ZIP Code · TX

ZIP 79401

Part of Lubbock, TX

Pop. 8,741·Lubbock County·693rd most expensive ZIP in Texas

Median rent (all units)

$805/mo

Year-over-Year

+8.2%

Month-over-Month

+1.5%

vs US Median

-$1,127

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 79401 · $805

More affordable than 100% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$770

1 BR

$930

2 BR

$1,110

3 BR

$1,540

4 BR+

$1,830

Research median

$1,110/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 79401 is at its highest level since Zillow's records here began in January 2023.

Past year vs. the rest of Texas

Rent in ZIP 79401 changed +8.2% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($26,980) is $675 a month. That is less than HUD's Fair Market Rent for a studio ($770).

Rank in Lubbock

1st cheapest of 13 ZIP codes in Lubbock.

From Zillow's monthly rent index (ZORI) for ZIP 79401. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$9,660/yr

At $805/mo median

Location

CityLubbock

StateTX

CountyLubbock County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.2% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.2% YoY, +1.5% MoM), not inventory.

Demographics

Who lives here

ZIP 79401 (Lubbock, TX) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 24.8% of residents hold a bachelor's degree or higher.

Population

8,741

Median income

$26,980

Median age

23.4

Renters

91.1%

Age distribution

65%

19.7%

Under 185.6%

18–3465%

35–5419.7%

55–645.8%

65+3.9%

Gender

58.9%

41.1%

Male58.9%

Female41.1%

Race & ethnicity

58.3%

38.7%

White58.3%

Black7.7%

Hispanic38.7%

Asian5.7%

Education (25+)

16.1%

34.2%

24.9%

24.8%

No HS diploma16.1%

HS diploma34.2%

Some college24.9%

Bachelor's+24.8%

Housing tenure

91.1%

Owner8.9%

Renter91.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 79401 in Lubbock, TX has changed in 5 years

Rent

$662 → $805

up 21.6%

Income

$18,585 → $26,980

up 45.2%

Population

9,045 → 8,741

down 3.4%

Renter share

90% → 91.1%

+1.1 pts

Bachelor's+

22.5% → 24.8%

+2.3 pts

The median rent in ZIP 79401 in Lubbock, TX stood at $662 in 2023 and currently runs about $805, reflecting a 21.6% increase over the period. Median household income rose from $18,585 to $26,980 between 2021 and 2024, a 45.2% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 3.4% since 2021, moving from about 9,045 residents to roughly 8,741. College-educated residents now make up 24.8% of adults here, versus 22.5% in 2021. Taken together, the five-year picture in ZIP 79401 in Lubbock, TX reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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Local insights

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About renting in ZIP 79401

Last updated: October 17, 2026

ZIP code 79401 covers Lubbock, TX. The median rent here is $805/mo as of October 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,110/mo.

At 36% of local median household income ($26,980/yr), ZIP 79401 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 79401?

To keep rent at or below 30% of gross income, you would need to earn at least $32,000/year (about $15/hour full-time) to afford the median rent of $805/mo in ZIP 79401. The local median household income is $26,980/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 79401?

Rent in ZIP 79401 has risen 8.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2023.

How does ZIP 79401 compare to other ZIPs in Texas?

ZIP 79401 is one of the more affordable among Texas ZIP codes for rent, ranking #693 of 693 at $805/mo. Over the year to September 2026, rent in ZIP 79401 changed +8.2%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.