Market Summary

Preston Smith, Lubbock County, TX

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Median Home Price Price

$222,709 $222.7K

Median Monthly Rent Rent

$1,398 $1.4K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lubbock County

Region Price Rent GRM Display
$224,950 $1,537 12.0x
$168,022 $1,414 10.0x
$216,844 $1,475 12.0x
$175,112 $1,521 10.0x
$207,482 $1,494 12.0x
$190,366 $1,400 11.0x
$237,901 $1,526 13.0x
$248,421 $1,407 15.0x
$124,025 $1,424 7.0x
$136,333 $1,536 7.0x
$186,324 $1,414 11.0x
$216,601 $1,511 12.0x
$65,486 $1,320 4.0x
$162,618 $1,419 10.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TX outside of Lubbock County

Home prices

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Monthly rent

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GRM

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Similar markets outside of TX

Region Price Rent GRM Display
$291,434 $1,331 18.0x
$285,508 $1,437 17.0x
$333,960 $1,432 19.0x
$394,742 $1,435 23.0x
$374,090 $1,439 22.0x
$300,057 $1,963 13.0x
$241,521 $1,394 14.0x
$243,052 $1,405 14.0x
$220,802 $1,549 12.0x
$247,598 $1,393 15.0x

Home prices

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Monthly rent

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GRM

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Preston Smith

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Trend Insights

Median Rent in Preston Smith, TX is $1,398, with MoM change +$9 and YoY change +$39 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Preston Smith, TX.

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Metric
Base market Preston Smith, TX
Compare market Select a market
Delta vs base
Median rent
$1,398
N/A
Median price
$222,709
N/A
YoY change
+$39
N/A
Price-to-rent
13.3x
Data unavailable
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