Most Affordable Neighborhoods in Lubbock, TX

Some of the cheapest neighborhoods in Lubbock are Coronado Area, Bender Terrace, and Heart Of Lubbock. These neighborhoods offer some of the lowest rent prices in Lubbock, making them ideal for renters on a budget. As of October 29, 2025, the average rent in Lubbock is $852, 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.

Coronado Area

Average Rent

$646/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

21/100

Units Available

38 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

$646/Month

TransitScore® Rating

22/100

Units Available

38 Rentals

When you’re looking for a great Lubbock neighborhood on a budget, check out Bender Terrace. The average rent is $646, compared to the city average of $852. Bender Terrace is convenient to South Plains College, Reese, Moody Planetarium, and Texas Tech University. The community is somewhat walkable with a WalkScore® of 66.

Heart Of Lubbock

Average Rent

$705/Month

Year-Over-Year Rent Change

1.4%

TransitScore® Rating

31/100

Units Available

27 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.

South Overton

Average Rent

$716/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

42/100

Units Available

20 Rentals

South Overton is a historic neighborhood located near Texas Tech University, offering a mix of charming older homes and modern developments. Renters will enjoy the walkability and proximity to campus and downtown Lubbock.

Bowie

Average Rent

$726/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

22/100

Units Available

45 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.

Wheelock And Monterey

Average Rent

$727/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

28/100

Units Available

22 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.

Parkway And Cherry Point

Average Rent

$728/Month

Year-Over-Year Rent Change

9.4%

TransitScore® Rating

26/100

Units Available

19 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.

Remington Park

Average Rent

$730/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

20/100

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.

West End

Average Rent

$755/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

20/100

Units Available

35 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.

Guadalupe

Average Rent

$765/Month

TransitScore® Rating

26/100

Units Available

20 Rentals

Guadalupe is an affordable neighborhood in Lubbock with an average rent price of $765. Compare this to the city average of $852. Guadalupe provides easy access to South Plains Coll., Levelland, Parkway Mall, and Lubbock Lake Landmark. It’s a car-dependent neighborhood with a WalkScore® of 41.

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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.