Cheap Apartments for Rent in Amarillo, TX from $300 (60 Rentals)

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

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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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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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 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

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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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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Wolfin Village
1 to 2 Bedroom Apartments

Wolfin Village

2301 S Austin StAmarillo, TX 79109
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Patterson Place
1 to 2 Bedroom Apartments

Patterson Place

2609 Patterson DrAmarillo, TX 79109
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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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Amarillo, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 11/15/2025

Current apartment rentals in the Amarillo, TX area range in price from $650 to $2,300 with an overall median price of $1,579. The three Amarillo neighborhoods with the lowest median rent pricing are Downtown Amarillo at $650, Llano Historic District at $675, and Old San Jacinto at $650. 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$1,324$65022
Llano Historic District$1,324$67521
Old San Jacinto$1,324$6506
Dumas Junction$1,372$67531
Plemons Historic District$1,600$7002
Route 66 District$1,699$65031
Wolflin Historic District$1,699$65032
Soncy$2,295$2,2002

Cheapest Available Amarillo Apartments for Rent

 

The cheapest available apartment rental in Amarillo, TX is a Studio unit found at Commons at St Anthonys in the Plemons Historic District neighborhood priced from $430. 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
Commons at St AnthonysE1Studio,1BA$430
Veranda Gardens0x1Studio,1BA$625
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Coulter Landing ApartmentsOne bedroom1BR,1BA$675
The Park at 54th ApartmentsOne Bedroom1BR,1BA$675
Amarillo Square Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Ridgecrest ApartmentsOne Bedroom, One Bath1BR,1BA$695
Axiom at 51stA1 1x1Axiom at 51st1BR,1BA$695
Candlewyck ApartmentsSmall EfficiencyStudio,1BA$695

Best Value Apartments for Rent in Amarillo, TX

As of November 15, 2025 the best value apartment in the Amarillo area is the $0.88 price per square foot 1220 W 16th Ave Model at 1220 W 16th Ave, Unit 2 in the in the Plemons Historic District neighborhood starting from $1,050. The second greatest value Amarillo apartment is the 1511 S Ong St Model at 1511 S Ong St, Unit 1 starting at $850 with a $0.71 price per square foot in the Plemons Historic District 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.
1220 W 16th Ave, Unit 21220 W 16th Ave2BR,1BA$0.88
1511 S Ong St, Unit 11511 S Ong St1BR,1BA$0.71
Cathy's Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Legacy Ridge Apartments2x22BR,2BA$0.90
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.88
100 S Fairmont St, Unit 1- A- front100 S Fairmont St2BR,1BA$0.94
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Ridgecrest ApartmentsOne Bedroom, One Bath1BR,1BA$1.02
Coulter Landing ApartmentsOne bedroom1BR,1BA$1.02
The Aspen ApartmentsAyers (1x1)1BR,1BA$1.04

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 Commons at St Anthonys listed at $430.

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

The lowest price for a Cheap One Bedroom Amarillo Apartment is $456 at Commons at St Anthonys.

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 $544 at Commons at St Anthonys.

What is the most affordable Amarillo Three Bedroom Apartment?

The best deal on a cheap Amarillo Three Bedroom Apartment rental is at Veranda Gardens and starts from $950.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

Written by: Trey Huguley

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.