5+ Days Ago
Highlights
Pet Friendly
Location
1312 40th St, Lubbock, TX 79412, USA|Ballenger
Tour 1312 40th St
Contact
CAHP-LBK.com
Nearby rentals
Renter hub
Property management
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Property Overview
Strong value for money stands out, placing it in the 96.15th percentile compared with nearby properties. Walkable access, 55 restaurants within a mile, available transit options, and a mix of age groups in the area support an active, connected setting.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Social life
Amenities for 1312 40th St, Ballenger
Community
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 1312 40th St
Sweet deal!
This listing is 14% below the median price for 3 bedroom apartments in Ballenger.
1. $0 First Month's Rent 2. $0 Deposit at Move-in 3. Move in and repair, get half rent for 4 months (after repairs are completed) DISCLAIMER: Pictures are of condition prior to the current move out
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1312 40th St compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Ballenger |
|---|---|
| Zip code | 79412 |
| Type | House for rent |
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Rent trends in Ballenger
3-bedroom apartments at 1312 40th St cost about 14% less than the average rent price for 3-bedroom apartments in Lubbock.
Median rents as of Jun 13 2026.
Ballenger
Lubbock
| Month | Median Rent |
|---|---|
| June 2024 | $1,499 |
| July 2024 | $1,497 |
| August 2024 | $1,455 |
| September 2024 | $1,418 |
| October 2024 | $1,399 |
| November 2024 | $1,399 |
| December 2024 | $1,400 |
| January 2025 | $1,431 |
| February 2025 | $1,415 |
| March 2025 | $1,449 |
| April 2025 | $1,456 |
| May 2025 | $1,498 |
| June 2025 | $1,499 |
| July 2025 | $1,499 |
| August 2025 | $1,460 |
| September 2025 | $1,431 |
| October 2025 | $1,400 |
| November 2025 | $1,400 |
| December 2025 | $1,412 |
| January 2026 | $1,420 |
| February 2026 | $1,449 |
| March 2026 | $1,450 |
| April 2026 | $1,475 |
| May 2026 | $1,483 |
| June 2026 | $1,493 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,195 |
| November 2024 | $1,100 |
| December 2024 | $1,006 |
| January 2025 | $978 |
| February 2025 | $980 |
| March 2025 | $942 |
| April 2025 | $1,000 |
| July 2025 | $1,000 |
| August 2025 | $1,000 |
| March 2026 | $1,216 |
| April 2026 | $1,187 |
| May 2026 | $1,084 |
| June 2026 | $974 |
Affordability calculator
Can I afford to live at 1312 40th St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$31,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 3-bedrooms monthly rent price of $795.
For more information on rent affordability, visit our rent calculator.
Schools near 1312 40th St
Bean Elementary School
3001 ave n
lubbock, TX, 79411
PK, 1-5Public
C
Homebound
1628 19th st
lubbock, TX, 79401
PK, K-11Public
TEXAS TECH UNIVERSITY K-12
3316 9th st
lubbock, TX, 79413
K-12Public
A-
CARMONA-HARRISON EL
1910 cesar e chavez dr
lubbock, TX, 79415
PK, K-5Public
C
Lubbock-Cooper East El
2727 134th st
lubbock, TX, 79423
PK, K-5Public
A-
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Internet available near 1312 40th St
Neighborhood
Ballenger | Lubbock, TX
Getting around Lubbock near 1312 40th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1312 40th St, Lubbock
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
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