Most Affordable Neighborhoods in Lubbock, TX
Some of the cheapest neighborhoods in Lubbock are Coronado Area, Bender Terrace, and Maedgen Area. These neighborhoods offer some of the lowest rent prices in Lubbock, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Lubbock is $856, which is 0.6% 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%
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.
Bender Terrace
Average Rent
$644/Month
TransitScore® Rating
22/100
Units Available
24 Rentals
Bender Terrace is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bender Terrace is $644 while the city average is $856. Residents enjoy convenient access to Terrace Shopping Center, Science Spectrum Museum, and South Plains College, Reese. The neighborhood is considered somewhat walkable with a WalkScore® of 66.
Maedgen Area
Average Rent
$681/Month
TransitScore® Rating
24/100
Units Available
15 Rentals
When you’re looking for a great Lubbock neighborhood on a budget, check out Maedgen Area. The average rent is $681, compared to the city average of $856. Rent prices have increased by 0%. Maedgen Area is convenient to Moody Planetarium, Lubbock Lake Landmark, and Texas Tech University. The community is walkable with a WalkScore® of 72.
Wheelock And Monterey
Average Rent
$686/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
28/100
Units Available
30 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
$690/Month
Year-Over-Year Rent Change
9.5%
TransitScore® Rating
26/100
Units Available
22 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.
South Overton
Average Rent
$719/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
42/100
Units Available
15 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.
Heart Of Lubbock
Average Rent
$725/Month
TransitScore® Rating
31/100
Units Available
32 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.
Bowie
Average Rent
$751/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
22/100
Units Available
50 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.
Remington Park
Average Rent
$765/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
20/100
Units Available
32 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.
Stubbs-Stewart
Average Rent
$791/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
25/100
Units Available
46 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.
Ready to make your move to Lubbock? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.