Cheap Apartments for Rent in Amarillo, TX from $300 (67 Rentals)

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

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Amarillo Apartments
Studio to 1 Bedroom Apartments

Amarillo Apartments

2217 S Polk StAmarillo, TX 79109
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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
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Courtyard Apartments
1 Bedroom Apartments

Courtyard Apartments

4300 Prairie AveAmarillo, TX 79109
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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
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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
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Red Oak Ranch
Studio to 3 Bedroom Apartments

Red Oak Ranch

5601 Bell StAmarillo, TX 79109
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Showing Results 1-50, Page 1 of 2

Amarillo, TX Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 09/18/2025

Current apartment rentals in the Amarillo, TX area range in price from $495 to $2,200 with an overall median price of $1,932. The three Amarillo neighborhoods with the lowest median rent pricing are Dumas Junction at $495, Old San Jacinto at $495, and Llano Historic District at $495. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dumas Junction$1,275$49537
Old San Jacinto$1,699$49510
Llano Historic District$1,750$49524
Downtown Amarillo$2,200$49530
Plemons Historic District$2,200$7758
Route 66 District$2,200$49534
Wolflin Historic District$2,200$49535

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 Plemons Historic District neighborhood priced from $580. Reserve @ 47 in the Plemons Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Amarillo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Aspen ApartmentsAyers (1x1)1BR,1BA$580
Reserve @ 47A31BR,1BA$600
Veranda Gardens0x1Studio,1BA$625
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
North Grand Villas2B60-22BR,2BA$659
The Park at 54th ApartmentsOne Bedroom1BR,1BA$675
Axiom at 51stA1 1x1Axiom at 51st1BR,1BA$695
Candlewyck ApartmentsSmall EfficiencyStudio,1BA$695
The Coachlight Apartments1X11BR,1BA$699
The Parks at Granite Apartments1 bedroom 1 bathroom1BR,1BA$707

Best Value Apartments for Rent in Amarillo, TX

As of September 18, 2025 the best value apartment in the Amarillo area is the $0.77 price per square foot Three Bedroom, Two Bath Model at Ridgecrest Apartments in the in the Soncy neighborhood starting from $1,150. The second greatest value Amarillo apartment is the 3B60-2 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.
Ridgecrest ApartmentsThree Bedroom, Two Bath3BR,2BA$0.77
North Grand Villas3B60-23BR,2BA$0.72
Cathy's Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.88
The Eddison1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$1.03
Summit ParkA11BR,1BA$1.09
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.02
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$1.11
The Aspen ApartmentsAyers (1x1)1BR,1BA$1.04

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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.

Amarillo, TX
Population: 199,924

Ranked #117

in US Census Population by City

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Pet Friendly Lifestyle
Amarillo, TX

Ranked #84

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!

Explore Amarillo, TX Rentals by Map

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See the most popular apartments and homes in Amarillo, TX

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Getting Around Amarillo, TX

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

19 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $600 at Reserve @ 47.

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

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.