Cheap Apartments for Rent in the Downtown Amarillo Neighborhood of Amarillo, TX from $300 (15 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
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Carmel Apartments
Studio to 2 Bedroom Apartments

Carmel Apartments

1002 SW 11th AveAmarillo, TX 79101

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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.

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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
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La Jolla Apartments
1 to 3 Bedroom Apartments

La Jolla Apartments

2727 Virginia CirAmarillo, TX 79109
  • Utilities Included

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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
The Wellington1BD 1BA, sq ft 6701BR,1BA$790
Buena Vista Apartments1 Bed, 1 bath1BR,1BA$952

Best Value Apartments for Rent in Downtown Amarillo, TX

As of November 17, 2025 the best value apartment in the Downtown Amarillo area is the $1.78 price per square foot #1140 Model at Residence at 600 in the in the Plemons Historic District neighborhood starting from $2,990. The second greatest value Downtown Amarillo apartment is the 1220 W 16th Ave Model at 1220 W 16th Ave, Unit 2 starting at $1,050 with a $0.88 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.
Residence at 600#11402BR,2BA$1.78
1220 W 16th Ave, Unit 21220 W 16th Ave2BR,1BA$0.88
1511 S Ong St, Unit 11511 S Ong St1BR,1BA$0.71
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
Badger on Jackson1x11BR,1BA$1.15

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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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 #6

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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 $2,990.

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 $1,109.

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 $498 which is $611 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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.