Rental numbers for Lubbock County, TX
The typical home here runs -$729 a month at 7.78% with 25% down. 1 of 16 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.2%.
- Gross yield
- 7.5%
- typical home, Zillow
- Median ZIP yield
- 8.2%
- 16 ZIPs with full data
- Cash flow
- -$729/mo
- at 7.78%, 25% down
- Typical price
- $216,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,341/mo
- Zillow ZORI, Aug 2026
ZIP codes in Lubbock County
19 with published figures
| 79404Lubbock | $100,000 | $1,214 | 14.6% | 7.3% | +$70 | n/a |
| 79403Lubbock | $105,000 | $1,079 | 12.3% | 5.5% | -$85 | n/a |
| 79411Lubbock | $101,000 | $1,029 | 12.3% | 4.8% | -$140 | +1.5% |
| 79415Lubbock | $102,000 | $925 | 10.9% | 4.0% | -$209 | n/a |
| 79412Lubbock | $119,000 | $982 | 9.9% | 3.5% | -$295 | +2.6% |
| 79416Lubbock | $206,000 | $1,450 | 8.5% | 3.1% | -$571 | +1.0% |
| 79414Lubbock | $155,000 | $1,087 | 8.4% | 2.8% | -$468 | -1.0% |
| 79413Lubbock | $193,000 | $1,344 | 8.3% | 3.0% | -$556 | +2.6% |
| 79407Lubbock | $227,000 | $1,530 | 8.1% | 3.1% | -$632 | +4.2% |
| 79350New Deal | $162,000 | $1,080* | 8.0% | 2.1% | -$583 | n/a |
| 79364Slaton | $145,000 | $963 | 8.0% | 2.0% | -$539 | n/a |
| 79410Lubbock | $186,000 | $1,190 | 7.7% | 2.3% | -$642 | +4.2% |
| 79401Lubbock | $153,000 | $947 | 7.4% | 1.8% | -$598 | +3.8% |
| 79423Lubbock | $237,000 | $1,445 | 7.3% | 2.3% | -$818 | +1.4% |
| 79382Wolfforth | $274,000 | $1,552 | 6.8% | 2.2% | -$977 | n/a |
| 79329Idalou | $260,000 | $1,349 | 6.2% | 1.8% | -$1,009 | n/a |
| 79424Lubbock | $305,000 | $1,582 | 6.2% | 1.6% | -$1,231 | +1.6% |
| 79363Shallowater | $309,000 | $1,160* | 4.5% | 0.2% | -$1,618 | n/a |
| 79366Ransom Canyon | $387,000 | $1,310* | 4.1% | 0.1% | -$2,072 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.4%
- Rent, 12 months
- +1.4%
- Rent minus price growth
- -1.0 pts
- Property tax
- 1.51%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $189,352 | $1,190 |
| Aug 2022 | $216,142 | $1,262 |
| Aug 2023 | $218,020 | $1,289 |
| Aug 2024 | $215,558 | $1,306 |
| Aug 2025 | $210,699 | $1,322 |
| Aug 2026 | $215,726 | $1,341 |
HUD Fair Market Rent
FY2027, Lubbock, TX HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $893 | $1,050 | $1,241 | $1,718 | $2,053 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 20.0
- 2,519 units, last 12 months
- National percentile
- 90th
- among US counties
Tools
Test a listing in Lubbock County against today's rate.
Open the calculatorPart of the Lubbock, TX metro.
Questions
- Is Lubbock County good for rental property?
- The typical home here runs -$729 a month at 7.78% with 25% down. 1 of 16 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Lubbock County?
- About 1.51% of value, from Census ACS median taxes paid over median home value. On a $216,000 home that is about $3,266 a year.
- What is Fair Market Rent in Lubbock County?
- HUD's FY2027 Fair Market Rent here is $1,050 for a 1-bedroom, $1,241 for a 2-bedroom and $1,718 for a 3-bedroom. Typical cash flow at today's rate is -$729 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.