Average Rent in 79411, Lubbock, TX

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Current Versus Historical 79411, Lubbock, TX Rents

79411 rentals average $1,100 for a studio rental to $1,600 for a 4-bedroom rental. The median price of all currently available listings is $985, or roughly $12 per square feet.
For the apartment units and housing in May 2023, median rents have risen over the last year. Studio rentals prices have decreased by $15 (-1.63%) year-over-year from $915 to $900. 1-bedroom rentals prices have increased by $50 (8.33%) year-over-year from $600 to $650. 2-bedroom rentals prices have decreased by $40 (-4.37%) year-over-year from $915 to $875. 3-bedroom rentals prices have increased by $157 (13.73%) year-over-year from $1,141 to $1,298. 4-bedroom rentals prices have decreased by $183 (-10.53%) year-over-year from $1,733 to $1,550. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.70% this month. 1-bedroom rents have gone up by 5.41% this month. 2-bedroom rents have gone down by 6.91% this month. 3-bedroom rents have gone down by 2.63% this month. 4-bedroom rents have gone up by 1.87% this month.
Beds
Price / Sqft
May 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $13 $900 $915 (-1.63%) $557 (61.61%)
1 BR $13 $650 $600 (8.33%) $547 (18.90%)
2 BR $12 $875 $915 (-4.37%) $787 (11.23%)
3 BR $12 $1,298 $1,141 (13.73%) $1,100 (17.95%)
4+ BR $11 $1,550 $1,733 (-10.53%) $1,542 (0.54%)

Historical Rents in 79411, Lubbock, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 79411

There are a total of 2 cities nearby 79411. The average rent in 79411 is currently $1,400 per month. Our records show that Lubbock, TX, with an average rent of $1,300, is the most affordable city nearby. In contrast, the most expensive city near 79411, Lubbock, TX is Wolfforth, TX. Monthly rents here are on average $1,500 per month.

Let's compare 79411, Lubbock, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 79411, Lubbock, TX is 68.18% more expensive than other cities nearby. One bedrooms are about 46.92% more expensive. Two bedrooms in 79411, Lubbock, TX are about 28.89% more affordable. Finally, rent for three bedrooms are about 16.60% more affordable. Want more information? Check out the top 2 cities near 79411, Lubbock, TX in the following chart.
City Studio 1 Bed 2 Bed All
Lubbock, TX $700 $690 $925 $1,300
Wolfforth, TX N/A N/A $1,395 $1,500

Top Neighborhoods Near 79411

There are a total of 6 neighborhoods in or near 79411. Some of these neighborhoods include South Overton, Wheelock and Monterey, and Heart of Lubbock. We've included all of these top 6 neighborhoods in or near 79411, Lubbock, TX in the following chart.

The average rent for these 6 neighborhoods in or near 79411, Lubbock, TX is currently around $1,250 per month. A total of one neighborhood has a lower average rent. Meaning, only five neighborhoods have a higher average rent than $1,250. Interestingly, the neighborhoods' average rent is higher than 79411's average rent, which is only $985. Out of all the neighborhoods in or near 79411, South Overton has the most affordable average rent at $850 per month. Whereas, at $1,475 average rent per month, North by Northwest is the most expensive neighborhood in or near 79411. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Overton, Lubbock, TX $1,395 $685 $865 $850
Wheelock and Monterey, Lubbock, TX N/A $600 $995 $1,175
Heart of Lubbock, Lubbock, TX $1,700 $650 $985 $1,200
Maxey Park, Lubbock, TX $550 $673 $950 $1,300
Tech Terrace- U.N.I.T., Lubbock, TX N/A $730 $1,195 $1,400
North by Northwest, Lubbock, TX N/A $625 $1,500 $1,475

Top Counties Near 79411

There are a total of 6 counties located by 79411, Lubbock, TX. The average rent for rentals in these counties is $1,395. That's roughly around $12 per sqft. The county that is the most affordable is Lubbock, TX. It's average rent per month is $1,395. Vice versa, with an average rent of $1,395, Lubbock, TX is the most expensive county by 79411, Lubbock, TX.

Typically, rent for studios in 79411, Lubbock, TX is 36.82% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 79411, Lubbock, TX is 6.15% more affordable than other counties nearby. Finally, rent for two bedrooms in 79411, Lubbock, TX is 8.33% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Lubbock, TX $695 $690 $975 $1,395

Top Zipcodes Near 79411

There are a total of 10 zipcodes in or near 79411, Lubbock, TX. The average rent for all of these zipcodes is $1,338. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 79401, Lubbock, TX at $895 per month. In comparison, the zipcode with the most expensive average rent of $1,595 per month is 79382, Lubbock, TX.

Studios in these zipcodes have an average rent of $377. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 79411, Lubbock, TX is $695 per month. Or in other words, $14 per sqft. Meanwhile, two bedroom apartments will cost you an average of $960 per month. Which comes out to $12 per sqft. The following chart includes the top 10 zipcodes in 79411, Lubbock, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
79416, Lubbock, TX $695 $750 $910 $1,375
79424, Lubbock, TX $800 $738 $1,050 $1,595
79423, Lubbock, TX $204 $840 $1,300 $1,500
79407, Lubbock, TX N/A $700 $900 $1,500
79410, Lubbock, TX $550 $695 $1,100 $1,300
79413, Lubbock, TX $2,350 $550 $995 $1,250
79401, Lubbock, TX $14 $695 $925 $895
79412, Lubbock, TX $1,248 $675 $895 $900
79414, Lubbock, TX N/A $695 $850 $1,163
79382, Lubbock, TX N/A N/A $1,395 $1,595

Frequently Asked Questions - 79411 Average Rents

What is the average rent price in 79411, Lubbock, TX?
The average monthly rental price for 79411, Lubbock, TX apartments for rent is approximately $985. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 79411, Lubbock, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 79411, Lubbock, TX.
How much is a studio apartment in 79411, Lubbock, TX?
The average monthly rental price for studio apartments is $1,100 and an average price per square feet of $13.08. There are a total of 6 studio apartment listings currently available for rent in 79411.
How much is a one bedroom apartment in 79411, Lubbock, TX?
The average monthly rental price for one bedroom apartments is $650 and an average price per square feet of $12.96. There are a total of 29 one bedroom apartment listings currently available for rent in 79411.
How much is a two bedroom apartment in 79411, Lubbock, TX?
The average monthly rental price for two bedroom apartments is $900 and an average price per square feet of $12.03. There are a total of 33 two bedroom apartment listings currently available for rent in 79411.
How have rent prices in 79411, Lubbock, TX changed this year?
Rent prices for rentals in 79411, Lubbock, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in 79411, Lubbock, TX?
A reasonable rent price in 79411, Lubbock, TX is around $788/month. You can search for these reasonably priced rental listings on RentHop.
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