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Apartments Under $500 in Lubbock, TX

1 - 12 of 12 Results
8
$495
Jw 207 Temple Avenue
207 Temple Ave Lubbock, TX
1 BR | Available Now
Contact
North Overton
12
$499
2212 2Nd St
Lubbock, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
29
$499
PER
ROOM
The Bloc
Deal
707 Avenue T Lubbock, TX
4 BR | Aug. 19, 2026
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Fitness Center
45
$499
PER
ROOM
Park East
Deal
1819 Glenna Goodacre Blvd Lubbock, TX
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Pool
North Overton
37
$499
PER
ROOM
The Bloc
Deal
5.0
707 Avenue T Lubbock, TX
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Fitness Center
45
$499
PER
ROOM
Park East
Deal
1819 Glenna Goodacre Blvd Lubbock, TX
4 BR | Aug. 17, 2026
Contact
Dog Friendly
Cat Friendly
Student
Pool
North Overton
2
$310 - 440
Stone Hollow Village
1510 E Cornell St Lubbock, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$475
2421 22nd
2421 22nd St Lubbock, TX
1 BR | Available Now
Contact
Heart of Lubbock
0
$100
Timeout
5214 68th St Lubbock, TX
1 BR | Available Now
Contact
26
3D Tour
$499
PER
ROOM
Park East
Deal
5.0
1819 Glenna Goodacre Blvd. Lubbock, TX
4 BR | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
$337 - 469
zPark Meadow Villas II
2627 Oak Drive Lubbock, TX
1 - 3 BR | Available Now
Contact
Chatman Park
$469
zPark Meadow Villas I
2502 Weber Drive Lubbock, TX
1 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Dishwasher
Fireplace
Chatman Park
1 - 12 of 12 Results
  1. Home
  2. Lubbock
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Lubbock, TX on Rentable.co?

There are 12 apartments under $500 in Lubbock currently available for rent on Rentable.co.

How many one-bedroom apartments under $500 are available in Lubbock?

Rentable.co has 95 one-bedroom apartments under $500 available for rent in Lubbock.

How many two-bedroom apartments under $500 are available in Lubbock?

Rentable.co has 185 two-bedroom apartments under $500 available for rent in Lubbock.

Can I afford a apartment under $500 in Lubbock, TX?

To comfortably afford a apartment under $500 in Lubbock based on average rent prices, a household would need an annual income of $18,000.

Which neighborhoods have the most apartments under $500 for rent in Lubbock, TX?

  1. North Overton
  2. Chatman Park
  3. Harwell
  4. South Overton
  5. Maxey

Apartments Under $500 in Lubbock, TX: December Rental Information

Welcome to the December 2025 Lubbock Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Lubbock rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Lubbock and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $500 in Lubbock.
0 12 25 37 50 <$500 $520 $560 $600 $640 $680 $720 $760 $800 $840 $880 $920 $960 >$1,000
This month, the typical cost to rent a one-bedroom apartment in Lubbock stands at $760, with the majority falling between $510 and $1,050. Out of the 2,593 one-bedroom apartments currently on the market in Lubbock, 95 are priced below $500, accounting for 4% of the total available one-bedroom units in Lubbock.

Available Apartments Under $500: Lubbock vs. Surrounding Areas

Lubbock, TX
14
Discover affordable living options in Lubbock, TX and its surrounding cities with Rentable's chart of available apartments under $500. As of December 2025, there are numerous choices available in Lubbock, as well as in Tahoka, Levelland, Abernathy, Slaton, Wolfforth, Idalou, and Shallowater. In total, the rental market in the Lubbock, TX metro area boasts 19 apartments within this price range. Whether you're a student on a budget or simply looking for more affordable housing, Rentable can help you find your ideal rental in this thriving region.

Apartments Under $500 Now vs. Last Month: Lubbock and Surrounding Areas

City Apartments Under $500 in December M/M % Change
Lubbock, TX 14 +1.0%
Slaton, TX 1 +1.0%
Idalou, TX 1 +0.5%

Looking for Apartments Under $500 in Lubbock?

Available apartments under $500 547
Top amenities Refrigerator, Garbage Disposal, Trash Removal Included, Range / Oven, Student
Deals 7
Pet friendly 33
Utilities included 1
Furnished 5
1 Bedroom 28
2 Bedroom 10
3 Bedroom 14
Square footage 395 - 1,325

Where are Lubbock Apartments Under $500?

Top Neighborhoods North overton, Chatman park, Harwell, South overton, Maxey
North Overton 6
Chatman Park 2
Harwell 1
South Overton 1
Maxey 1
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