
Cheap Apartments for Rent in the Downtown Amarillo Neighborhood of Amarillo, TX from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Amarillo area of Amarillo.


833 Parker St

1312 Parker St

Concord Apartments

Village Park Apartments
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.

Fircrest Apartments

Amarillo Apartments

The Larsson

Hollywood Apartments

Carmel 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.

906 S Virginia St

Nelson Street Apartments

Wolfin Village

Patterson Place

704 S Cleveland St
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.

La Jolla Apartments
Downtown Amarillo, Amarillo, TX Local Guide

How much does it cost to rent an apartment in Downtown Amarillo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Amarillo Studio Apartments | $625 | $625 | $625 |
| Downtown Amarillo 1 Bedroom Apartments | $741 | $550 | $960 |
| Downtown Amarillo 2 Bedroom Apartments | $968 | $775 | $1,200 |
| Downtown Amarillo 3 Bedroom Apartments | $1,207 | $934 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Amarillo Neighborhood of Amarillo, TX.
See all Apartments in AmarilloExplore Amarillo
Downtown Amarillo, Amarillo, TX Local Guide
- Nearby Amarillo neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Patterson Place priced from $655. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patterson Place | 1BD 1BA | 1BR,1BA | $655 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $655 |
| Fircrest Apartments | Phase Two 1BR/1BA | 1BR,1BA | $699 |
| Badger on Jackson | 1x1 | 1BR,1BA | $725 |
| Palo Duro Place Apartments in Amarillo TX | One Bedroom One Bath | 1BR,1BA | $756 |
Best Value Apartments for Rent in Downtown Amarillo, TX
As of April 09, 2026 the best value apartment in the Downtown Amarillo area is the $1.09 price per square foot 2BD 1BA, sq ft 880 Model at La Jolla Apartments in the in the Downtown Amarillo neighborhood starting from $875. The second greatest value Downtown Amarillo apartment is the 1BD 1BA, sq ft 693 Model at The Wellington Apartments starting at $855 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| La Jolla Apartments | 2BD 1BA, sq ft 880 | 2BR,1BA | $1.09 |
| The Wellington Apartments | 1BD 1BA, sq ft 693 | 1BR,1BA | $1.23 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
| Patterson Place | 1BD 1BA | 1BR,1BA | $0.95 |
| Palo Duro Place Apartments in Amarillo TX | One Bedroom One Bath | 1BR,1BA | $1.16 |
| Badger on Jackson | 1x1 | 1BR,1BA | $1.15 |
| Fircrest Apartments | Phase Two 1BR/1BA | 1BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Pet Friendly LifestyleDowntown Amarillo, Amarillo, TX
Ranked #6
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $655 at Patterson Place.
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 $775 at Fircrest 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.