South Lubbock, TX
June 2026
79412,79423,79424
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $849 – $920 | 2.37% | 1.39% |
| 2-Bedroom | $885 – $959 | -3.45% | -5.31% |
| 3-Bedroom | $1,423 – $1,511 | -0.11% | 2.80% |
| 4-Bedroom | $2,148 – $2,258 | 1.43% | 2.29% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $986 – $1,031 | 0.73% | 4.07% |
| 2-Bedroom | $971 – $1,015 | -6.56% | -3.61% |
| 3-Bedroom | $1,487 – $1,611 | 0.56% | 1.34% |
| 4-Bedroom | $2,385 – $2,507 | 0.47% | 2.57% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,034 – $1,087 | 0.60% | -6.70% |
| 2-Bedroom | $1,162 – $1,234 | 2.91% | 0.60% |
| 3-Bedroom | $1,509 – $1,667 | 0.63% | 2.56% |
| 4-Bedroom | $1,950 – $2,112 | -5.05% | -0.76% |
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.