ZIP 79407
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 79407 is at its highest level since Zillow's records here began in December 2021.
Rent in ZIP 79407 changed +7.5% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.
Rent has risen 7 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($61,509) is $1,538 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,180); a 3-bedroom is $1,630.
12th cheapest of 13 ZIP codes in Lubbock.
ZIP 79414, 9 miles away, rents for 29% less ($1,064/mo), about $5,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 79407. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 79407 in Lubbock, TX has changed in 5 years
The median rent in ZIP 79407 in Lubbock, TX stood at $1,341 in 2022 and currently runs about $1,497, reflecting a 11.6% increase over the period. 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. Taken together, the five-year picture in ZIP 79407 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.
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Tips for renters in ZIP 79407
Last updated: October 17, 2026
ZIP code 79407 covers Lubbock, TX. The median rent here is $1,497/mo as of October 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,180/mo.
At 29% of local median household income ($61,509/yr), ZIP 79407 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.5% over the past year.
Frequently asked questions
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How does ZIP 79407 compare to other ZIPs in Texas?
How does ZIP 79407 compare to the rest of Lubbock?
At $1,497/mo, rent takes ~29% of ZIP 79407's median household income ($61,509/yr). The standard benchmark is 30%.
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