Waters

Lubbock, TX

Background Image

Waters - Lubbock, TX Area Guide

Savor suburban delights in southern Lubbock

Suburban Affordable Convenient Residential Welcoming

Located about five miles south of Downtown Lubbock, Waters is a quiet neighborhood brimming with convenient amenities. Residents enjoy access to numerous diverse restaurants, shopping centers, and the popular Science Spectrum & OMNI Theater.

Waters is also close to a host of area parks, including Clifford H. Andrews Park, McCullough Park, and Leroy Elmore Park, where residents can engage in all kinds of outdoor activities. Texas Tech University is just a short drive away from the neighborhood, affording university staff, students, and faculty simple commutes via Loop 289.

Rent Trends

As of May 2026, the average apartment rent in Waters is $744 for a studio, $823 for one bedroom, and $927 for two bedrooms. Apartment rent in Waters has decreased by -0.4% in the past year.

  • Studio

  • 516 sq ft

    Average Sq Ft

  • $744/month

    Average Rent

  • 1 BR

  • 669 sq ft

    Average Sq Ft

  • $823/month

    Average Rent

  • 2 BR

  • 947 sq ft

    Average Sq Ft

  • $927/month

    Average Rent

Getting Around

Moderately Walkable

Walkability

60 / 100

Limited Public Transit

Transit

20 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

40 / 100

Daily Essentials

Supermarket Within a 15 Minute Walk

Groceries

70 / 100

Fair Restaurant Variety Nearby

Restaurants

50 / 100

Fair Café Variety Nearby

Cafes

50 / 100

Good Variety of Shops Nearby

Shopping

60 / 100

Recreation

Large Amount of Park Space Nearby

Parks

60 / 100

Limited Wellness Amenity Variety Nearby

Wellness

30 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

30 / 100

Limited Nightlife Variety Nearby

Nightlife

20 / 100

Not Noisy

Quiet Score

100 / 100

Points of Interest

Parks and Recreation

  • Science Spectrum Museum
  • Moody Planetarium
  • Lubbock Lake Landmark

Military Bases

Airports

  • Lubbock Preston Smith International

Top Apartments in Waters

Houses for Rent in Waters

Property Management Companies

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.