Average Rent in South Overton, Lubbock, TX

Current Versus Historical South Overton, Lubbock, TX Rents

South Overton rentals average $663 for a 1-bedroom rental to $2,250 for a 4-bedroom rental. The median price of all currently available listings is $825, 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 $113 (20.45%) year-over-year from $550 to $663. 1-bedroom rentals prices have increased by $6 (0.86%) year-over-year from $679 to $685. 2-bedroom rentals prices have decreased by $3 (-0.27%) year-over-year from $940 to $938. 3-bedroom rentals prices have increased by $248 (18.82%) year-over-year from $1,315 to $1,563. 4-bedroom rentals prices have decreased by $433 (-17.80%) year-over-year from $2,433 to $2,000. 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 up by 4.61% this month. 1-bedroom rents have gone up by 1.86% this month. 2-bedroom rents have gone up by 2.27% this month. 3-bedroom rents have gone up by 7.47% this month. 4-bedroom rents have gone down by 9.43% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.14	$685	$679 (0.86%)	$567 (20.88%)
2 BR	$1.04	$938	$940 (-0.27%)	$782 (19.94%)
3 BR	$1.05	$1,563	$1,315 (18.82%)	$1,282 (21.91%)
4+ BR	$1.01	$2,000	$2,433 (-17.80%)	$2,041 (-2.02%)

Historical Rents in South Overton, Lubbock, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near South Overton

There are a total of 1 cities nearby South Overton. The average rent in South Overton 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 South Overton, Lubbock, TX is Lubbock, TX. Monthly rents here are on average $1,395 per month.

Let's compare South Overton, Lubbock, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in South Overton, Lubbock, TX is inf% more affordable than other cities nearby. One bedrooms are about 1.89% more expensive. Two bedrooms in South Overton, Lubbock, TX are about 3.08% more expensive. Finally, rent for three bedrooms are about 9.15% more expensive. Want more information? Check out the top 1 cities near South Overton, Lubbock, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Lubbock, TX	$555	$650	$945	$1,395

Top Neighborhoods Near South Overton

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

The average rent for these 2 neighborhoods in or near South Overton, Lubbock, TX is currently around $1,311 per month. Meaning, only two neighborhoods have a higher average rent than $1,311. Interestingly, the neighborhoods' average rent is higher than South Overton's average rent, which is only $825. Out of all the neighborhoods in or near South Overton, 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 South Overton. 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 South Overton

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

Typically, rent for studios in South Overton, Lubbock, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in South Overton, Lubbock, TX is 1.89% more expensive than other counties nearby. Finally, rent for two bedrooms in South Overton, Lubbock, TX is 0.77% 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 South Overton

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

The following chart includes the top 6 zipcodes in South Overton, Lubbock, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
79411, Lubbock, TX	N/A	$600	$968	$1,150
79410, Lubbock, TX	N/A	$650	$1,200	$1,375
79416, Lubbock, TX	N/A	N/A	$1,200	$1,500
79423, Lubbock, TX	N/A	N/A	$1,125	$1,450
79424, Lubbock, TX	N/A	$728	$1,350	$1,600
79407, Lubbock, TX	N/A	$625	$1,125	$1,450

Frequently Asked Questions - South Overton Average Rents

What is the average rent price in South Overton, Lubbock, TX?

The average monthly rental price for South Overton, Lubbock, TX apartments for rent is approximately $825. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do South Overton, 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 South Overton, Lubbock, TX.

How much is a studio apartment in South Overton, 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 South Overton.

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

The average monthly rental price for one bedroom apartments is $663 and an average price per square feet of $1.14. There are a total of 12 one bedroom apartment listings currently available for rent in South Overton.

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

The average monthly rental price for two bedroom apartments is $975 and an average price per square feet of $1.04. There are a total of 10 two bedroom apartment listings currently available for rent in South Overton.

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

Rent prices for rentals in South Overton, Lubbock, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.20%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.19% year-over-year.

What is a reasonable rent price in South Overton, Lubbock, TX?

A reasonable rent price in South Overton, Lubbock, TX is around $660/month. You can search for these reasonably priced rental listings on RentHop.