Average Rent in 79414, Lubbock, TX

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Current Versus Historical 79414, Lubbock, TX Rents

79414 rentals average $650 for a 1-bedroom rental to $1,825 for a 4-bedroom rental. The median price of all currently available listings is $1,200, 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 increased by $0 (0.00%) year-over-year from $1,800 to $1,800. 1-bedroom rentals prices have increased by $12 (1.60%) year-over-year from $728 to $740. 2-bedroom rentals prices have increased by $5 (0.56%) year-over-year from $895 to $900. 3-bedroom rentals prices have decreased by $33 (-2.49%) year-over-year from $1,333 to $1,300. 4-bedroom rentals prices have increased by $127 (7.46%) year-over-year from $1,698 to $1,825. 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 down by 1.77% this month. 2-bedroom rents have gone up by 3.05% this month. 3-bedroom rents have gone down by 0.31% this month. 4-bedroom rents have gone down by 10.25% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.13 $740 $728 (1.60%) $650 (13.85%)
2 BR $0.87 $900 $895 (0.56%) $773 (16.38%)
3 BR $0.91 $1,300 $1,333 (-2.49%) $1,075 (20.93%)
4+ BR $1.13 $1,825 $1,698 (7.46%) $1,316 (38.64%)

Historical Rents in 79414, Lubbock, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 79414

There are a total of 1 cities nearby 79414. The average rent in 79414 is currently $1,395 per month. Our records show that Lubbock, TX, with an average rent of $1,395, is the most affordable city nearby. In contrast, the most expensive city near 79414, Lubbock, TX is Lubbock, TX. Monthly rents here are on average $1,395 per month.

Let's compare 79414, Lubbock, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 79414, Lubbock, TX is inf% more affordable than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in 79414, Lubbock, TX are about 2.83% more expensive. Finally, rent for three bedrooms are about 15.60% more affordable. Want more information? Check out the top 1 cities near 79414, Lubbock, TX in the following chart.
City Studio 1 Bed 2 Bed All
Lubbock, TX $555 $650 $945 $1,395

Top Neighborhoods Near 79414

There are a total of 2 neighborhoods in or near 79414. We've included all of these top 2 neighborhoods in or near 79414, Lubbock, TX in the following chart.

The average rent for these 2 neighborhoods in or near 79414, Lubbock, TX is currently around $1,311 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 79414's average rent, which is only $1,200. Out of all the neighborhoods in or near 79414, Heart of Lubbock has the most affordable average rent at $1,123 per month. Whereas, at $1,500 average rent per month, Tech Terrace- U.N.I.T. is the most expensive neighborhood in or near 79414. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Heart of Lubbock, Lubbock, TX N/A $600 $968 $1,123
Tech Terrace- U.N.I.T., Lubbock, TX N/A $650 $1,250 $1,500

Top Counties Near 79414

There are a total of 2 counties located by 79414, 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 79414, Lubbock, TX.

Typically, rent for studios in 79414, Lubbock, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 79414, Lubbock, TX is on par with the other counties nearby. Finally, rent for two bedrooms in 79414, Lubbock, TX is 0.51% more expensive 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 $968 $1,400

Top Zipcodes Near 79414

There are a total of 6 zipcodes in or near 79414, Lubbock, TX. The average rent for all of these zipcodes is $1,450.

The following chart includes the top 6 zipcodes in 79414, 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 $1,350 $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 $1,150

Frequently Asked Questions - 79414 Average Rents

What is the average rent price in 79414, Lubbock, TX?
The average monthly rental price for 79414, Lubbock, TX apartments for rent is approximately $1,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 79414, 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 79414, Lubbock, TX.
How much is a studio apartment in 79414, 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 79414.
How much is a one bedroom apartment in 79414, Lubbock, TX?
The average monthly rental price for one bedroom apartments is $650 and an average price per square feet of $1.13. There are a total of 3 one bedroom apartment listings currently available for rent in 79414.
How much is a two bedroom apartment in 79414, Lubbock, TX?
The average monthly rental price for two bedroom apartments is $973 and an average price per square feet of $0.87. There are a total of 8 two bedroom apartment listings currently available for rent in 79414.
How have rent prices in 79414, Lubbock, TX changed this year?
Rent prices for rentals in 79414, Lubbock, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in 79414, Lubbock, TX?
A reasonable rent price in 79414, Lubbock, TX is around $960/month. You can search for these reasonably priced rental listings on RentHop.
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