Average Rent in Wheelock and Monterey, Lubbock, TX

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Current Versus Historical Wheelock and Monterey, Lubbock, TX Rents

Wheelock and Monterey rentals average $950 for a 2-bedroom rental to $1,800 for a 4-bedroom rental. The median price of all currently available listings is $1,250, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $400 (-44.44%) year-over-year from $900 to $500. 1-bedroom rentals prices have increased by $33 (5.74%) year-over-year from $567 to $599. 2-bedroom rentals prices have increased by $27 (2.89%) year-over-year from $923 to $950. 3-bedroom rentals prices have decreased by $82 (-6.24%) year-over-year from $1,320 to $1,238. 4-bedroom rentals prices have increased by $125 (7.46%) year-over-year from $1,675 to $1,800. 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 0.00% this month. 2-bedroom rents have gone down by 1.64% this month. 3-bedroom rents have gone down by 6.01% this month. 4-bedroom rents have gone down by 16.92% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$1.03	$950	$923 (2.89%)	$882 (7.75%)
3 BR	$1.00	$1,238	$1,320 (-6.24%)	$1,294 (-4.38%)
4+ BR	$1.06	$1,800	$1,675 (7.46%)	$1,700 (5.88%)

Historical Rents in Wheelock and Monterey, Lubbock, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Wheelock and Monterey

There are a total of 1 cities nearby Wheelock and Monterey. The average rent in Wheelock and Monterey is currently $1,400 per month. Our records show that Lubbock, TX, with an average rent of $1,400, is the most affordable city nearby. In contrast, the most expensive city near Wheelock and Monterey, Lubbock, TX is Lubbock, TX. Monthly rents here are on average $1,400 per month.

Let's compare Wheelock and Monterey, Lubbock, TX's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Wheelock and Monterey, Lubbock, TX are on par with the other cities nearby. Finally, rent for three bedrooms are about 22.45% more affordable. Want more information? Check out the top 1 cities near Wheelock and Monterey, Lubbock, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Lubbock, TX	N/A	$650	$950	$1,400

Top Neighborhoods Near Wheelock and Monterey

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

The average rent for these 2 neighborhoods in or near Wheelock and Monterey, Lubbock, TX is currently around $1,348 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 Wheelock and Monterey's average rent, which is only $1,250. Out of all the neighborhoods in or near Wheelock and Monterey, Heart of Lubbock has the most affordable average rent at $1,145 per month. Whereas, at $1,550 average rent per month, Tech Terrace- U.N.I.T. is the most expensive neighborhood in or near Wheelock and Monterey. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Heart of Lubbock, Lubbock, TX	N/A	$650	$1,000	$1,145
Tech Terrace- U.N.I.T., Lubbock, TX	N/A	$650	$1,250	$1,550

Top Counties Near Wheelock and Monterey

There are a total of 2 counties located by Wheelock and Monterey, 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 Wheelock and Monterey, Lubbock, TX.

In comparison, rent for one bedroom listings in Wheelock and Monterey, Lubbock, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Wheelock and Monterey, Lubbock, TX is 4.74% 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	N/A	$650	$995	$1,400

Top Zipcodes Near Wheelock and Monterey

There are a total of 6 zipcodes in or near Wheelock and Monterey, Lubbock, TX. The average rent for all of these zipcodes is $1,496.

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

Zipcode	Studio	1 Bed	2 Bed	All
79410, Lubbock, TX	N/A	$650	$1,200	$1,500
79411, Lubbock, TX	N/A	$650	$998	$1,175
79416, Lubbock, TX	N/A	N/A	$1,200	$1,550
79423, Lubbock, TX	N/A	N/A	$1,175	$1,493
79424, Lubbock, TX	N/A	N/A	$1,350	$1,600
79407, Lubbock, TX	N/A	N/A	$1,150	$1,450

Frequently Asked Questions - Wheelock and Monterey Average Rents

What is the average rent price in Wheelock and Monterey, Lubbock, TX?

The average monthly rental price for Wheelock and Monterey, Lubbock, TX apartments for rent is approximately $1,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Wheelock and Monterey, 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 Wheelock and Monterey, Lubbock, TX.

How much is a studio apartment in Wheelock and Monterey, 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 Wheelock and Monterey.

How much is a one bedroom apartment in Wheelock and Monterey, Lubbock, TX?

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

How much is a two bedroom apartment in Wheelock and Monterey, Lubbock, TX?

The average monthly rental price for two bedroom apartments is $950 and an average price per square feet of $1.03. There are a total of 2 two bedroom apartment listings currently available for rent in Wheelock and Monterey.

How have rent prices in Wheelock and Monterey, Lubbock, TX changed this year?

Rent prices for rentals in Wheelock and Monterey, Lubbock, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.44%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.06% year-over-year.

What is a reasonable rent price in Wheelock and Monterey, Lubbock, TX?

A reasonable rent price in Wheelock and Monterey, Lubbock, TX is around $1,000/month. You can search for these reasonably priced rental listings on RentHop.