Cheap Apartments for Rent in the Downtown Amarillo Neighborhood of Amarillo, TX from $395 (33 Rentals)

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

property at 1413 S Ong St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

Studio, 1 Bath Home for Rent

Available Now

1413 S Ong St, Unit B

1413 S Ong St
AmarilloTX79102

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Amarillo Apartments
Studio to 1 Bedroom Apartments

Amarillo Apartments

2217 S Polk StAmarillo, TX 79109
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hollywood Apartments
1 Bedroom Apartments

Hollywood Apartments

1601 S Buchanan StAmarillo, TX 79102
  • Utilities Included
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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
  • Utilities Included
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Patterson Place
1 to 2 Bedroom Apartments

Patterson Place

2609 Patterson DrAmarillo, TX 79109
  • Utilities Included
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Concord Apartments
1 to 2 Bedroom Apartments

Concord Apartments

3019 SW 28th AveAmarillo, TX 79109
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La Jolla Apartments
1 to 3 Bedroom Apartments

La Jolla Apartments

2727 Virginia CirAmarillo, TX 79109
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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2713 SW 9th
Studio to 1 Bedroom Apartments

2713 SW 9th

2713 SW 9th AveAmarillo, TX 79106
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Amarillo Gardens
1 to 4 Bedroom Apartments

Amarillo Gardens

1223 S Roberts StAmarillo, TX 79102
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Silver Oak Apartments
1 to 3 Bedroom Apartments

Silver Oak Apartments

1710 SE 34th AveAmarillo, TX 79118
  • Utilities Included

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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Showing Results 1-33, Page 1 of 1

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 1 Bed unit found at The Larsson priced from $455. 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
The Larsson1/1.001BR,1BA$455
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Badger on Jackson1x11BR,1BA$725
2713 SW 9th1BR/1.0BA1BR,1BA$725
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$766
The Wellington Apartments1BD 1BA, sq ft 6051BR,1BA$780
El Centro1 Bed, 1 bath1BR,1BA$795
Canterbury Apartments1x1 Upstairs1BR,1BA$885

Best Value Apartments for Rent in Downtown Amarillo, TX

As of August 23, 2026 the best value apartment in the Downtown Amarillo area is the $1.25 price per square foot 2bed Model at Parkwood on 13th in the in the Plemons Historic District neighborhood starting from $1,250. The second greatest value Downtown Amarillo apartment is the 1209 SW 10th Ave Model at 1209 SW 10th Ave, Unit Apt A starting at $850 with a $1.18 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.
Parkwood on 13th2bed2BR,2BA$1.25
1209 SW 10th Ave, Unit Apt A1209 SW 10th Ave1BR,1BA$1.18
El Centro1 Bed, 1 bath1BR,1BA$1.14
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$1.18
The Larsson1/1.001BR,1BA$0.70
Badger on Jackson1x11BR,1BA$1.15
The Wellington Apartments1BD 1BA, sq ft 6051BR,1BA$1.29
Canterbury Apartments1x1 Upstairs1BR,1BA$1.56
2713 SW 9th1BR/1.0BA1BR,1BA$1.61

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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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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Pet Friendly Lifestyle
Downtown Amarillo, Amarillo, TX

Ranked #5

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
Downtown Amarillo, Amarillo, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Amarillo Apartments

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

The lowest price for a Cheap One Bedroom Downtown Amarillo Apartment is $455 at The Larsson.

What is the lowest price for a Cheap Two Bedroom Downtown Amarillo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Amarillo is starting from $1,090 at The Wellington Apartments.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.