Average Rent in North by Northwest, Lubbock, TX

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Current Versus Historical North by Northwest, Lubbock, TX Rents

North by Northwest rentals average $625 for a 1-bedroom rental to $1,500 for a 4-bedroom rental. The median price of all currently available listings is $1,475, or roughly $12 per square feet.
For the apartment units and housing in May 2023, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $855 to $855. 1-bedroom rentals prices have decreased by $200 (-26.64%) year-over-year from $750 to $550. 2-bedroom rentals prices have increased by $146 (10.77%) year-over-year from $1,354 to $1,500. 3-bedroom rentals prices have increased by $79 (5.94%) year-over-year from $1,333 to $1,413. 4-bedroom rentals prices have increased by $75 (4.55%) year-over-year from $1,650 to $1,725. 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 1.17% this month. 2-bedroom rents have gone up by 8.43% this month. 3-bedroom rents have gone up by 2.12% this month. 4-bedroom rents have gone up by 1.04% this month.
Beds
Price / Sqft
May 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $11 $550 $750 (-26.64%) $752 (-26.89%)
2 BR $12 $1,500 $1,354 (10.77%) $871 (72.22%)
3 BR $12 $1,413 $1,333 (5.94%) $1,133 (24.63%)
4+ BR $13 $1,725 $1,650 (4.55%) $1,625 (6.15%)

Historical Rents in North by Northwest, Lubbock, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near North by Northwest

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

Let's compare North by Northwest, Lubbock, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in North by Northwest, Lubbock, TX is inf% more affordable than other cities nearby. One bedrooms are about 44.80% more expensive. Two bedrooms in North by Northwest, Lubbock, TX are about 22.67% more expensive. Finally, rent for three bedrooms are about 5.64% more affordable. Want more information? Check out the top 2 cities near North by Northwest, 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 North by Northwest

There are a total of 5 neighborhoods in or near North by Northwest. Some of these neighborhoods include South Overton, Wheelock and Monterey, and Heart of Lubbock. We've included all of these top 5 neighborhoods in or near North by Northwest, Lubbock, TX in the following chart.

The average rent for these 5 neighborhoods in or near North by Northwest, Lubbock, TX is currently around $1,200 per month. A total of 5 neighborhoods have a lower average rent. Out of all the neighborhoods in or near North by Northwest, South Overton has the most affordable average rent at $850 per month. Whereas, at $1,400 average rent per month, Tech Terrace- U.N.I.T. is the most expensive neighborhood in or near North by Northwest. 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

Top Counties Near North by Northwest

There are a total of 5 counties located by North by Northwest, Lubbock, TX. The average rent for rentals in these counties is $1,395. 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 $1,395. Vice versa, with an average rent of $1,395, Lubbock, TX is the most expensive county by North by Northwest, Lubbock, TX.

Typically, rent for studios in North by Northwest, Lubbock, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in North by Northwest, Lubbock, TX is 10.40% more affordable than other counties nearby. Finally, rent for two bedrooms in North by Northwest, Lubbock, TX is 35.00% 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 $695 $690 $975 $1,395

Top Zipcodes Near North by Northwest

There are a total of 11 zipcodes in or near North by Northwest, Lubbock, TX. The average rent for all of these zipcodes is $1,300. A total of 7 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 $550. That's at least $13 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near North by Northwest, Lubbock, TX is $695 per month. Or in other words, $13 per sqft. Meanwhile, two bedroom apartments will cost you an average of $925 per month. Which comes out to $12 per sqft. The following chart includes the top 10 zipcodes in North by Northwest, 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
79410, Lubbock, TX $550 $695 $1,100 $1,300
79414, Lubbock, TX N/A $695 $850 $1,163
79413, Lubbock, TX $2,350 $550 $995 $1,250
79401, Lubbock, TX $14 $695 $925 $895
79411, Lubbock, TX $1,100 $650 $900 $985
79412, Lubbock, TX $1,248 $675 $895 $900
79407, Lubbock, TX N/A $700 $900 $1,500
79424, Lubbock, TX $800 $738 $1,050 $1,595
79423, Lubbock, TX $204 $840 $1,300 $1,500

Frequently Asked Questions - North by Northwest Average Rents

What is the average rent price in North by Northwest, Lubbock, TX?
The average monthly rental price for North by Northwest, Lubbock, TX apartments for rent is approximately $1,475. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do North by Northwest, 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 North by Northwest, Lubbock, TX.
How much is a studio apartment in North by Northwest, 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 North by Northwest.
How much is a one bedroom apartment in North by Northwest, Lubbock, TX?
The average monthly rental price for one bedroom apartments is $625 and an average price per square feet of $10.95. There are a total of 2 one bedroom apartment listings currently available for rent in North by Northwest.
How much is a two bedroom apartment in North by Northwest, Lubbock, TX?
The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $12.00. There are a total of 7 two bedroom apartment listings currently available for rent in North by Northwest.
How have rent prices in North by Northwest, Lubbock, TX changed this year?
Rent prices for rentals in North by Northwest, Lubbock, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.27%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in North by Northwest, Lubbock, TX?
A reasonable rent price in North by Northwest, Lubbock, TX is around $1,180/month. You can search for these reasonably priced rental listings on RentHop.
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