Cheap Apartments for Rent in the Downtown Amarillo Neighborhood of Amarillo, TX from $300 (12 Rentals)

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

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Amarillo Apartments
Studio to 1 Bedroom Apartments

Amarillo Apartments

2217 S Polk StAmarillo, TX 79109
  • Utilities Included
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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
  • Utilities Included

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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Carmel Apartments
Studio to 2 Bedroom Apartments

Carmel Apartments

1002 SW 11th AveAmarillo, TX 79101
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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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La Jolla Apartments
1 to 3 Bedroom Apartments

La Jolla Apartments

2727 Virginia CirAmarillo, TX 79109
  • Utilities Included

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.

Downtown Amarillo, Amarillo, TX Local Guide

Cheapest Available Downtown Amarillo Apartments for Rent

 

The cheapest available apartment rental in the Downtown Amarillo area of Amarillo, TX is a Studio unit found at Commons at St Anthonys priced from $430. Concord Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here are the most affordable Downtown Amarillo apartments for rent in Amarillo, TX:

Apartment ListingModel NameBed/BathPriced From
Commons at St AnthonysE1Studio,1BA$430
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Badger on Jackson1x11BR,1BA$725
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$756
The Wellington1BD 1BA, sq ft 6701BR,1BA$790

Best Value Apartments for Rent in Downtown Amarillo, TX

As of January 06, 2026 the best value apartment in the Downtown Amarillo area is the $1.56 price per square foot 3 Beds, 1.5 baths Model at Buena Vista Apartments in the in the Plemons Historic District neighborhood starting from $1,482. The second greatest value Downtown Amarillo apartment is the A3 Model at Commons at St Anthonys starting at $995 with a $1.43 price per square foot in the Plemons Historic District neighborhood. Here is today’s list of the best values for Downtown Amarillo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Buena Vista Apartments3 Beds, 1.5 baths3BR,1.5BA$1.56
Commons at St AnthonysA31BR,1BA$1.43
The Wellington1BD 1BA, sq ft 6931BR,1BA$1.23
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$1.16
Badger on Jackson1x11BR,1BA$1.15
411 S Florida St, Unit A411 S Florida St1BR,1BA$1.42

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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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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Pet Friendly Lifestyle
Downtown Amarillo, Amarillo, TX

Ranked #6

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Amarillo Apartments

What is a cheap apartment in Downtown Amarillo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Amarillo is under $952.

What is the price of a cheap apartment in Downtown Amarillo?

The cheapest apartment in Downtown Amarillo is Commons at St Anthonys which is listed at $456, while the average apartment in Downtown Amarillo costs $1,111.

What types of apartments are the cheapest in Downtown 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 72 regular apartments in Downtown 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 Downtown Amarillo?

Cheap apartments in Downtown Amarillo have an average cost of $489 which is $622 cheaper than the average rent for all rentals in Downtown 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

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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!