Average Rent in 79412, Lubbock, TX

Current Versus Historical 79412, Lubbock, TX Rents

79412 rentals average $700 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $795, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $966 (-61.69%) year-over-year from $1,566 to $600. 1-bedroom rentals prices have increased by $13 (1.82%) year-over-year from $688 to $700. 2-bedroom rentals prices have decreased by $28 (-3.43%) year-over-year from $803 to $775. 3-bedroom rentals prices have decreased by $118 (-10.58%) year-over-year from $1,115 to $997. 4-bedroom rentals prices have decreased by $475 (-28.77%) year-over-year from $1,650 to $1,175. 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 0.00% this month. 1-bedroom rents have gone up by 6.33% this month. 2-bedroom rents have gone down by 3.08% this month. 3-bedroom rents have gone down by 5.33% this month. 4-bedroom rents have gone down by 18.26% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.12	$700	$688 (1.82%)	$596 (17.38%)
2 BR	$0.79	$775	$803 (-3.43%)	$740 (4.78%)
3 BR	$0.89	$997	$1,115 (-10.58%)	$983 (1.39%)

Historical Rents in 79412, Lubbock, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 79412

There are a total of 1 cities nearby 79412. The average rent in 79412 is currently $1,375 per month. Our records show that Lubbock, TX, with an average rent of $1,375, is the most affordable city nearby. In contrast, the most expensive city near 79412, Lubbock, TX is Lubbock, TX. Monthly rents here are on average $1,375 per month.

Let's compare 79412, Lubbock, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 79412, Lubbock, TX is inf% more affordable than other cities nearby. One bedrooms are about 7.14% more expensive. Two bedrooms in 79412, Lubbock, TX are about 23.33% more affordable. Finally, rent for three bedrooms are about 51.87% more affordable. Want more information? Check out the top 1 cities near 79412, Lubbock, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Lubbock, TX	$555	$650	$925	$1,375

Top Neighborhoods Near 79412

There are a total of 2 neighborhoods in or near 79412. We've included all of these top 2 neighborhoods in or near 79412, Lubbock, TX in the following chart.

The average rent for these 2 neighborhoods in or near 79412, Lubbock, TX is currently around $1,300 per month. Meaning, only two neighborhoods have a higher average rent than $1,300. Interestingly, the neighborhoods' average rent is higher than 79412's average rent, which is only $795. Out of all the neighborhoods in or near 79412, Heart of Lubbock has the most affordable average rent at $1,100 per month. Whereas, at $1,500 average rent per month, Tech Terrace- U.N.I.T. is the most expensive neighborhood in or near 79412. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Heart of Lubbock, Lubbock, TX	N/A	$600	$968	$1,100
Tech Terrace- U.N.I.T., Lubbock, TX	N/A	$723	$1,275	$1,500

Top Counties Near 79412

There are a total of 2 counties located by 79412, Lubbock, TX. The average rent for rentals in these counties is $1,400. That's roughly around $1 per sqft. The county that is the most affordable is Lubbock, TX. It's average rent per month is $1,400. Vice versa, with an average rent of $1,400, Lubbock, TX is the most expensive county by 79412, Lubbock, TX.

Typically, rent for studios in 79412, Lubbock, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 79412, Lubbock, TX is 7.14% more expensive than other counties nearby. Finally, rent for two bedrooms in 79412, Lubbock, TX is 26.67% 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	$555	$650	$950	$1,400

Top Zipcodes Near 79412

There are a total of 6 zipcodes in or near 79412, Lubbock, TX. The average rent for all of these zipcodes is $1,450.

The following chart includes the top 6 zipcodes in 79412, 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	N/A	N/A	$1,200	$1,500
79424, Lubbock, TX	N/A	$728	$1,375	$1,600
79423, Lubbock, TX	N/A	N/A	$1,125	$1,450
79410, Lubbock, TX	N/A	$650	$1,200	$1,375
79407, Lubbock, TX	N/A	$625	$1,125	$1,450
79411, Lubbock, TX	N/A	$600	$968	$1,173

Frequently Asked Questions - 79412 Average Rents

What is the average rent price in 79412, Lubbock, TX?

The average monthly rental price for 79412, Lubbock, TX apartments for rent is approximately $795. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 79412, 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 79412, Lubbock, TX.

How much is a studio apartment in 79412, Lubbock, TX?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 79412.

How much is a one bedroom apartment in 79412, Lubbock, TX?

The average monthly rental price for one bedroom apartments is $700 and an average price per square feet of $1.12. There are a total of 3 one bedroom apartment listings currently available for rent in 79412.

How much is a two bedroom apartment in 79412, Lubbock, TX?

The average monthly rental price for two bedroom apartments is $750 and an average price per square feet of $0.79. There are a total of 15 two bedroom apartment listings currently available for rent in 79412.

How have rent prices in 79412, Lubbock, TX changed this year?

Rent prices for rentals in 79412, Lubbock, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.62%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by -0.11% year-over-year.

What is a reasonable rent price in 79412, Lubbock, TX?

A reasonable rent price in 79412, Lubbock, TX is around $636/month. You can search for these reasonably priced rental listings on RentHop.