Cheap Apartments for Rent in Amarillo, TX from $300 (42 Rentals)

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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.

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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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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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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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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Parks at Granite
1 to 3 Bedroom Apartments

Parks at Granite

3318 S Western StAmarillo, TX 79109
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Belmont Apartments
1 to 2 Bedroom Apartments

Belmont Apartments

4101 Republic AveAmarillo, TX 79109
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Win-Lin Village
2 to 3 Bedroom Apartments

Win-Lin Village

5700 Wabash StAmarillo, TX 79109
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La Jolla Apartments
1 to 3 Bedroom Apartments

La Jolla Apartments

2727 Virginia CirAmarillo, TX 79109
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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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Casa del Sol
Studio to 1 Bedroom Apartments

Casa del Sol

4215 S Western StAmarillo, TX 79109
  • Utilities Included

Amarillo, TX Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 01/02/2026

Current apartment rentals in the Amarillo, TX area range in price from $650 to $2,600 with an overall median price of $1,636. The three Amarillo neighborhoods with the lowest median rent pricing are Old San Jacinto at $650, Downtown Amarillo at $650, and Llano Historic District at $875. 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$1,072$6507
Downtown Amarillo$1,450$65016
Llano Historic District$1,450$87517
Plemons Historic District$1,450$9003
Wolflin Historic District$1,450$75022
Dumas Junction$1,522$90021
Soncy$2,095$1,7006
Route 66 District$2,600$65038

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. The Aspen Apartments in the Plemons Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Amarillo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Commons at St AnthonysE1Studio,1BA$430
The Aspen ApartmentsAyers (1x1)1BR,1BA$575
Veranda Gardens0x1Studio,1BA$625
The Parks at Granite Apartments0 bedroom 1 bathroomStudio,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
Amarillo Square Apartments1 Bedroom 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Amarillo, TX

As of January 02, 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 Plemons Historic 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
Legacy Ridge Apartments2x22BR,2BA$0.90
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.88
Country Club Villas in Amarillo TXVictorian Cottage2BR,2BA$1.09
Summit ParkA11BR,1BA$1.09
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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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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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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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.

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 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 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!