| Lubbock, TX | |
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| State | Texas |
| Population | 253,851 |
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In comparison to nearby areas, Lubbock is somewhat less expensive, and it is a lot less expensive compared to the nation as a whole.
The median home in Lubbock costs $140,800. Compared to nearby areas it is about $12,267 (8%) lower.It is approximately $76,700 (35%) lower compared to the rest of the nation.
The median rent in Lubbock is $955 a month. It is roughly $140 (12%) lower in comparison to its nearby areas.Compared to the rest of the country it is approximately $107 (10%) lower.
Wolfforth is Lubbock's neighbor to the southwest. Housing prices there are a bit more expensive. The median home in Wolfforth is valued at $184,200, which works out to $43,400 (23%) higher than Lubbock. The rent there is a little more expensive. The median rent in Wolfforth is $1,104 a month, which works out to $149 (13%) higher than Lubbock.
New Deal is Lubbock's neighbor to the north. Real estate prices there are a lot less expensive. New Deal's median home value is $75,200, which comes out to $65,600 (87%) lower than Lubbock. Rent there is a little less expensive. In New Deal the median rent is $725 per month, which is $230 (31%) lower than Lubbock.
Buffalo Springs is about 9 miles east of Lubbock. Real estate prices there are fairly similar. The median home value in Buffalo Springs is $148,100, which works out to $7,300 (4%) higher than Lubbock. Rent there is substantially more expensive. In Buffalo Springs the median rent is $2,115 per month, which is $1,160 (54%) higher than Lubbock.
Shallowater is approximately 10 miles northwest of Lubbock. Its real estate prices are a bit more expensive. The median home in Shallowater is valued at $148,900, which is $8,100 (5%) higher than Lubbock. The rent there is pretty similar. In Shallowater the median rent is $922 a month, which works out to $33 (3%) lower than Lubbock.
Ransom Canyon is roughly 10 miles east from Lubbock. Housing prices there are significantly more expensive. The median home in Ransom Canyon costs $252,700, which works out to $111,900 (44%) higher than Lubbock. Rents there are a bit more expensive. In Ransom Canyon the median monthly rent is $1,222, which is $267 (21%) higher than Lubbock.
Idalou is about 12 miles northeast of Lubbock. Real estate prices there are somewhat less expensive. The median home in Idalou costs $109,300, which is $31,500 (28%) lower than Lubbock. Rents there are a lot less expensive. The median rent in Idalou is $480 per month, which comes out to $475 (98%) lower than Lubbock.