Portofino Apartments
6610 34th St,
Lubbock, TX 79407
1-3 Beds | $1,055 - $1,499
Rental Market Trends in Lubbock, TX
What is the average rent in Lubbock, TX?
$850/month
Average Rent
666 Sq Ft
Average Apartment Size
+0.4%
Increase in the Last Year
As of April 2025, the average rent in Lubbock, TX is $850 per month. This is 46% lower than the national average rent of $1,576/month, making renting in Lubbock more affordable than most cities in the US. When you rent an apartment in Lubbock, you can expect to pay about $662 per month for a studio, $850 for a one-bedroom apartment, and around $1,000 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,278 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Lubbock, TX?
In the past year, rent has increased by 0.4%, which averages out to $4 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Lubbock, TX
Last Updated April 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
27%
Below $700/month
48%
$700 - $1,000/month
21%
$1,001 - $1,500/month
3%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lubbock?
Based on current rent prices, Maedgen Area, Heart Of Lubbock and Dunbar-Manhattan Heights are the most affordable neighborhoods in Lubbock.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lubbock?
Based on current rent prices, North Overton, North By Northwest and Arnett Benson are the most expensive neighborhoods in Lubbock.
Neighborhood
Average Rent
Average Sq Ft
Which Lubbock neighborhoods have the most rentals available?
The neighborhoods in Lubbock with the most apartments available are Downtown Lubbock, Northwest Lubbock and Maxey Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lubbock, TX?
Because the average rent in Lubbock is $850, you’ll want to make about $2,833 per month or $33,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Lubbock, TX is 8.3% lower than the national average. Generally, housing in Lubbock is 14.1% less expensive than the national average, with rent falling between $662 - $1,278. You can expect to pay 3.4% less for groceries, 11.0% less for utilities, and 9.8% less for transportation.
How does Lubbock, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Lubbock, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$675/month
-
One Bedroom
$790/month
$475/month
Two Bedroom
$883/month
$1,715/month
Three Bedroom
$1,085/month
-
Nearby City Rent Trends
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Monarch Investment and Management Group
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Tarantino
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Capstone Real Estate
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50
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33
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3 Communities in Lubbock
Anywhere
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14
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1,091
Units
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9
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3 Communities in Lubbock
Cushman & Wakefield
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550
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128,023
Units
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278
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Cardinal Group Management and Advisory, LLC
-
154
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33,847
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.