RentDataNowRentDataNow
ZIP Code · TX

ZIP 79416

Part of Lubbock, TX
Pop. 36,442·Lubbock County·466th most expensive ZIP in Texas
Median rent (all units)
$1,436/mo
Year-over-Year
+3.2%
Month-over-Month
-0.7%
vs US Median
-$529
Falling (Monthly)
Be the first to discuss 79416 rents ↓
Most AffordableMost Expensive
ZIP 79416 · $1,436
More affordable than 78% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$1,090
2 BR
$1,290
3 BR
$1,790
4 BR+
$2,130
Research median
$1,290/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$17,232/yr
At $1,436/mo median
Location
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 (+3.2% YoY, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 79416 (Lubbock, TX) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 37.6% of residents hold a bachelor's degree or higher.

Population
36,442
Median income
$63,896
Median age
29.6
Renters
51.5%
Age distribution
22.7%
35.6%
19.8%
Under 1822.7%
18–3435.6%
35–5419.8%
55–6410.4%
65+11.4%
Gender
45.6%
54.4%
Male45.6%
Female54.4%
Race & ethnicity
60.6%
34.8%
White60.6%
Black10.7%
Hispanic34.8%
Asian3.1%
Education (25+)
25.3%
30.4%
37.6%
No HS diploma6.7%
HS diploma25.3%
Some college30.4%
Bachelor's+37.6%
Housing tenure
48.5%
51.5%
Owner48.5%
Renter51.5%

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

2021 vs 2026

How ZIP 79416 in Lubbock, TX has changed in 5 years

Rent
$1,214 → $1,436
up 18.3%
Income
$61,627 → $63,896
up 3.7%
Population
34,864 → 36,442
up 4.5%
Renter share
50.5% → 51.5%
+1.0 pts
Bachelor's+
41.3% → 37.6%
-3.7 pts
Median age
27.9 → 29.6
+1.7 yrs

Rent in ZIP 79416 in Lubbock, TX has climbed 18.3% since 2021, going from about $1,214 per month to roughly $1,436 today. On the earnings side, the typical household in ZIP 79416 in Lubbock, TX now reports about $63,896, up from $61,627 in 2021. Rent outpaced income growth by roughly 14.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 34,864 to 36,442 between 2021 and 2024, a 4.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 41.3% to 37.6%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 79416 in Lubbock, TX reflects that arc in its own way.

Community

Discussions about ZIP 79416

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 79416

About renting in ZIP 79416

Last updated: July 20, 2026

ZIP code 79416 covers Lubbock, TX. The median rent here is $1,436/mo as of July 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,290/mo.

At 27% of local median household income ($63,896/yr), ZIP 79416 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 79416?

As of July 20, 2026, the median monthly rent in ZIP 79416 (Lubbock, TX) is $1,436. This is based on aggregated data from public sources and community submissions.

How does ZIP 79416 rent compare to the US average?

ZIP 79416's median rent of $1,436/mo is $529 (27%) below the US national median of $1,965/mo.

How does ZIP 79416 compare to other ZIPs in Texas?

ZIP 79416 is among the more affordable ZIP codes in Texas, ranking #466 out of 689 ZIPs at $1,436/mo.

How much income do you need to rent in ZIP 79416?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,436/mo in ZIP 79416. The local median household income is $63,896/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 79416?

Rent in ZIP 79416 has increased 3.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 79416 an affordable place to rent?

ZIP 79416 is considered affordable for renters. At $1,436/mo, rent takes approximately 27% of the local median household income ($63,896/yr). The standard benchmark is 30%. ZIP 79416 falls comfortably within that range.

What percentage of ZIP 79416 residents rent vs. own?

According to Census data, approximately 51.5% of ZIP 79416 households are renters, while 48.5% are owner-occupied. With a majority renter population, ZIP 79416 has a strong rental market.

How does ZIP 79416 compare to the rest of Lubbock?

ZIP 79416 is pricier than Lubbock as a whole. At $1,436/mo, it's $35 above the Lubbock citywide median of $1,401/mo.

When was rent data for ZIP 79416 last updated?

Rent data for ZIP 79416 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,436/mo, rent takes ~27% of ZIP 79416's median household income ($63,896/yr). The standard benchmark is 30%.

ZIP 79416 27%Benchmark 30%
State income taxNone
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 79416 (Lubbock, TX)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.