
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.


2108 S Hayden St

CROSS TIMBERS AT GRAND STREET
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.

Ridgecrest Apartments

Palo Duro Place Apartments in Amarillo TX
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.

1506 SW 11th Ave
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.

2103 S Monroe St
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 | $599 | $599 | $599 |
Downtown Amarillo 1 Bedroom Apartments | $756 | $595 | $1,045 |
Downtown Amarillo 2 Bedroom Apartments | $1,059 | $659 | $2,990 |
Downtown Amarillo 3 Bedroom Apartments | $1,185 | $916 | $2,000 |
Downtown Amarillo 4 Bedroom Apartments | $1,535 | $857 | $2,410 |
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
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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 CROSS TIMBERS AT GRAND STREET priced from $644. 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 |
---|---|---|---|
CROSS TIMBERS AT GRAND STREET | A1 | 1BR,1BA | $644 |
Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $655 |
North Grand Villas | 2B60-2 | 2BR,2BA | $659 |
Ridgecrest Apartments | One Bedroom, One Bath | 1BR,1BA | $695 |
Palo Duro Place Apartments in Amarillo TX | One Bedroom One Bath | 1BR,1BA | $699 |
Best Value Apartments for Rent in Downtown Amarillo, TX
As of June 18, 2025 the best value apartment in the Downtown Amarillo area is the $0.85 price per square foot 2042 S Washington St Model at 2042 S Washington St, Unit A in the in the Plemons Historic District neighborhood starting from $2,000. The second greatest value Downtown Amarillo apartment is the 3B60-2 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 Downtown Amarillo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2042 S Washington St, Unit A | 2042 S Washington St | 3BR,3BA | $0.85 |
North Grand Villas | 3B60-2 | 3BR,2BA | $0.72 |
Cathy's Pointe Apartments | Three Bedroom | 3BR,2BA | $1.04 |
Cypress Creek at Jason Avenue | Trinity | 2BR,2BA | $1.11 |
The Parks at Granite Apartments | 2 bedroom 1 bathroom | 2BR,1BA | $1.12 |
Patterson Place | 1BD 1BA | 1BR,1BA | $1.09 |
Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
Ridgecrest Apartments | One Bedroom, One Bath | 1BR,1BA | $1.02 |
Palo Duro Place Apartments in Amarillo TX | One Bedroom One Bath | 1BR,1BA | $1.08 |
CROSS TIMBERS AT GRAND STREET | A1 | 1BR,1BA | $1.03 |
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.
Pet Friendly LifestyleDowntown Amarillo, Amarillo, TX
Ranked #3
Among neighborhoods in Amarillo, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Amarillo, Amarillo, TX
School data provided by Great Schools
Getting Around the Downtown Amarillo Neighborhood in Amarillo, TX
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
39 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Amarillo Apartments
What is the price of a cheap apartment in Downtown Amarillo?
The cheapest apartment in Downtown Amarillo is CROSS TIMBERS AT GRAND STREET which is listed at $644, while the average apartment in Downtown Amarillo costs $1,147.
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 37 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 $541 which is $606 cheaper than the average rent for all rentals in Downtown Amarillo.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.