Lubbock, TX Rental Market Trends
What is the average rent in Lubbock?
The average rent for an apartment in Lubbock is $1,119. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Lubbock, TX
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,119 | 923 sq. ft. |
What is the average apartment size in Lubbock?
The average size for a Lubbock, TX apartment is 923 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
50,445 or 49% of the households in Lubbock, TX are renter-occupied while 52,449 or 51% are owner-occupied.
Lubbock, TX rent trends
Average Rent in Lubbock, TX By Neighborhood
| City | Average Rent |
|---|---|
| Overton | $1,797 |
| Shadow Hills | $1,304 |
| Lubbock Lake | $1,290 |
| Arnett Benson | $1,273 |
| Mahon | $1,273 |
| Bowie | $1,101 |
| Carlisle | $1,101 |
| West End Place | $1,101 |
| Coronado | $1,090 |
| University Pines | $953 |
| Waters | $953 |
| Raintree | $949 |
| Regal Park | $947 |
| Remington Park | $947 |
| Bill McAlister | $933 |
| Leroy Elmore | $860 |
| Caprock | $851 |
| Clapp Park | $822 |
| Atkins | $767 |
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What are the most affordable neighborhoods in Lubbock?
The most affordable neighborhoods in Lubbock are Atkins, where the average rent goes for $767/month, Clapp Park, where renters pay $822/mo on average, and Caprock, where the average rent goes for $851/mo. If you’re looking for other great deals, check out the listings from Leroy Elmore ($860), Bill McAlister ($933), and Regal Park ($947), where the asking prices are below the average Lubbock rent of $1,119/mo.
What are the most expensive neighborhoods in Lubbock?
The most expensive neighborhoods in Lubbock are Lubbock Lake ($1,290), Shadow Hills ($1,304) and Overton ($1,797).
What are the most popular neighborhoods in Lubbock?
The most popular neighborhood in Lubbock is Overton, where there are 1 listings with an average rent of $1,797. Next up is Remington Park, where apartments go for $947/month, followed by Arnett Benson with $1,273 If you’re looking to rent in Lubbock’s most popular neighborhoods, make sure to also check out Atkins, where renters pay $767 on average, and Bill McAlister, where the average monthly rent is $933.
Lubbock | Rent Comparison by Neighborhood
Rent in Arnett Benson is 66% higher than in Atkins
$1,273
Arnett Benson rent is 14% higher than Lubbock average
Average Rent
$1,273
$767
Atkins rent is 31% lower than Lubbock average
Average Rent
$767
How Lubbock Compares to Other Cities
| State | Average Rent |
|---|---|
| Dallas | $1,575 |
| Austin | $1,753 |
| Houston | $1,348 |
| San Antonio | $1,290 |
| Irving | $1,515 |
| Fort Worth | $1,436 |
| Euless | $1,477 |
| Arlington | $1,365 |
| Richardson | $1,771 |
| Killeen | $1,057 |
| Lubbock | $1,119 |
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 $81.42. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Lubbock
2323 Glenna Goodacre Boulevard
2323 Glenna Goodacre Boulevard, Lubbock, TX 79401| 1 BED | $1,000 |
| 2 BEDS | $1,200 |
Captain Apartments EMM
7532 Aberdeen Ave, Lubbock, TX 79424| 1 BED | $1,000 |
| 2 BEDS | $1,500+ |
| 3 BEDS | $2,500 |