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226 Luxury Apartments for rent in Lubbock, TX

Last updated November 15 at 9:19pm UTC
3209 36th
Wheelock and Monterey
Lubbock, TX
Updated November 15 at 9:18pm UTC
3 Bedrooms
$1,150
6506 92nd Street
Lubbock
Lubbock, TX
Updated November 15 at 9:15pm UTC
3 Bedrooms
$1,225
4009 100th Place
Lubbock
Lubbock, TX
Updated November 15 at 9:13pm UTC
3 Bedrooms
$2,895
2522 21st Street
Tech Terrace- U.N.I.T.
Lubbock, TX
Updated November 15 at 5:56pm UTC
3 Bedrooms
$1,350
3119 113th Street
Lubbock
Lubbock, TX
Updated November 15 at 5:56pm UTC
3 Bedrooms
$1,250
5415 100th Street
Lubbock
Lubbock, TX
Updated November 15 at 5:56pm UTC
3 Bedrooms
$1,550
3616 39th St
Maedgen Area
Lubbock, TX
Updated November 15 at 5:47pm UTC
4 Bedrooms
$1,300
2621 113th St
Lubbock
Lubbock, TX
Updated November 15 at 5:46pm UTC
2 Bedrooms
$1,395
2603 113th St
Lubbock
Lubbock, TX
Updated November 15 at 5:46pm UTC
2 Bedrooms
$1,395
9804 Uvalde Ave
Lubbock
Lubbock, TX
Updated November 15 at 5:46pm UTC
2 Bedrooms
$1,395
11211 Akron Ave
Lubbock
Lubbock, TX
Updated November 15 at 5:40pm UTC
3 Bedrooms
$1,495
5511 110th St
Lubbock
Lubbock, TX
Updated November 15 at 5:38pm UTC
3 Bedrooms
$1,375
5523 105th Street
Lubbock
Lubbock, TX
Updated November 15 at 12:04pm UTC
3 Bedrooms
$1,725
3101 33rd St
Tech Terrace- U.N.I.T.
Lubbock, TX
Updated November 15 at 5:35pm UTC
4 Bedrooms
$1,000
5504 2nd Place
North by Northwest
Lubbock, TX
Updated November 15 at 1:47pm UTC
3 Bedrooms
$1,200
3116 31st Street
Tech Terrace- U.N.I.T.
Lubbock, TX
Updated November 15 at 1:47pm UTC
4 Bedrooms
$1,500
2109 9th Street
North Overton
Lubbock, TX
Updated November 15 at 12:04pm UTC
3 Bedrooms
$1,950
2107 9th Street
North Overton
Lubbock, TX
Updated November 15 at 12:04pm UTC
4 Bedrooms
$2,200
2105 9th Street
North Overton
Lubbock, TX
Updated November 15 at 12:04pm UTC
4 Bedrooms
$2,200
5510 1st pl
North by Northwest
Lubbock, TX
Updated November 15 at 12:03pm UTC
3 Bedrooms
$1,300
7108 Zoar Ave
Lubbock
Lubbock, TX
Updated November 15 at 12:03pm UTC
3 Bedrooms
$1,395
2112 58th St
Bayless Atkins
Lubbock, TX
Updated November 15 at 12:03pm UTC
4 Bedrooms
$1,300
5013 43rd st.
Stubbs-Stewart
Lubbock, TX
Updated November 15 at 12:03pm UTC
4 Bedrooms
$1,000

November 2018 Lubbock Rent Report

Welcome to the November 2018 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 2018 Lubbock Rent Report

Welcome to the November 2018 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 0.1% over the past month, and have decreased moderately by 1.0% in comparison to the same time last 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 1.5%, as well as the national average of 1.1%.

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 1.5% 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 (-0.8%).
  • Corpus Christi, Arlington, and Austin have all experienced year-over-year growth above the state average (3.1%, 2.8%, and 2.3%, respectively).

Lubbock rents more affordable than many large cities nationwide

As rents have fallen moderately 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 1.1% over the past year compared to the 1.0% decline in Lubbock.
  • While rents in Lubbock fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+3.0%), Atlanta (+1.5%), and New York (+1.5%).
  • 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.