Average Rent in 79424, Lubbock, TX

Current Versus Historical 79424, Lubbock, TX Rents

79424 rentals average $1,173 for a 1-bedroom rental to $2,200 for a 4-bedroom rental. The median price of all currently available listings is $1,550, or roughly $12 per square feet.

For the apartment units and housing in October 2023, median rents have risen substantially over the last year. Studio rentals prices have decreased by $2,849 (-99.30%) year-over-year from $2,869 to $20. 1-bedroom rentals prices have increased by $462 (62.95%) year-over-year from $733 to $1,195. 2-bedroom rentals prices have increased by $175 (18.92%) year-over-year from $925 to $1,100. 3-bedroom rentals prices have decreased by $21 (-1.36%) year-over-year from $1,533 to $1,513. 4-bedroom rentals prices have increased by $8 (0.41%) year-over-year from $2,017 to $2,025. 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 47.38% this month. 2-bedroom rents have gone down by 3.65% this month. 3-bedroom rents have gone down by 1.36% this month. 4-bedroom rents have gone down by 9.60% this month.

Beds	Price / Sqft	Oct 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$17	$1,195	$733 (62.95%)	$674 (77.39%)
2 BR	$14	$1,100	$925 (18.92%)	$770 (42.89%)
3 BR	$12	$1,513	$1,533 (-1.36%)	$1,404 (7.72%)
4+ BR	$13	$2,025	$2,017 (0.41%)	$1,983 (2.10%)

Historical Rents in 79424, Lubbock, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 79424

There are a total of 1 cities nearby 79424. The average rent in 79424 is currently $1,373 per month. Only one city nearby has an average rent lower than that. Our records show that Lubbock, TX, with an average rent of $1,373, is the most affordable city nearby. In contrast, the most expensive city near 79424, Lubbock, TX is Lubbock, TX. Monthly rents here are on average $1,373 per month.

Let's compare 79424, Lubbock, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 79424, Lubbock, TX is inf% more affordable than other cities nearby. One bedrooms are about 47.12% more expensive. Two bedrooms in 79424, Lubbock, TX are about 17.02% more expensive. Finally, rent for three bedrooms are about 6.45% more expensive. Want more information? Check out the top 1 cities near 79424, Lubbock, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Lubbock, TX	$598	$620	$975	$1,373

Top Neighborhoods Near 79424

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 79424

The average rent for rentals in these counties is $1,400. That's roughly around $12 per sqft. A total of 1 counties have a lower average rent. 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 79424, Lubbock, TX.

Typically, rent for studios in 79424, Lubbock, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 79424, Lubbock, TX is 46.70% more expensive than other counties nearby. Finally, rent for two bedrooms in 79424, Lubbock, TX is 15.32% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lubbock, TX	$598	$625	$995	$1,400

Top Zipcodes Near 79424

There are a total of 5 zipcodes in or near 79424, Lubbock, TX. The average rent for all of these zipcodes is $1,413. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 79413, Lubbock, TX at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $1,525 per month is 79407, Lubbock, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 79424, Lubbock, TX is $595 per month. Or in other words, $11 per sqft. Meanwhile, two bedroom apartments will cost you an average of $950 per month. Which comes out to $12 per sqft. The following chart includes the top 5 zipcodes in 79424, 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	$595	$950	$1,413
79423, Lubbock, TX	N/A	$999	$1,025	$1,438
79413, Lubbock, TX	N/A	$600	$900	$1,350
79410, Lubbock, TX	N/A	$588	$1,050	$1,350
79407, Lubbock, TX	N/A	N/A	$925	$1,525

Frequently Asked Questions - 79424 Average Rents

What is the average rent price in 79424, Lubbock, TX?

The average monthly rental price for 79424, Lubbock, TX apartments for rent is approximately $1,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 79424, 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 79424, Lubbock, TX.

How much is a studio apartment in 79424, 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 79424.

How much is a one bedroom apartment in 79424, Lubbock, TX?

The average monthly rental price for one bedroom apartments is $1,173 and an average price per square feet of $17.23. There are a total of 2 one bedroom apartment listings currently available for rent in 79424.

How much is a two bedroom apartment in 79424, Lubbock, TX?

The average monthly rental price for two bedroom apartments is $1,175 and an average price per square feet of $13.83. There are a total of 16 two bedroom apartment listings currently available for rent in 79424.

How have rent prices in 79424, Lubbock, TX changed this year?

Rent prices for rentals in 79424, Lubbock, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by 0.63%, two bedroom rental prices have changed by 0.19%, and three bedroom rental prices have changed by -0.01% year-over-year.

What is a reasonable rent price in 79424, Lubbock, TX?

A reasonable rent price in 79424, Lubbock, TX is around $1,240/month. You can search for these reasonably priced rental listings on RentHop.