Homes for Rent in 79416

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What to Know About

Living in 79416

Lubbock, known for its friendly community, excellent schools, and affordable cost of living, has everything from award-winning wineries to stunning sunsets. Take a journey through time and discover the city's iconic destinations, such as the National Ranching Heritage Center, the Silent Wings Museum, and the Buddy Holly Center. Lubbock also boasts a thriving arts and culture scene, with venues such as the Lubbock Symphony Orchestra, the Lubbock Community Theatre, and educational opportunities at Texas Tech University and Lubbock Christian University.

The city is a playground for nature enthusiasts. You can enjoy natural beauty in Buffalo Springs Lake, Mackenzie Park, and the Lubbock Lake Landmark. Satisfy your appetite with the city's diverse dining experiences, featuring classic Texan cuisine and world flavors. Make sure to attend Lubbock's annual events showcasing local flairs, such as the Lubbock Arts Festival and the National Cowboy Symposium and Celebration, showcasing the city's rich cultural heritage.

With a diverse economy, friendly community, and plenty of things to do, Lubbock is a great place to call home for people of all ages and interests.

Rental Market Trends

Lubbock, TX

As of February 2026, Lubbock's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lubbock's average rent is 32.6% ($444) lower than the Texas average of $1,361 and 47.7% ($836) lower than the U.S. average of $1,753.

Average Rent
$917
Monthly ChangeMonth Over Month Change
Increased0.5% ($5)
Yearly ChangeYear Over Year Change
Increased2.8% ($25)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $797 Decreased0.5% ($4) Increased2.7% ($21)
2 Beds $920 Decreased0.1% ($1) Increased0.7% ($6)
3 Beds $1,339 Increased0.5% ($7) Increased0.5% ($7)
Nearby Cities Average Rent Avg. Rent vs. LubbockAverage Rent vs. Lubbock Avg. Days on MarketAverage Days on Market
Wolfforth $1,244 Increased35.7% ($327) 33 days
Slaton $693 Decreased24.4% ($224) 34 days
Idalou $784 Decreased14.5% ($133) 35 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lubbock Rental Market FAQs

Explore rental prices, market trends, and availability in Lubbock, TX.

The average rent in Lubbock, TX is $917 per month.
Homes in Lubbock typically rent for between $600 and $1,741 per month, with an average of $917 per month.
In Lubbock, the average rent for a 1-bedroom home is $797 per month, for a 2-bedroom home, $920 per month, and a 3-bedroom home is $1,339 per month.
The average rent in Lubbock is 47.7% ($836) lower than the national average of $1,753 per month.
The average rent in Lubbock has increased by 0.5% ($5) in the last month and increased by 2.8% ($25) over the past year.
The rental market in Lubbock, TX, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lubbock, TX, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1,040 rental property available in Lubbock, TX.
Based on the current averages, a household would need an annual income of $36,800 to comfortably afford a 2-bedroom home in Lubbock.
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