Rental market snapshot for Lubbock, Texas

Lubbock, Texas Rental Property Market Overview

Lubbock, Texas is a vibrant city located in the northwest part of the state. According to the US Census, the population of Lubbock in 2021 is 260,993. The city is home to Texas Tech University, which is the largest university in the area and provides a variety of educational and cultural opportunities. Lubbock is also known for its diverse economy, which includes agriculture, manufacturing, and healthcare. The city is also home to a variety of restaurants, shopping centers, and entertainment venues. With its friendly people, vibrant culture, and strong economy, Lubbock is a great place to live and work. (Source: US Census, 2021)

The average rent for an apartment in Lubbock is $1,150. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Lubbock Texas | Cost of Living

  • The most expensive ZIP code in Lubbock is 79424 with an average price of $1,932.
  • The cheapest ZIP code in Lubbock is 79415 with an average price of $774.

Lubbock ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
179424$1,932
279416$1,348
379423$1,311
479407$1,282
579413$1,267
679401$1,236
779410$1,211
879411$1,010
979404$1,004
1079414$1,000

Live near Lubbock, Texas's Top Sights and Attractions

Hoel Park is a large outdoor recreational area located in Lubbock, Texas. It features a variety of activities, including a playground, picnic areas, walking trails, a lake, and a disc golf course. The park also has a large pavilion, which is perfect for hosting events, and a variety of sports fields. The park is a great place to spend the day with family and friends, and it's a great spot for outdoor activities.

Mccullough Park is a large outdoor recreational area located in Lubbock, Texas. It features a variety of activities, including a lake, walking trails, playgrounds, picnic areas, and a disc golf course. The lake is stocked with fish, and visitors can rent boats and fishing gear. The park also has a large pavilion and a stage for outdoor concerts. There are also several sports fields, including baseball, softball, and soccer fields. The park is a popular destination for families, friends, and outdoor enthusiasts.

Mackenzie Park North is a large outdoor recreational area located in the heart of the Texas plains. It features a variety of activities for visitors to enjoy, including a large lake, a disc golf course, a playground, and a variety of walking trails. There are also picnic areas and pavilions, as well as a large open field perfect for playing sports or flying kites. The park also features a variety of wildlife, including ducks, geese, and other birds.

Pioneer Park is a large outdoor recreational area located in the heart of the city. It features a variety of activities, including a playground, walking trails, a lake, and a disc golf course. The park also has a large amphitheater, which hosts a variety of events throughout the year. The park is a great place for families to spend the day, as there are plenty of activities to keep everyone entertained.

Maxey Park is a beautiful outdoor recreation area located in Lubbock, Texas. It features a wide variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day outdoors, enjoying the fresh air and natural beauty.

Long Park is a sprawling green space located in the heart of the city. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park is also home to a variety of wildlife, including ducks, geese, and other birds. In addition, the park is home to several monuments, sculptures, and other works of art. The park is a popular destination for locals and visitors alike, offering a peaceful and relaxing atmosphere.

Clapp Park is a large outdoor recreational area located in Lubbock, Texas. It features a variety of amenities, including a playground, picnic areas, a basketball court, a disc golf course, a walking trail, and a large lake. The lake is stocked with fish and is a popular spot for fishing. The park also has a large pavilion, which is perfect for hosting events such as birthday parties and family reunions. Clapp Park is a great place to spend a day outdoors, enjoying the fresh air and beautiful scenery.

Hamilton Park is a large outdoor area located in Lubbock, Texas. It features a variety of recreational activities, including a playground, walking trails, a lake, and a disc golf course. The park also has a large pavilion, picnic tables, and grills for visitors to use. The park is a great place to spend the day with family and friends, as it offers plenty of activities to keep everyone entertained.

Maedgen Park is a large public park located in a bustling city. It features a variety of amenities, including a playground, walking trails, picnic areas, and a large pond. The park is well-maintained and offers a peaceful escape from the hustle and bustle of the city. It is a popular spot for locals to come and relax, take a stroll, or have a picnic. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies.

Ribble Park is a large outdoor recreational area located in Lubbock, Texas. It features a variety of activities for visitors to enjoy, including a playground, walking trails, picnic areas, and a large lake. The park also has a disc golf course, a sand volleyball court, and a basketball court. The park also has a large pavilion with a stage for outdoor concerts and performances. Ribble Park is a great place to spend a day outdoors with family and friends.

Lubbock, Texas area median rent change by ZIP code map

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How does Lubbock compare to other cities in Texas?

citymedian price
Waxahachie$2,295
Heath$2,260
Coppell$2,260
Melissa$2,200
Bee Cave$2,010
Mesquite$2,010
Elgin$1,985
Spring$1,875
Terrell$1,780

Average household income in Lubbock area graph - US Census

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The median household income in Lubbock in 2021 was $54,060. This represents a 26.9% change from 2011 when the median was $42,584.

#categorypercent
0Less than $10,0009.2%
1$10,000 to $14,9995.2%
2$15,000 to $19,9994.8%
3$20,000 to $24,9995.4%
4$25,000 to $29,9995.4%
5$30,000 to $34,9995.2%
6$35,000 to $39,9994.3%
7$40,000 to $44,9994.4%
8$45,000 to $49,9994.5%
9$50,000 to $59,9998.0%
10$60,000 to $74,9999.2%
11$75,000 to $99,99911.9%
12$100,000 to $124,9998.6%
13$125,000 to $149,9994.8%
14$150,000 to $199,9994.7%
15$200,000 or more4.3%

Neighborhoods in Lubbock

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Lubbock is $1,150.
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