Rent in Shallowater, TX
A 2-bedroom in Shallowater, TX (ZIP 79363) typically rents for about $1,073 a month, with a range of $1,073–$1,241. Owner-occupied homes in Lubbock County pay about 1.51% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $893 | $893 | 1 |
| 1 bed | $1,050 | $1,050 | 1 |
| 2 beds | $1,073 | $1,073–$1,241 | 1 |
| 3 beds | $1,585 | $1,585–$1,718 | 1 |
| 4 beds | $2,053 | $2,053 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Shallowater ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Shallowater, TX?
- About $1,073 a month: the median of the typical rents in 1 ZIP code, which range from $1,073–$1,241. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Shallowater, TX?
- About $1,050 a month: the median of the typical rents in 1 ZIP code, which range from $1,050. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Shallowater, TX?
- About $1,585 a month: the median of the typical rents in 1 ZIP code, which range from $1,585–$1,718. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Shallowater, TX?
- About $893 a month: the median of the typical rents in 1 ZIP code, which range from $893. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Shallowater, TX?
- About $2,053 a month: the median of the typical rents in 1 ZIP code, which range from $2,053. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Shallowater, TX?
- Owner-occupied homes in Lubbock County pay a typical 1.51% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Shallowater rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).