$1,500
Total Monthly Price
- 3 Beds
- 2 Baths
- 1,500 Sq Ft
- House for Rent
707 15th St, Shallowater, TX 79363
Adorable 3 bedroom, 2 bathroom house located in Shallowater, Tx. New carpets, awesome backyard.
Frequently Asked Questions
How much does it cost to rent a home in Shallowater, TX?
The median rent for a home in Shallowater, TX is $1,495 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Shallowater, TX?
To comfortably afford the median rent in Shallowater, TX, a household needs to earn roughly $59,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,495 per month in Shallowater, TX, renters typically need to show $4,485 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Shallowater, TX?
In Shallowater, TX, the price-to-rent ratio is 19.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Shallowater, TX are best for renting a home?
The best neighborhood for renting in Shallowater, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North West Lubbock, North By Northwest, Shadow Hills, Northridge and West Campus, each with its own character and price range.
