
Cheap Apartments for Rent in Amarillo, TX from $300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Amarillo.


The Aspen Apartments

Veranda Gardens

The Parks at Granite Apartments

Reserve @ 47

1902 Wisdom Dr
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.

Concord Apartments

North Grand Villas

Axiom at 51st

The Park at 54th Apartments

Fircrest Apartments

Ridgecrest Apartments

Candlewyck Apartments

Amarillo Square Apartments
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.

The Coachlight Apartments
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.

Pine Ridge Apartments - All Utilities Paid
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.
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.
Amarillo, TX Local Guide

How much does it cost to rent an apartment in Amarillo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Amarillo Studio Apartments | $746 | $430 | $1,134 |
| Cheap Amarillo 1 Bedroom Apartments | $818 | $456 | $1,529 |
| Cheap Amarillo 2 Bedroom Apartments | $1,025 | $544 | $1,699 |
| Cheap Amarillo 3 Bedroom Apartments | $1,301 | $916 | $2,000 |
| Cheap Amarillo 4 Bedroom Apartments | $1,397 | $857 | $1,800 |
Browse Top Apartments in Amarillo
See all Apartments in AmarilloExplore Amarillo
Amarillo, TX Local Guide

- Amarillo Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Amarillo, TX
Pricing Updated: 01/03/2026Current apartment rentals in the Amarillo, TX area range in price from $430 to $1,827 with an overall median price of $1,215. The three Amarillo neighborhoods with the lowest median rent pricing are Llano Historic District at $725, Downtown Amarillo at $430, and Dumas Junction at $430. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Llano Historic District | $895 | $725 | 4 |
| Downtown Amarillo | $1,111 | $430 | 102 |
| Dumas Junction | $1,169 | $430 | 101 |
| Plemons Historic District | $1,195 | $430 | 137 |
| Soncy | $1,195 | $625 | 133 |
| Wolflin Historic District | $1,195 | $579 | 73 |
| Old San Jacinto | $1,482 | $430 | 201 |
| Route 66 District | $1,482 | $430 | 224 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Commons at St Anthonys | E1 | Studio,1BA | $430 |
| The Aspen Apartments | Ayers (1x1) | 1BR,1BA | $575 |
| Veranda Gardens | 0x1 | Studio,1BA | $625 |
| The Parks at Granite Apartments | 0 bedroom 1 bathroom | Studio,1BA | $625 |
| Cottonwood Apartments | 1-Bed 1-Bath | 1BR,1BA | $650 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $655 |
| North Grand Villas | 2 Beds, 2 baths | 2BR,2BA | $659 |
| Axiom at 51st | A1 1x1Axiom at 51st | 1BR,1BA | $665 |
| The Park at 54th Apartments | One Bedroom | 1BR,1BA | $675 |
| Amarillo Square Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $695 |
Best Value Apartments for Rent in Amarillo, TX
As of January 03, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1102 S Western St, Unit A | 1102 S Western St | 3BR,2BA | $0.80 |
| North Grand Villas | 3 Beds, 2 baths | 3BR,2BA | $0.72 |
| Cathy's Pointe Apartments | Three Bedroom | 3BR,2BA | $1.04 |
| Legacy Ridge Apartments | 2x2 | 2BR,2BA | $0.90 |
| Country Club | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.88 |
| Country Club Villas in Amarillo TX | Victorian Cottage | 2BR,2BA | $1.09 |
| Summit Park | A1 | 1BR,1BA | $1.09 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
| Cottonwood Apartments | 1-Bed 1-Bath | 1BR,1BA | $1.06 |
| The Aspen Apartments | Ayers (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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
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.
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
See the most popular apartments and homes in Amarillo, TX
Frequently Asked Questions about Cheap Amarillo Apartments
What is a cheap apartment in Amarillo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Amarillo is under $695.
What is the price of a cheap apartment in Amarillo?
The cheapest apartment in Amarillo is Commons at St Anthonys which is listed at $456, while the average apartment in Amarillo costs $1,215.
What types of apartments are the cheapest in Amarillo?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 438 regular apartments in Amarillo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Amarillo?
Cheap apartments in Amarillo have an average cost of $554 which is $661 cheaper than the average rent for all rentals in Amarillo.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

























