Lubbock, TX Real Estate

According to census data in the year 2000 there were 84,034 housing units in Lubbock. This represents a 7.9% growth from 77,852 in 1990.

Of those housing units, 82,643 were located in either urbanized areas or urban clusters, and 1,391 were located in what is classified as a rural area.

Homeownership rate in Lubbock is about 55.8%. Lubbock's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Lubbock were built after 1972.


Housing Size

Housing Units by Size
Studio Type4.20%
One Bedroom16.60%
Two Bedrooms26.90%
Three Bedrooms43.10%
Four Bedrooms8.50%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1970
Median Value of occupied units$69,500
Median Price asked for vacant units$55,300

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1973
Median Monthly Rent asked for vacant units$441

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.70%
Home Equity Loan2.70%
Simple Mortgage59.80%
Debt Free35.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%