FairRentWize

Lubbock Fair Market Rent 2026

HUD Fair Market Rent data for the Lubbock metropolitan area. Median household income: $49,610/year. Vacancy rate: 6.4%.

2BR FMR

$727/mo

Median Income

$49,610

Vacancy Rate

6.4%

Rent Burden

17.6%

Fair Market Rent by Bedroom Size

Studio$467/mo
1 Bedroom$585/mo
2 Bedroom$727/mo
3 Bedroom$896/mo
4 Bedroom$1,003/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $49,610/year can afford up to $1,240/mo in rent.

The 2BR FMR of $727/mo represents 17.6% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 6.4% in Lubbock indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Lubbock?

The 2026 HUD FMR for a 2-bedroom in the Lubbock metro area is $727/month. 1BR: $585, 3BR: $896.

What is the vacancy rate in Lubbock?

The rental vacancy rate in Lubbock is 6.4%. A rate below 5% typically indicates a tight rental market.

Is Lubbock affordable for renters?

With a median income of $49,610 and 2BR rent at $727/mo, rent takes about 18% of income in Lubbock.

Compare with Other Metro Areas

Renting in Lubbock?

Search apartment listings in the Lubbock area

Compare renters insurance quotes

Get moving company estimates

Explore rent-to-own programs

Find housing assistance programs

Check salary data for this area