Cheap Homes for Rent in Downtown Amarillo Neighborhood of Amarillo, TX from $300 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-13, 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 Concord Apartments priced from $655. Palo Duro Place Apartments in Amarillo TX has the second lowest priced unit, which is a 1 Bed apartment currently listed from $746. Here are the most affordable Downtown Amarillo apartments for rent in Amarillo, TX:

Apartment ListingModel NameBed/BathPriced From
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$746
Badger on Jackson1x11BR,1BA$775
Canterbury Apartments1x1 Downstairs1BR,1BA$780
The Wellington1BD 1BA, sq ft 6701BR,1BA$790

Best Value Apartments for Rent in Downtown Amarillo, TX

As of July 16, 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 #1140 Model at Residence at 600 starting at $2,990 with a $1.78 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2042 S Washington St, Unit A2042 S Washington St3BR,3BA$0.85
Residence at 600#11402BR,2BA$1.78
Buena Vista Apartments3 Beds, 1.5 baths3BR,1.5BA$1.56
The Wellington1BD 1BA, sq ft 6931BR,1BA$1.23
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$1.15
Badger on Jackson1x11BR,1BA$1.22
Canterbury Apartments1x1 Upstairs1BR,1BA$1.43

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Downtown Amarillo

What type of rentals are currently available in Downtown Amarillo?

There are currently 75 Apartments for Rent in Downtown Amarillo, TX with pricing that ranges from $599 to $2,990. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Amarillo ranging from $300 to $2,410.

What is the current price range for Rental Homes in Downtown Amarillo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Amarillo ranges from $300 to $2,410 with an average monthly rent of $1,099.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.