2 Days Ago
Location
4940 7th St, Lubbock, TX 79416, USA
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Amenities for 4940 7th St
Features
| Carpet | Ceiling Fan |
| Fireplace |
Appliances
| Dishwasher |
Community
| Onsite Laundry |
Grounds
| Storage |
Other
| Five Rooms |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 4940 7th St
Property Status: Active 3 Bedroom/ 2 Bath for Rent! Many recent updates throughout. Spacious living area has a beautiful brick fireplace with built ins. Huge laundry room with storage. Exterior paint and a new roof are coming soon. Great location convenient to Tech! Office Phone: (806) 549-7653 Copyright © 2026 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 4940 7th St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 2 miles away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 79416 |
|---|---|
| Type | House for rent |
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Rent trends in Lubbock
3-bedroom apartments at 4940 7th St cost about 10% less than the average rent price for 3-bedroom apartments in Lubbock.
Median rents as of Mar 28 2026.
Lubbock
| Month | Median Rent |
|---|---|
| April 2024 | $1,475 |
| 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 |
| December 2025 | $1,412 |
| January 2026 | $1,420 |
| February 2026 | $1,449 |
| March 2026 | $1,450 |
Affordability calculator
Can I afford to live at 4940 7th 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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 3-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Schools near 4940 7th St
Rush Elementary School
4702 15th st
lubbock, TX, 79416
PK, K-5Public
B+
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
Homebound
1628 19th st
lubbock, TX, 79401
PK, K-11Public
Upland Heights Elementary School
10020 upland ave
lubbock, TX, 79424
PK, K-5Public
A
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Internet available near 4940 7th St
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Lubbock near 4940 7th St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 4940 7th St, Lubbock
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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