4

Shallowater, TX Condos for Rent

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  • /17

    $1,595 Per Month

    • 3 Beds
    • 2 Baths
    • 1,530 Sq Ft
    • Like-New Construction 3/2/2 in Shallowater!

    1405 16th St Unit A, Shallowater, TX 79363

    Move in special!! $500 gift card at move in!Beautifully crafted and spacious three bedroom two bathroom two car garage home in Shallowater! The home features lots of storage, large walk in master closet, low maintenance landscaping and more! Refrigerator and washer/dryer hookups included.Schools: Shallowater ISD. Up to 3 roommates considered with a $500 deposit for each. Pets

    1405 16th St Unit A, Shallowater, TX 79363
  • /37

    $1,525 Per Month

    • 3 Beds
    • 2 Baths
    • 1,305 Sq Ft
    • $500 Off First month's Rent - Modern Country Living Only Minutes From Lubbock Metro

    1405 17th St Unit A, Shallowater, TX 79363

    Newer Build! Small town charm with modern flair! Spacious 3-bedroom, 2-bathroom home with a 2-car garage in Shallowater. Features include generous storage throughout, a large walk-in master closet, and low-maintenance landscapingRoommates considered with full month's rent depositPet Policy: Up to 2 pets under 50 lbs are welcome with a $300 deposit per pet. No aggressive breeds

    1405 17th St Unit A, Shallowater, TX 79363
  • /18

    $1,150 Per Month

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • 3/1 Brick home on corner lot in Shallowater

    1202 5th St, Shallowater, TX 79363

    This home is a 3 bedroom, 1 bath, 1,200 sq. ft. home with off-street parking. This property comes with w/d connections, oven, dishwasher, a large fenced backyard, and is located in the Shallowater ISD.This residence is ready for a 12-month lease. Please note that vacant homes can only be held for up to 15 days with a deposit, so don’t wait too long to make your move! We understand how

    1202 5th St, Shallowater, TX 79363
  • /34

    $1,525 Per Month

    • 3 Beds
    • 2 Baths
    • 1,485 Sq Ft
    • Condo for Rent

    1401 17th St Unit Shallowater - 1401 17th St Unit A, Shallowater, TX 79363

    1401 17th St Unit Shallowater - 1401 17th St Unit A, Shallowater, TX 79363

Frequently Asked Questions

How much does it cost to rent a condo in Shallowater, TX?
The median rent for a condo in Shallowater, TX is $1,525 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Shallowater, TX?
To comfortably afford the median rent in Shallowater, TX, a household needs to earn roughly $62,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,560 per month in Shallowater, TX, renters typically need to show $4,680 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Shallowater, TX?
In Shallowater, TX, the price-to-rent ratio is 17.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Shallowater, TX are best for renting a condo?
The best neighborhood for renting in Shallowater, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include West End, North Overton, South Overton, Heart of Lubbock and North By Northwest, each with its own character and price range.

Condo Rental Trends in Shallowater, TX

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,525
Median 3 Bedroom Condo Rent
$1,525
How to Rent a Home