ZIP Code · TX

ZIP 79403

Part of Lubbock, TX

Pop. 16,089·Lubbock County·661st most expensive ZIP in Texas

Median rent (all units)

$1,079/mo

Year-over-Year

+0.6%

Month-over-Month

+0.2%

vs US Median

-$869

Reported rents

Stable (Monthly)

Be the first to discuss 79403 rents ↓

Most AffordableMost Expensive

ZIP 79403 · $1,079

More affordable than 96% of US ZIP codes · National median $1,948/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$750

1 BR

$910

2 BR

$1,080

3 BR

$1,500

4 BR+

$1,760

Research median

$1,080/mo

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

Rent trends

12-month history

Loading…

Last updated: September 25, 2026

From the history

What the numbers show

Past year vs. the rest of Texas

Rent in ZIP 79403 changed +0.6% over the year to August 2026. Across the 625 Texas ZIP codes Zillow tracks, the typical change was +1.0%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($47,907) is $1,198 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,080); a 3-bedroom is $1,500.

Rank in Lubbock

5th cheapest of 13 ZIP codes in Lubbock.

Cheaper nearby

ZIP 79401, 6 miles away, rents for 12% less ($947/mo), about $1,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 79403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$12,948/yr

At $1,079/mo median

Location

CityLubbock

StateTX

CountyLubbock County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.6% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 79403 (Lubbock, TX) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 12.1% of residents hold a bachelor's degree or higher.

Population

16,089

Median income

$47,907

Median age

38.4

Renters

39.7%

Age distribution

26%

19.6%

22.5%

12.8%

19.1%

Under 1826%

18–3419.6%

35–5422.5%

55–6412.8%

65+19.1%

Gender

51.2%

48.8%

Male51.2%

Female48.8%

Race & ethnicity

40.9%

22.7%

47%

White40.9%

Black22.7%

Hispanic47%

Asian0.6%

Education (25+)

21.7%

39.3%

26.9%

12.1%

No HS diploma21.7%

HS diploma39.3%

Some college26.9%

Bachelor's+12.1%

Housing tenure

60.3%

39.7%

Owner60.3%

Renter39.7%

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

2021 vs 2026

How ZIP 79403 in Lubbock, TX has changed in 5 years

Income

$39,333 → $47,907

up 21.8%

Population

16,001 → 16,089

up 0.5%

Renter share

42.1% → 39.7%

-2.4 pts

Bachelor's+

9% → 12.1%

+3.1 pts

Median age

35.2 → 38.4

+3.2 yrs

Local incomes tracked alongside that move, going from a median of $39,333 in 2021 to $47,907 more recently. Renters now make up 39.7% of households, compared with 42.1% five years ago. College-educated residents now make up 12.1% of adults here, versus 9% in 2021.

Community

Discussions about ZIP 79403

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 79403

About renting in ZIP 79403

Last updated: September 25, 2026

ZIP code 79403 covers Lubbock, TX. The median rent here is $1,079/mo as of September 2026. A 1-bedroom rents for a median of $910/mo. A 2-bedroom rents for a median of $1,080/mo.

At 27% of local median household income ($47,907/yr), ZIP 79403 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 79403?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (about $21/hour full-time) to afford the median rent of $1,079/mo in ZIP 79403. The local median household income is $47,907/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 79403?

Rent in ZIP 79403 has risen 0.6% over the past year.

How does ZIP 79403 compare to other ZIPs in Texas?

ZIP 79403 is one of the more affordable among Texas ZIP codes for rent, ranking #661 of 687 at $1,079/mo. Over the year to August 2026, rent in ZIP 79403 changed +0.6%, against a typical +1.0% across the 625 Texas ZIP codes Zillow tracks.