$925
Total Monthly Price
- 3 Beds
- 2 Baths
- 1,200 Sq Ft
- Townhouse for Rent
714 16th St Unit B, Shallowater, TX 79363
Frequently Asked Questions
How much does it cost to rent a townhouse in Shallowater, TX?
The median rent for a townhouse in Shallowater, TX is $950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses 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 $46,000 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 $1,150 per month in Shallowater, TX, renters typically need to show $3,450 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 25.4, 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 townhouse?
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 townhouse include North By Northwest, West Lubbock, Maxey Park, Far South Lubbock and Heart of Lubbock, each with its own character and price range.
