South Lubbock, TX
August 2026
79412,79423,79424
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $874 – $941 | 3.95% | 5.05% |
| 2-Bedroom | $863 – $935 | -0.63% | -6.41% |
| 3-Bedroom | $1,399 – $1,486 | 1.04% | -0.75% |
| 4-Bedroom | $2,110 – $2,218 | -2.56% | -1.06% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $991 – $1,036 | 6.72% | 5.62% |
| 2-Bedroom | $1,013 – $1,059 | -2.82% | -4.33% |
| 3-Bedroom | $1,485 – $1,561 | -0.36% | -2.05% |
| 4-Bedroom | $2,370 – $2,491 | -0.77% | 2.19% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,142 – $1,194 | -0.72% | 3.43% |
| 2-Bedroom | $1,164 – $1,253 | 2.67% | 3.23% |
| 3-Bedroom | $1,511 – $1,670 | 1.83% | 3.31% |
| 4-Bedroom | $1,909 – $2,098 | -3.00% | -3.03% |
In the South Lubbock (79412, 79423, 79424) rental market, 3BR apartments saw a sharp increase, with median rent rising 9.86% month-over-month to $1,486. This segment also posted a 4.64% year-over-year gain, marking the strongest short-term growth among all tracked property types and bedroom counts.
Single-family 4BR units in South Lubbock (79412, 79423, 79424) reached a median rent of $2,094, reflecting a 5.78% year-over-year increase. The monthly change was also positive at 3.80%, outpacing the YoY growth rates in the apartment and condo/townhome 4BR segments by at least 2.6 percentage points.
While 1BR apartments in South Lubbock (79412, 79423, 79424) posted a median rent of $864, 1BR condos/townhomes commanded $1,001, with both rising slightly month-over-month. This comparison shows that condos/townhomes outperform apartments in the 1BR segment by $137. South Lubbock (79412, 79423, 79424) rental trends highlight higher premiums for low-bedroom condo units.