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Rental Market Trends in Lubbock, TX

What is the average rent in Lubbock, TX?

$848/month

Average Rent

667 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

As of March 2026, the average rent in Lubbock, TX is $848 per month. This is 48% lower than the national average rent of $1,626/month, making renting in Lubbock more affordable than most cities in the US. When you rent an apartment in Lubbock, you can expect to pay about $668 per month for a studio, $848 for a one-bedroom apartment, and around $1,013 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,304 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$668/month
406 Sq Ft
One Bedroom
$848/month
667 Sq Ft
Two Bedroom
$1,013/month
970 Sq Ft
Three Bedroom
$1,304/month
1,278 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$681/month
672 Sq Ft
Two Bedroom
$1,087/month
1,023 Sq Ft
Three Bedroom
$1,541/month
1,405 Sq Ft
Four Bedroom
$2,102/month
1,853 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$879/month
801 Sq Ft
Two Bedroom
$816/month
880 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$664/month
600 Sq Ft
Two Bedroom
$974/month
1,028 Sq Ft
Three Bedroom
$1,456/month
1,427 Sq Ft
Four Bedroom
$1,885/month
1,765 Sq Ft

How much has average rent changed in Lubbock, TX?

In the past year, rent has increased by 0.5%, which averages out to $4 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lubbock, TX
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lubbock, TX
Percentage*
Rent Range
25% Below $700/month
46% $700 - $1,000/month
24% $1,001 - $1,500/month
2% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lubbock?

Based on current rent prices, Parkway And Cherry Point, Heart Of Lubbock and Bowie are the most affordable neighborhoods in Lubbock.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Parkway And Cherry Point
$661/month
663 Sq Ft
Heart Of Lubbock
$707/month
586 Sq Ft
Bowie
$713/month
719 Sq Ft
Wheelock And Monterey
$735/month
526 Sq Ft
Guadalupe
$756/month
758 Sq Ft
West End
$779/month
620 Sq Ft
Remington Park
$782/month
642 Sq Ft
Slaton-Bean
$796/month
641 Sq Ft
Stubbs-Stewart
$804/month
719 Sq Ft
South Overton
$811/month
761 Sq Ft

What are the most expensive neighborhoods in Lubbock?

Based on current rent prices, North Overton, North By Northwest and Stonegate are the most expensive neighborhoods in Lubbock.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Overton
$1,055/month
634 Sq Ft
North By Northwest
$1,049/month
753 Sq Ft
Stonegate
$1,027/month
685 Sq Ft
Bacon Crest
$1,027/month
685 Sq Ft
Maxey Park
$1,025/month
618 Sq Ft
Arnett Benson
$1,021/month
753 Sq Ft
Milwaukee Ridge
$1,010/month
726 Sq Ft
Northwest Lubbock
$976/month
729 Sq Ft
Downtown Lubbock
$894/month
657 Sq Ft
Waters
$876/month
697 Sq Ft

Which Lubbock neighborhoods have the most rentals available?

The neighborhoods in Lubbock with the most apartments available are Downtown Lubbock, Northwest Lubbock and Maxey Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Lubbock
$894/month
657 Sq Ft
Northwest Lubbock
$976/month
729 Sq Ft
Maxey Park
$1,025/month
618 Sq Ft
North Overton
$1,055/month
634 Sq Ft
Wester
$855/month
748 Sq Ft
North By Northwest
$1,049/month
753 Sq Ft
Arnett Benson
$1,021/month
753 Sq Ft
Bowie
$713/month
719 Sq Ft
Stubbs-Stewart
$804/month
719 Sq Ft
Heart Of Lubbock
$707/month
586 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lubbock, TX?

Because the average rent in Lubbock is $848, you’ll want to make about $2,826 per month or $33,912 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Lubbock, TX is 6.8% lower than the national average. Generally, housing in Lubbock is 13.4% less expensive than the national average, with rent falling between $668 - $1,304. You can expect to pay 3.6% less for groceries, 6.1% more for utilities, and 14.0% less for transportation.

City

Lubbock, TX

3,342 Available Apartments for Rent

Search for Nearby Apartments

How does Lubbock, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Lubbock, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lubbock, TX

Apartment Averages

Parkway And Cherry Point

Lubbock, TX

North Overton

Lubbock, TX

Studio
-
-
One Bedroom
$804/month
$483/month
Two Bedroom
$754/month
$1,725/month
Three Bedroom
$983/month
-
Search
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Nearby City Rent Trends

  • Wolfforth Average Rent
  • Slaton Average Rent

Apartment communities in Lubbock we think you'll love

Catalina West

Catalina West

3420 Milwaukee Ave,
Lubbock, TX 79407

$1,079 - $2,199

1-3 Beds

Portofino Apartments

Portofino Apartments

6610 34th St,
Lubbock, TX 79407

$1,049 - $1,499

1-3 Beds

Slide North Apartments 1

Slide North Apartments 1

5205 Auburn St,
Lubbock, TX 79416

$1,114 - $1,618

1-2 Beds

Renaissance At North Park

Renaissance At North Park

5202 Auburn St,
Lubbock, TX 79416

$999 - $1,535

1-2 Beds

Property Management Companies in Lubbock, TX

Tigris Holdings, LLC
Tigris Holdings, LLC
  • 21

    Communities

  • 4,552

    Units

  • 4

    Cities

9 Communities in Lubbock
Stellar Development Company
Stellar Development Company
  • 19

    Communities

  • 3,711

    Units

  • 10

    Cities

7 Communities in Lubbock
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 315

    Communities

  • 76,965

    Units

  • 144

    Cities

4 Communities in Lubbock
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 157

    Communities

  • 31,916

    Units

  • 82

    Cities

4 Communities in Lubbock
Anywhere
Anywhere
  • 13

    Communities

  • 1,055

    Units

  • 10

    Cities

4 Communities in Lubbock
Tarantino
Tarantino
  • 92

    Communities

  • 17,858

    Units

  • 44

    Cities

3 Communities in Lubbock
Capstone Real Estate
Capstone Real Estate
  • 43

    Communities

  • 8,233

    Units

  • 30

    Cities

3 Communities in Lubbock
United Apartment Group
United Apartment Group
  • 61

    Communities

  • 13,329

    Units

  • 31

    Cities

2 Communities in Lubbock

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United States Texas Lubbock Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity