18 Hours Ago
Location
403 Teak Ave, Lubbock, TX 79403, USA|Parkway and Cherry Point
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About 403 Teak Ave
Sweet deal!
This listing is 20% below the median price for 3 bedroom apartments in Parkway and Cherry Point.
Property Status: Active 3 bedroom 1 bath rental home Office Phone: (806) 790-7536 Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 403 Teak Ave compares to other nearby properties.
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Parkway and Cherry Point |
|---|---|
| Zip code | 79403 |
| Type | House for rent |
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Rent trends in Parkway and Cherry Point
3-bedroom apartments at 403 Teak Ave cost about 20% less than the average rent price for 3-bedroom apartments in Lubbock.
Median rents as of Nov 1 2025.
Parkway and Cherry Point
Lubbock
| Month | Median Rent |
|---|---|
| November 2023 | $1,400 |
| December 2023 | $1,398 |
| January 2024 | $1,397 |
| February 2024 | $1,437 |
| March 2024 | $1,450 |
| April 2024 | $1,468 |
| May 2024 | $1,481 |
| June 2024 | $1,498 |
| 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 |
| Month | Median Rent |
|---|---|
| November 2023 | $990 |
| December 2023 | $952 |
| January 2024 | $957 |
| February 2024 | $960 |
| March 2024 | $1,013 |
| April 2024 | $1,050 |
| May 2024 | $1,072 |
| June 2024 | $1,093 |
| July 2024 | $1,099 |
| August 2024 | $1,060 |
| September 2024 | $1,068 |
| October 2024 | $962 |
| November 2024 | $960 |
| December 2024 | $1,027 |
| January 2025 | $1,086 |
| February 2025 | $1,099 |
| March 2025 | $1,074 |
| April 2025 | $1,090 |
| May 2025 | $1,067 |
| June 2025 | $1,022 |
| July 2025 | $1,050 |
| August 2025 | $1,046 |
| September 2025 | $1,022 |
| October 2025 | $950 |
| November 2025 | $1,000 |
Affordability calculator
Can I afford to live at 403 Teak Ave?
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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 3-bedrooms monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
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Internet available near 403 Teak Ave
Neighborhood
Parkway and Cherry Point | Lubbock, TX
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Lubbock near 403 Teak Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
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 403 Teak Ave, Lubbock
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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