ZIP Code · TX

ZIP 79424

Part of Lubbock, TX
Pop. 53,478·Lubbock County·330th most expensive ZIP in Texas
Median rent (all units)
$1,596/mo
Year-over-Year
+2.3%
Month-over-Month
+0.5%
vs US Median
-$336
Reported rents
Stable (Monthly)
Be the first to discuss 79424 rents ↓
Most AffordableMost Expensive
ZIP 79424 · $1,596
More affordable than 66% of US ZIP codes · National median $1,932/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$990
2 BR
$1,170
3 BR
$1,630
4 BR+
$1,930
Research median
$1,170/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

Cheapest month to sign

December. Asking rents in ZIP 79424 usually run 0.9% below trend in December and 1% above it in July, about $30 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 79424 is at its highest level since Zillow's records here began in January 2017.

Past year vs. the rest of Texas

Rent in ZIP 79424 changed +2.3% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 79424 rose 16.6% while median household income rose 15.1% ($84,450 to $97,231). Rent outpaced income.

Since before the pandemic

Rent in ZIP 79424 is 20.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($97,231) is $2,431 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,930).

Rank in Lubbock

13th cheapest of 13 ZIP codes in Lubbock.

Cheaper nearby

ZIP 79423, 6 miles away, rents for 16% less ($1,348/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 79424. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,152/yr
At $1,596/mo median
Location
StateTX
CountyLubbock County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.3% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 79424 (Lubbock, TX) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 46.4% of residents hold a bachelor's degree or higher.

Population
53,478
Median income
$97,231
Median age
39.4
Renters
31%
Age distribution
25.1%
18.8%
27.4%
17.3%
Under 1825.1%
18–3418.8%
35–5427.4%
55–6411.4%
65+17.3%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
73.6%
22.5%
White73.6%
Black2.8%
Hispanic22.5%
Asian3.5%
Education (25+)
17.6%
30.2%
46.4%
No HS diploma5.9%
HS diploma17.6%
Some college30.2%
Bachelor's+46.4%
Housing tenure
69%
31%
Owner69%
Renter31%

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

2021 vs 2026

How ZIP 79424 in Lubbock, TX has changed in 5 years

Rent
$1,384 → $1,596
up 15.3%
Income
$87,476 → $97,231
up 11.2%
Population
49,721 → 53,478
up 7.6%
Renter share
30.9% → 31%
+0.1 pts
Bachelor's+
46.8% → 46.4%
-0.4 pts
Median age
37.1 → 39.4
+2.3 yrs

Five years ago, renters in ZIP 79424 in Lubbock, TX paid around $1,384 a month. That figure now sits near $1,596, up 15.3% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $87,476 in 2021 to $97,231 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 79424 in Lubbock, TX adding about 3,757 residents over the five-year window, up 7.6% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 79424 in Lubbock, TX market of 2021.

Community

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Local insights

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About renting in ZIP 79424

Last updated: October 17, 2026

ZIP code 79424 covers Lubbock, TX. The median rent here is $1,596/mo as of October 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,170/mo.

At 20% of local median household income ($97,231/yr), ZIP 79424 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 79424?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,596/mo in ZIP 79424. The local median household income is $97,231/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 79424?

Rent in ZIP 79424 has risen 2.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2017.

When is the cheapest time to rent in ZIP 79424?

Asking rents in ZIP 79424 are usually lowest in December, about 0.9% below their yearly trend, and highest in July, about 1% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 79424?

Yes. From 2019 to 2024, rent in ZIP 79424 rose 16.6% while median household income rose 15.1%, from $84,450 to $97,231. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 79424 compare to other ZIPs in Texas?

ZIP 79424 is in the middle among Texas ZIP codes for rent, ranking #330 of 693 at $1,596/mo. Over the year to September 2026, rent in ZIP 79424 changed +2.3%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 79424 compare to the rest of Lubbock?

At $1,596/mo, ZIP 79424 is $281 above the Lubbock citywide median of $1,315/mo. It is the 13th cheapest of 13 ZIP codes in Lubbock.
Income Affordability
20%
VERY AFFORDABLE

At $1,596/mo, rent takes ~20% of ZIP 79424's median household income ($97,231/yr). The standard benchmark is 30%.

ZIP 79424 20%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 79424 (Lubbock, TX)

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