195 Luxury Apartments for rent in Lubbock, TX

Last updated November 19 at 5:09pm UTC
3013 56th Street
Caprock
Lubbock, TX
Updated November 19 at 5:09pm UTC
3 Bedrooms
$1,600
3114 40th Street
Wheelock and Monterey
Lubbock, TX
Updated November 16 at 12:01pm UTC
3 Bedrooms
$1,200
2335 33rd Street
Heart of Lubbock
Lubbock, TX
Updated November 16 at 12:03pm UTC
3 Bedrooms
$1,050
3819 33rd Street
Maxey Park
Lubbock, TX
Updated November 19 at 5:09pm UTC
3 Bedrooms
$1,200
5411 8th Street
Lubbock
Lubbock, TX
Updated September 26 at 3:42am UTC
3 Bedrooms
$1,150
5911 16th Street
Northridge
Lubbock, TX
Updated November 15 at 11:30am UTC
3 Bedrooms
$1,050
3526 150th Street
Lubbock
Lubbock, TX
Updated November 18 at 1:27am UTC
9 Bedrooms
$4,200
4013 43rd Street
Maedgen Area
Lubbock, TX
Updated November 15 at 11:34am UTC
3 Bedrooms
$1,000
3805 61st Street
Lubbock
Lubbock, TX
Updated October 18 at 10:39am UTC
3 Bedrooms
$1,250
3508 38th St
Maedgen Area
Lubbock, TX
Updated November 16 at 12:02pm UTC
3 Bedrooms
$1,195
5716 92nd
Preston Smith
Lubbock, TX
Updated November 16 at 11:59am UTC
3 Bedrooms
$1,495
6503 86th St
Lubbock
Lubbock, TX
Updated September 28 at 10:55am UTC
3 Bedrooms
$1,300
2918 68th Street
Caprock
Lubbock, TX
Updated November 16 at 11:59am UTC
4 Bedrooms
$1,550
3116 104th Street
Lubbock
Lubbock, TX
Updated November 6 at 11:54am UTC
4 Bedrooms
$1,650
2506 Kenosha Avenue
Maxey Park
Lubbock, TX
Updated October 18 at 10:28am UTC
3 Bedrooms
$1,050
5520 94th Street
Preston Smith
Lubbock, TX
Updated November 15 at 11:31am UTC
3 Bedrooms
$1,295
6116 10th
Northridge
Lubbock, TX
Updated November 10 at 11:22am UTC
3 Bedrooms
$1,300
1009 Prospect
Northridge
Lubbock, TX
Updated November 9 at 12:15pm UTC
3 Bedrooms
$1,200
4307 44th Street
Maedgen Area
Lubbock, TX
Updated November 16 at 12:07pm UTC
3 Bedrooms
$1,150
4406 18th Street
Lubbock
Lubbock, TX
Updated November 16 at 11:40am UTC
4 Bedrooms
$1,695
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List detective logo

Zoom in to see more.

Trying to get a feel for the larger area? No problem.
When you're ready, zoom in again to see pins and listings.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

November 2017 Lubbock Rent Report

Welcome to the November 2017 Lubbock Rent Report. Lubbock rents declined 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

November 2017 Lubbock Rent Report

Welcome to the November 2017 Lubbock Rent Report. Lubbock rents declined 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 declined 1.0% over the past month, but have increased marginally by 0.6% in comparison to the same time last year. Currently, median rents in Lubbock stand at $670 for a one-bedroom apartment and $830 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in August. Lubbock's year-over-year rent growth lags the state average of 2.0%, as well as the national average of 2.7%.

Rents rising across cities in Texas

Throughout the past year, rent increases have been occurring not just in the city of Lubbock, but across the entire state. Of the largest 10 cities that we have data for in Texas, 9 of them have seen prices rise. The state as a whole logged rent growth of 2.0% 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 $1,420; of the 10 largest cities in the state that we have data for, Corpus Christi, where a two-bedroom goes for $1,030, is the only major city to see rents fall year-over-year (-0.8%).
  • Arlington, Fort Worth, and Dallas have all experienced year-over-year growth above the state average (7.9%, 5.2%, and 2.6%, respectively).

Lubbock rents more affordable than many large cities nationwide

As rents have increased marginally in Lubbock, other large cities nationwide have seen rents grow more quickly. Lubbock is still more affordable than most large cities across the country.

  • Lubbock's median two-bedroom rent of $830 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.6% increase in Lubbock.
  • While Lubbock's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Phoenix (+4.1%), and Atlanta (+2.4%).
  • Renters will find more reasonable prices in Lubbock than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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.