rent
Overton $1,821
Guadalupe $1,795
MacKenzie Park $1,795
Shadow Hills $1,286
Lubbock Lake $1,273
Texas Tech $1,273
Arnett Benson $1,258
Mahon $1,258
Hodges Park $1,246
Lubbock Country Club $1,246
Bowie $1,097
Carlisle $1,097
West End Place $1,097
Coronado $1,088
Kings Park $968
University Pines $968
Waters $968
Slaton-Bean $960
Raintree $944
Regal Park $932
Remington Park $932
Bill McAlister $929
Wester $904
Heart of Lubbock $892
Stewart $877
Leroy Elmore $872
Caprock $855
Maedgen $855
Wheelock and Monterey $855
Clapp Park $835
Maxey Park $807
Atkins $796
Claytoncarter $795
Lubbock International Airport $795
Parkway and Cherry Point $795
Skyview $795
/
/

What are the most affordable neighborhoods in Lubbock?

The most affordable neighborhoods in Lubbock are Claytoncarter, where the average rent goes for $795/month, Lubbock International Airport, where renters pay $795/mo on average, and Parkway and Cherry Point, where the average rent goes for $795/mo. If you’re looking for other great deals, check out the listings from Skyview ($795), Atkins ($796), and Maxey Park ($807), where the asking prices are below the average Lubbock rent of $1,125/mo.

What are the most expensive neighborhoods in Lubbock?

The most expensive neighborhoods in Lubbock are Guadalupe ($1,795), MacKenzie Park ($1,795) and Overton ($1,821).

What are the most popular neighborhoods in Lubbock?

The most popular neighborhood in Lubbock is Leroy Elmore, where there are 5 listings with an average rent of $872. Next up is Carlisle, where apartments go for $1,097/month, followed by Hodges Park with $1,246 If you’re looking to rent in Lubbock’s most popular neighborhoods, make sure to also check out Raintree, where renters pay $944 on average, and Regal Park, where the average monthly rent is $932.

Lubbock | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Arnett Benson is 58% higher than in Atkins

$1,258

Arnett Benson rent is 12% higher than Lubbock average

Average Rent $1,258
$796

Atkins rent is 29% lower than Lubbock average

Average Rent $796

How Lubbock Compares to Other Cities

City Average Rent
Houston $1,334
San Antonio $1,289
Austin $1,799
Dallas $1,577
Fort Worth $1,430
Irving $1,519
Conroe $1,364
Plano $1,813
Arlington $1,346
Spring $1,538
Amarillo $939
Odessa $1,160
Lubbock $1,125
Lawton $822
Levelland $777
Big Spring $1,163

What is the average price for a storage unit in Lubbock?

The average rent for a non-climate-controlled 10'x10' storage unit in Lubbock is $91.57. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Lubbock

Townhome Living Room
Today

The Park

5702 50Th Street, Lubbock, TX 79414
  • 1 BED
  • 2 BEDS
  • 3 BEDS
  • $599+
  • $699+
  • $945
6703 82Nd St 1-3 Beds Apartment for Rent
Today

Dakota Arms Apartments

6703 82Nd St, Lubbock, TX 79424
  • 1 BED
  • 2 BEDS
  • 3 BEDS
  • $994+
  • $1,134+
  • $1,364+
apartments in lubbock tx with fireplace
Today

The Dominion

5501 50Th Street, Lubbock, TX 79414
  • 1 BED
  • 2 BEDS
  • 3 BEDS
  • $999+
  • $1,230+
  • Ask for Pricing
Western Oaks Apartments (Wo) 2-3 Beds Apartment for Rent
Today

Western Oaks Apartments (wo)

Western Oaks Apartments (Wo), Lubbock, TX 79414
  • 2 BEDS
  • 3 BEDS
  • $875
  • $925
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