Cheap Apartments for Rent in Amarillo, TX from $300 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in Amarillo.

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Westways
$650 - $775
Total Monthly Price

Total Monthly Price

Base Rent
$585 - $710
Required Monthly Fees
$65
Total Monthly Price
$650 - $775
1 to 2 Bedroom Apartments Available Now

Westways

4710 SW 57th AveAmarillo, TX 79109
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Reserve @ 47
$661 - $1,291
Total Monthly Price

Total Monthly Price

Base Rent
$630 - $1,260
Required Monthly Fees
$31
Total Monthly Price
$661 - $1,291
1 to 2 Bedroom Apartments Available Now

Reserve @ 47

4711 S Virginia StAmarillo, TX 79109
Affordability
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Legacy Ridge Apartments
$775 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$775 - $1,200
Total Monthly Price
$775 - $1,200
2 Bedroom Apartments Available Now

Legacy Ridge Apartments

914 Buena Vista StAmarillo, TX 79106
Affordability
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  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Rock Island Apartments
$790 - $1,260
Total Monthly Price

Total Monthly Price

Base Rent
$730 - $1,200
Required Monthly Fees
$60
Total Monthly Price
$790 - $1,260
Studio to 2 Bedroom Apartments Available Now

Rock Island Apartments

7101 Wolflin AveAmarillo, TX 79106
Family Friendly
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Country Club Villas in Amarillo TX
Rent Specials
$799 - $1,159
Total Monthly Price

Total Monthly Price

Base Rent
$774 - $1,134
Required Monthly Fees
$25
Total Monthly Price
$799 - $1,159
1 to 2 Bedroom Apartments Available Now

Country Club Villas in Amarillo TX

4401 S CoulterAmarillo, TX 79109
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Amarillo Apartments
Studio to 1 Bedroom Apartments

Amarillo Apartments

2217 S Polk StAmarillo, TX 79109
  • Utilities Included
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The Larsson
Studio to 2 Bedroom Apartments

The Larsson

2200 SW 7th AveAmarillo, TX 79106
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Hollywood Apartments
1 Bedroom Apartments

Hollywood Apartments

1601 S Buchanan StAmarillo, TX 79102
  • Utilities Included
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Courtyard Apartments
1 Bedroom Apartments

Courtyard Apartments

4300 Prairie AveAmarillo, TX 79109
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Carmel Apartments
Studio to 2 Bedroom Apartments

Carmel Apartments

1002 SW 11th AveAmarillo, TX 79101
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Stone Creek
1 to 2 Bedroom Apartments

Stone Creek

5307 Gem Lake RdAmarillo, TX 79106
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Belwood Apartments
Studio to 2 Bedroom Apartments

Belwood Apartments

2800 Lometa DrAmarillo, TX 79109
  • Utilities Included
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DeVille Apartments
Studio to 3 Bedroom Apartments

DeVille Apartments

1900 Wisdom DrAmarillo, TX 79106
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Axiom at 51st
1 to 2 Bedroom Apartments

Axiom at 51st

4301 SW 49th AveAmarillo, TX 79109
  • Utilities Included
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Red Oak Ranch
Studio to 3 Bedroom Apartments

Red Oak Ranch

5601 Bell StAmarillo, TX 79109
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Amarillo, TX Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 02/26/2026

Current apartment rentals in the Amarillo, TX area range in price from $550 to $2,400 with an overall median price of $1,423. The three Amarillo neighborhoods with the lowest median rent pricing are Downtown Amarillo at $550, Old San Jacinto at $550, and Plemons Historic District at $575. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Amarillo$1,075$55019
Old San Jacinto$1,124$5509
Plemons Historic District$1,295$5758
Dumas Junction$1,345$57525
Llano Historic District$1,400$57518
Route 66 District$1,495$55028
Soncy$1,825$1,8251
Wolflin Historic District$1,825$55020

Cheapest Available Amarillo Apartments for Rent

 

The cheapest available apartment rental in Amarillo, TX is a 1 Bed unit found at The Aspen Apartments in the Wolflin Historic District neighborhood priced from $569. Veranda Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Amarillo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Aspen ApartmentsAyers (1x1)1BR,1BA$569
Veranda Gardens0x1Studio,1BA$625
Cottonwood Apartments1-Bed 1-Bath1BR,1BA$650
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
North Grand Villas2 Beds, 2 baths2BR,2BA$659
Axiom at 51stA1 1x1Axiom at 51st1BR,1BA$665
The Park at 54th ApartmentsOne Bedroom1BR,1BA$675
The Coachlight ApartmentsEFFICIENCYStudio,1BA$675

Best Value Apartments for Rent in Amarillo, TX

As of February 26, 2026 the best value apartment in the Amarillo area is the $0.80 price per square foot 1102 S Western St Model at 1102 S Western St, Unit A in the in the Route 66 District neighborhood starting from $1,300. The second greatest value Amarillo apartment is the 3 Beds, 2 baths Model at North Grand Villas starting at $916 with a $0.72 price per square foot in the Dumas Junction neighborhood. Here is today’s list of the best values for Amarillo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1102 S Western St, Unit A1102 S Western St3BR,2BA$0.80
North Grand Villas3 Beds, 2 baths3BR,2BA$0.72
Cathy's Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Mariposa Jason Avenue 55+ Apartment HomesB22BR,2BA$0.90
Legacy Ridge Apartments2x22BR,2BA$0.90
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.88
100 S Fairmont St, Unit Unit 1- A- front100 S Fairmont St2BR,1BA$0.90
Huntington PointeSilver Sage1BR,1BA$1.04
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
1503 Parker St, Unit apt. A1503 Parker St1BR,1BA$1.03

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Amarillo Overview

Located in the Panhandle of Texas, Amarillo is known for the natural attractions that surround the city as well as the cowboy history and feel that is present throughout the area. If you are a fan of historical beauty, or just the country lifestyle, an apartment in Amarillo may be the choice for you.

Why live in Amarillo, TX?

There is not only a lot to do in Amarillo but it is, an extremely family friendly place to live. They have everything from an amusement park, to horseback riding, to sports, to museums and are known for having some of the friendliest neighbors around. The town's history and roots are apparent everywhere you go, but don't think of Amarillo as a sleepy town, as the town's many attractions draw visitors from all over throughout the year.

Pet Friendly Lifestyle
Amarillo, TX

Ranked #110

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Amarillo, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Amarillo Apartments

What is the Cheapest Studio apartment in Amarillo?

Currently the most affordable Cheap Studio Apartment in Amarillo is at Veranda Gardens listed at $625.

How much is rent for a Cheap One Bedroom Amarillo Apartment?

The lowest price for a Cheap One Bedroom Amarillo Apartment is $569 at The Aspen Apartments.

What is the lowest price for a Cheap Two Bedroom Amarillo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Amarillo is starting from $659 at North Grand Villas.

What is the most affordable Amarillo Three Bedroom Apartment?

The best deal on a cheap Amarillo Three Bedroom Apartment rental is at North Grand Villas and starts from $916.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.