Lubbock’s housing scene provides a range of options from lakefront living at Lake Ransom Canyon and Buffalo Springs to historical neighborhoods, downtown retro studio apartments, and rural subdivisions. Neighborhoods with innovative concepts also are joining the mix.

The cost of housing in Lubbock is typically $10,000 to $20,000 less than the national average due to the low cost and ample supply of land. The average price of homes in Lubbock in 2005 was $120,541 according to the Lubbock Economic Development Alliance.