
Cheap Apartments for Rent in the Downtown Amarillo Neighborhood of Amarillo, TX from $395 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Amarillo area of Amarillo.


1413 S Ong St, Unit B

Village Park Apartments

1112 S Hayden St

Badger on Jackson

Fircrest Apartments

1911 S Jackson St

Palo Duro Place Apartments in Amarillo TX
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.

The Wellington Apartments

611 N Mirror St

El Centro

Canterbury Apartments

Total Monthly Price
1209 SW 10th Ave, Unit Apt A

Commons at St Anthonys

Total Monthly Price
1614 S Hayden St, Unit #3

Amarillo Apartments
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.

Hollywood Apartments

Carmel Apartments

912 NE 9th Ave

Nelson Street Apartments

Wolfin Village

Patterson Place

Concord Apartments

La Jolla Apartments
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.

2713 SW 9th

903 N Polk St

Fillmore Lofts Apartment

Amarillo Gardens

1113 NW 21st Ave

Silver Oak Apartments

3001 Westhaven Dr

1215 N Highland St
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.

2225 S Tyler 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 | $699 | $499 | $900 |
| Downtown Amarillo 1 Bedroom Apartments | $767 | $550 | $995 |
| Downtown Amarillo 2 Bedroom Apartments | $974 | $675 | $1,245 |
| Downtown Amarillo 3 Bedroom Apartments | $1,213 | $815 | $1,510 |
Browse Apartments in this Neighborhood
There are currently 33 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Larsson | 1/1.00 | 1BR,1BA | $455 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $655 |
| Badger on Jackson | 1x1 | 1BR,1BA | $725 |
| 2713 SW 9th | 1BR/1.0BA | 1BR,1BA | $725 |
| Palo Duro Place Apartments in Amarillo TX | One Bedroom One Bath | 1BR,1BA | $766 |
| The Wellington Apartments | 1BD 1BA, sq ft 605 | 1BR,1BA | $780 |
| El Centro | 1 Bed, 1 bath | 1BR,1BA | $795 |
| Canterbury Apartments | 1x1 Upstairs | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkwood on 13th | 2bed | 2BR,2BA | $1.25 |
| 1209 SW 10th Ave, Unit Apt A | 1209 SW 10th Ave | 1BR,1BA | $1.18 |
| El Centro | 1 Bed, 1 bath | 1BR,1BA | $1.14 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
| The Larsson | 1/1.00 | 1BR,1BA | $0.70 |
| Palo Duro Place Apartments in Amarillo TX | One Bedroom One Bath | 1BR,1BA | $1.18 |
| Badger on Jackson | 1x1 | 1BR,1BA | $1.15 |
| The Wellington Apartments | 1BD 1BA, sq ft 605 | 1BR,1BA | $1.29 |
| Canterbury Apartments | 1x1 Upstairs | 1BR,1BA | $1.56 |
| 2713 SW 9th | 1BR/1.0BA | 1BR,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.
Read ArticleReal 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.
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 #5
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 $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

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.

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.

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.

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.