Logo Lubbock Fair Market Rent FY 2021 Lubbock, TX HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Lubbock, TX :
$637 $733 $896 $1,282 $1,551
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Lubbock are high compared to the national average. This FMR area is more expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lubbock is $896 per month.

The previous year, rent for a two-bedroom home was $858 per month. This is a 4.43% increase year-over-year.

This FMR rate applies to New Deal, TX, Wilson, TX, Ransom Canyon, TX, Lorenzo, TX, Spur, TX, Crosbyton, TX, Ralls, TX, Tahoka, TX, Idalou, TX, Floydada, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO31180M31180.

Additionally, This Fair Market Rent (FMR) area Lubbock, TX HUD Metro FMR Area spans two counties or cities in Texas which ares listed in the table below. Estimated population of Lubbock, TX HUD Metro FMR Area FMR area is 0 people based on 2000 Census data.

Compared to the rest of Texas, the Lubbock FMR area is more expensive than 87% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Lubbock. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lubbock

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 677
1-BR 1-Bedroom $ 779
2-BR 2-Bedroom $ 952
3-BR 3-Bedroom $ 1362
4-BR 4-Bedroom $ 1648
Change Year:

The counties, cities, towns, and regions listed below fall into the Lubbock, TX HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Lubbock.

County / Region Est. Population
Crosby County, TX Metro 0
Lubbock County, TX Metro 0
Zip Codes in Lubbock, TX HUD Metro FMR Area

There are 35 unique zip codes in this Fair Market Rent (FMR) area:

79235, 79322, 79329, 79343, 79350, 79357, 79364, 79366, 79370, 79373, 79381, 79382, 79401, 79403, 79404, 79406, 79408, 79409, 79410, 79411, 79412, 79413, 79414, 79415, 79416, 79423, 79424, 79430, 79452, 79453, 79464, 79490, 79491, 79493 and 79499

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