Best Affordable Neighborhoods in Lubbock, TX

Some of the cheapest neighborhoods in Lubbock are Bender Terrace, Maedgen Area, and Coronado Area. These neighborhoods offer some of the lowest rent prices in Lubbock, making them ideal for renters on a budget. As of February 2, 2026, the average rent in Lubbock is $848, which is 0.5% 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.

Bender Terrace

Average Rent

$654/Month

TransitScore® Rating

22/100

Units Available

23 Rentals

If you’re looking for a great, affordable neighborhood in Lubbock, Bender Terrace might be the perfect place! It has an average rent price of $654, while the city’s average stands at $848. Bender Terrace is near Moody Planetarium, Westside Plaza, and South Plains College, Reese.

Maedgen Area

Average Rent

$663/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

24/100

Units Available

10 Rentals

Maedgen Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Maedgen Area is $663 while the city average is $848. This is a 0.6% difference from last year. Residents enjoy convenient access to Lubbock Lake Landmark, Moody Planetarium, and Texas Tech University. The neighborhood is considered walkable with a WalkScore® of 72.

Coronado Area

Average Rent

$665/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

21/100

Units Available

24 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.

Parkway And Cherry Point

Average Rent

$680/Month

Year-Over-Year Rent Change

9%

TransitScore® Rating

26/100

Units Available

11 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.

Heart Of Lubbock

Average Rent

$685/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

31/100

Units Available

39 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.

Wheelock And Monterey

Average Rent

$709/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

28/100

Units Available

20 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.

Bowie

Average Rent

$721/Month

Year-Over-Year Rent Change

1.4%

TransitScore® Rating

22/100

Units Available

47 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.

Guadalupe

Average Rent

$756/Month

TransitScore® Rating

26/100

Units Available

19 Rentals

When you’re looking for a great Lubbock neighborhood on a budget, check out Guadalupe. The average rent is $756, compared to the city average of $848. Guadalupe is convenient to Science Spectrum Museum, Lubbock Lake Landmark, and Overton Plaza. The community is car-dependent with a WalkScore® of 41.

West End

Average Rent

$761/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

20/100

Units Available

37 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.

Stubbs-Stewart

Average Rent

$812/Month

TransitScore® Rating

25/100

Units Available

39 Rentals

Stubbs-Stewart is a quiet, residential neighborhood offering affordable housing options and proximity to local parks. Renters will enjoy the community-focused atmosphere and easy access to shopping and dining. The area provides a peaceful, suburban feel while still being close to the city center.

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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.