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259 Luxury Apartments for rent in Lubbock, TX

Last updated September 19 at 5:24am UTC
4801 Jarvis St
North by Northwest
Lubbock, TX
Updated September 19 at 5:24am UTC
3 Bedrooms
$1,550
6208 14th Street
Northridge
Lubbock, TX
Updated September 19 at 5:19am UTC
3 Bedrooms
$1,150
3207 108th St
Lubbock
Lubbock, TX
Updated September 19 at 1:45am UTC
3 Bedrooms
$1,495
2621 113th St
Lubbock
Lubbock, TX
Updated September 19 at 1:45am UTC
2 Bedrooms
$1,395
3209 108th St
Lubbock
Lubbock, TX
Updated September 19 at 1:45am UTC
3 Bedrooms
$1,495
2603 113th St
Lubbock
Lubbock, TX
Updated September 19 at 1:45am UTC
2 Bedrooms
$1,395
9804 Uvalde Ave
Lubbock
Lubbock, TX
Updated September 19 at 1:45am UTC
2 Bedrooms
$1,395
3101 33rd St
Tech Terrace- U.N.I.T.
Lubbock, TX
Updated September 19 at 1:27am UTC
4 Bedrooms
$1,000
3604 78th Drive
Lubbock
Lubbock, TX
Updated September 18 at 7:30pm UTC
4 Bedrooms
$1,450
2924 85th Street
University Pines
Lubbock, TX
Updated September 18 at 1:12pm UTC
3 Bedrooms
$1,600
6821 6th St
Northridge
Lubbock, TX
Updated September 18 at 1:11pm UTC
3 Bedrooms
$1,100
5301 22nd Street
Bowie
Lubbock, TX
Updated September 18 at 1:10pm UTC
3 Bedrooms
$1,100
1924 70th St
Bayless Atkins
Lubbock, TX
Updated September 18 at 1:10pm UTC
4 Bedrooms
$1,100
403 Prentiss Ave
Northridge
Lubbock, TX
Updated September 18 at 1:09pm UTC
3 Bedrooms
$1,150
9307 Saratoga Avenue
Lubbock
Lubbock, TX
Updated September 18 at 1:09pm UTC
4 Bedrooms
$2,200
4203 39th Street
Maedgen Area
Lubbock, TX
Updated September 18 at 1:07pm UTC
3 Bedrooms
$1,050
5018 27th Street
Coronado Area
Lubbock, TX
Updated September 18 at 1:06pm UTC
3 Bedrooms
$1,250
10703 Dixon Avenue
Lubbock
Lubbock, TX
Updated September 18 at 1:04pm UTC
3 Bedrooms
$1,300
6207 14th Street
Northridge
Lubbock, TX
Updated September 18 at 1:03pm UTC
3 Bedrooms
$1,000
4101 101st Street
Lubbock
Lubbock, TX
Updated September 18 at 1:02pm UTC
3 Bedrooms
$1,600
4806 60th St
Lubbock
Lubbock, TX
Updated September 18 at 1:02pm UTC
3 Bedrooms
$1,150
5530 Harvard Street
North by Northwest
Lubbock, TX
Updated September 18 at 7:30pm UTC
3 Bedrooms
$1,095
2112 10th St.
North Overton
Lubbock, TX
Updated September 18 at 1:03pm UTC
3 Bedrooms
$1,375

September 2018 Lubbock Rent Report

Welcome to the September 2018 Lubbock Rent Report. Lubbock rents remained steady over the past month. In this report, we'll evaluate trends in the Lubbock rental market, including comparisons to cities throughout the state and nation.

View full Lubbock Rent Report
Rent Report
Lubbock

September 2018 Lubbock Rent Report

Welcome to the September 2018 Lubbock Rent Report. Lubbock rents remained steady over the past month. In this report, we'll evaluate trends in the Lubbock rental market, including comparisons to cities throughout the state and nation.

Lubbock rents declined over the past month

Lubbock rents have remained steady over the past month, but are down significantly by 2.6% year-over-year. Currently, median rents in Lubbock stand at $660 for a one-bedroom apartment and $820 for a two-bedroom. Lubbock's year-over-year rent growth lags the state average of 1.8%, as well as the national average of 1.0%.

Rents rising across cities in Texas

While rent decreases have been occurring in the city of Lubbock over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in Texas for which we have data. The state as a whole logged rent growth of 1.8% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,430; of the 10 largest cities in the state that we have data for, El Paso, where a two-bedroom goes for $830, is the only other major city besides Lubbock to see rents fall year-over-year (-1.2%).
  • Houston, Corpus Christi, and Arlington have all experienced year-over-year growth above the state average (3.6%, 2.6%, and 2.1%, respectively).

Lubbock rents more affordable than many large cities nationwide

As rents have fallen significantly in Lubbock, many large cities nationwide have seen prices increase, in some cases substantially. Lubbock is also more affordable than most large cities across the country.

  • Lubbock's median two-bedroom rent of $820 is below the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 2.6% decline in Lubbock.
  • While rents in Lubbock fell significantly over the past year, many cities nationwide saw increases, including Phoenix (+2.5%), Atlanta (+1.5%), and San Francisco (+1.1%).
  • Renters will find more reasonable prices in Lubbock than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three-and-a-half times the price in Lubbock.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.