Cheap Apartments for Rent in Amarillo, TX from $300 (132 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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10109 River Rd, Unit B
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
Studio Apartment Available Now

10109 River Rd, Unit B

10109 River RdAmarillo, TX 79108
Affordability

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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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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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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Amarillo, TX Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 05/27/2026

Current apartment rentals in the Amarillo, TX area range in price from $575 to $4,500 with an overall median price of $1,674. The three Amarillo neighborhoods with the lowest median rent pricing are Old San Jacinto at $650, Downtown Amarillo at $575, and Dumas Junction 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
Old San Jacinto$850$6504
Downtown Amarillo$1,350$57517
Dumas Junction$1,490$57525
Llano Historic District$1,490$57515
Wolflin Historic District$1,547$57524
Plemons Historic District$2,100$5754
Soncy$2,250$2,2002
Route 66 District$2,320$57530

Cheapest Available Amarillo Apartments for Rent

 

The cheapest available apartment rental in Amarillo, TX is a Studio unit found at Veranda Gardens priced from $594. Parks at Granite Apartments in the Soncy neighborhood 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
Veranda Gardens0x1Studio,1BA$594
Parks at Granite Apartments0 bedroom 1 bathroomStudio,1BA$625
Westways1 Bedroom1BR,1BA$650
Cottonwood Apartments1-Bed 1-Bath1BR,1BA$650
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Amarillo Greentree VillageA3501BR,1BA$659
Reserve @ 47A31BR,1BA$661
Axiom at 51stA1 1x1Axiom at 51st1BR,1BA$665
The Park at 54th ApartmentsOne Bedroom1BR,1BA$675
The Coachlight ApartmentsEFFICIENCYStudio,1BA$695

Best Value Apartments for Rent in Amarillo, TX

As of May 27, 2026 the best value apartment in the Amarillo area is the $0.79 price per square foot 7900 Upton Rd Model at 7900 Upton Rd in the starting from $1,350. The second greatest value Amarillo apartment is the 2x2 Model at Legacy Ridge Apartments starting at $950 with a $0.90 price per square foot in the Soncy 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.
7900 Upton Rd7900 Upton Rd3BR,2BA$0.79
Legacy Ridge Apartments2x22BR,2BA$0.90
Town Parc at AmarilloA2-60%2BR,2BA$1.05
Huntington PointeWildcat Bluff2BR,2BA$0.97
Mariposa Jason Avenue 55+ Apartment HomesA21BR,1BA$1.01
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.08
10109 River Rd, Unit B10109 River RdStudio ,1BA$1.07
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Cottonwood Apartments1-Bed 1-Bath1BR,1BA$1.06
The Aspen ApartmentsAyers (1x1)1BR,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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

Pet Friendly Lifestyle
Amarillo, TX

Ranked #115

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 $594.

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

The lowest price for a Cheap One Bedroom Amarillo Apartment is $577 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 $760 at Veranda Gardens.

What is the most affordable Amarillo Three Bedroom Apartment?

The best deal on a cheap Amarillo Three Bedroom Apartment rental is at Amarillo Greentree Village and starts from $908.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.