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ZIP Code · TX

ZIP 79407

Part of Lubbock, TX
Pop. 24,000·Lubbock County·401st most expensive ZIP in Texas
Median rent (all units)
$1,524/mo
Year-over-Year
+0.5%
Month-over-Month
+0.7%
vs US Median
-$441
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 79407 · $1,524
More affordable than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$830
1 BR
$990
2 BR
$1,180
3 BR
$1,630
4 BR+
$1,940
Research median
$1,180/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: July 20, 2026

Annual cost
$18,288/yr
At $1,524/mo median
Location
StateTX
CountyLubbock County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.5% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 79407 (Lubbock, TX) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 38% of residents hold a bachelor's degree or higher.

Population
24,000
Median income
$61,509
Median age
29.5
Renters
52.8%
Age distribution
17.6%
42.2%
17.5%
15%
Under 1817.6%
18–3442.2%
35–5417.5%
55–647.7%
65+15%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
68.8%
30.4%
White68.8%
Black4.3%
Hispanic30.4%
Asian2.4%
Education (25+)
22.6%
30.1%
38%
No HS diploma9.2%
HS diploma22.6%
Some college30.1%
Bachelor's+38%
Housing tenure
47.2%
52.8%
Owner47.2%
Renter52.8%

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

2021 vs 2026

How ZIP 79407 in Lubbock, TX has changed in 5 years

Income
$53,963 → $61,509
up 14.0%
Population
21,211 → 24,000
up 13.1%
Renter share
55% → 52.8%
-2.2 pts
Bachelor's+
34.1% → 38%
+3.9 pts
Median age
30.3 → 29.5
-0.8 yrs

Median household income rose from $53,963 to $61,509 between 2021 and 2024, a 14.0% shift. The population has grown by 13.1% since 2021, moving from about 21,211 residents to roughly 24,000. Renters now make up 52.8% of households, compared with 55% five years ago. College-educated residents now make up 38% of adults here, versus 34.1% in 2021.

Community

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Local insights

Tips for renters in ZIP 79407

About renting in ZIP 79407

Last updated: July 20, 2026

ZIP code 79407 covers Lubbock, TX. The median rent here is $1,524/mo as of July 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,180/mo.

At 30% of local median household income ($61,509/yr), ZIP 79407 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 79407?

As of July 20, 2026, the median monthly rent in ZIP 79407 (Lubbock, TX) is $1,524. This is based on aggregated data from public sources and community submissions.

How does ZIP 79407 rent compare to the US average?

ZIP 79407's median rent of $1,524/mo is $441 (22%) below the US national median of $1,965/mo.

How does ZIP 79407 compare to other ZIPs in Texas?

ZIP 79407 falls in the middle range for Texas, ranking #401 out of 689 ZIPs at $1,524/mo.

How much income do you need to rent in ZIP 79407?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,524/mo in ZIP 79407. The local median household income is $61,509/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 79407?

Rent in ZIP 79407 has been relatively stable over the past year, with a 0.5% change year over year as of July 20, 2026.

Is ZIP 79407 an affordable place to rent?

ZIP 79407 is considered moderate for renters. At $1,524/mo, rent takes approximately 30% of the local median household income ($61,509/yr). The standard benchmark is 30%. ZIP 79407 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 79407 residents rent vs. own?

According to Census data, approximately 52.8% of ZIP 79407 households are renters, while 47.2% are owner-occupied. With a majority renter population, ZIP 79407 has a strong rental market.

How does ZIP 79407 compare to the rest of Lubbock?

ZIP 79407 is pricier than Lubbock as a whole. At $1,524/mo, it's $123 above the Lubbock citywide median of $1,401/mo.

When was rent data for ZIP 79407 last updated?

Rent data for ZIP 79407 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,524/mo, rent takes ~30% of ZIP 79407's median household income ($61,509/yr). The standard benchmark is 30%.

ZIP 79407 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 79407 (Lubbock, TX)

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