Best Affordable Neighborhoods in Lubbock, TX
Some of the cheapest neighborhoods in Lubbock are Coronado Area, Bender Terrace, and Parkway And Cherry Point. These neighborhoods offer some of the lowest rent prices in Lubbock, making them ideal for renters on a budget. As of March 20, 2026, the average rent in Lubbock is $867, which is 2.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Coronado Area
Average Rent
$644/Month
Year-Over-Year Rent Change
0.5%
Units Available
26 Rentals
Coronado Area is close to Texas Tech University and local entertainment venues. Renters will appreciate the lively atmosphere, with plenty of restaurants, shops, and parks nearby.
Bender Terrace
Average Rent
$644/Month
Units Available
26 Rentals
Bender Terrace is an affordable neighborhood in Lubbock with an average rent price of $644. Compare this to the city average of $867. Bender Terrace provides easy access to Lubbock Lake Landmark, Moody Planetarium, and Lubbock Christian University.
Parkway And Cherry Point
Average Rent
$675/Month
Year-Over-Year Rent Change
15.1%
Units Available
16 Rentals
Located on the northeast side of Lubbock, Parkway and Cherry Point is close to everything. Mackenzie Main City Park is partially located in the neighborhood and includes an amusement park, prairie dog habitat, golf course, and more.
Wheelock And Monterey
Average Rent
$690/Month
Year-Over-Year Rent Change
1.6%
Units Available
21 Rentals
Located in southwest Lubbock, Wheelock and Monterey features spacious homes and a peaceful setting. The neighborhood borders Clapp Park, a beautiful park with a 93-acre arboretum and a lake.
Bayless Atkins
Average Rent
$703/Month
Year-Over-Year Rent Change
0.7%
Units Available
12 Rentals
Bayless Atkins is a peaceful neighborhood offering a mix of single-family homes and apartments, with easy access to local schools and parks. Renters will appreciate the suburban atmosphere and the proximity to nearby shopping and dining.
Bowie
Average Rent
$716/Month
Year-Over-Year Rent Change
0.3%
Units Available
43 Rentals
Bowie is a well-established neighborhood known for its spacious homes and tree-lined streets. Renters will appreciate the proximity to schools, parks, and shopping centers. The neighborhood is ideal for those seeking a suburban environment with convenient access to local amenities.
Heart Of Lubbock
Average Rent
$726/Month
Year-Over-Year Rent Change
25.8%
Units Available
29 Rentals
Heart of Lubbock is a centrally located neighborhood known for its proximity to Texas Tech University and downtown attractions. Residents living here have easy access to local restaurants, shops, and entertainment venues. The area’s lively atmosphere and walkability make it an ideal choice for renters.
Guadalupe
Average Rent
$761/Month
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Lubbock, Guadalupe might be the perfect place! It has an average rent price of $761, while the city’s average stands at $867. Guadalupe is near South Plains College, Reese, South Plains Coll., Levelland, and Lubbock Christian University.
West End
Average Rent
$762/Month
Year-Over-Year Rent Change
1.7%
Units Available
22 Rentals
West End is a bustling commercial and residential area offering a mix of shopping, dining, and entertainment options. Renters will enjoy the proximity to West End Center and the variety of housing available. The neighborhood’s lively atmosphere makes it perfect for those seeking an active lifestyle.
Remington Park
Average Rent
$775/Month
Year-Over-Year Rent Change
1.2%
Units Available
24 Rentals
Remington Park is a scenic neighborhood known for its well-maintained homes and proximity to local parks and recreational activities. Renters will enjoy the quiet atmosphere and the variety of amenities nearby, including shopping centers and dining options. The area is ideal for those seeking a suburban lifestyle with modern conveniences.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.