Cheap Homes for Rent in Downtown Amarillo Neighborhood of Amarillo, TX from $400 (4 Rentals)

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

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.

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.

Downtown Amarillo, Amarillo, TX Local Guide

Best Value Apartments for Rent in Downtown Amarillo, TX

As of April 06, 2026 the best value apartment in the Downtown Amarillo area is the $1.56 price per square foot 3 Beds, 1.5 baths Model at Buena Vista Apartments in the in the Plemons Historic District neighborhood starting from $1,482. The second greatest value Downtown Amarillo apartment is the 2BD 1BA, sq ft 880 Model at La Jolla Apartments starting at $875 with a $1.09 price per square foot in the Downtown Amarillo 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.
Buena Vista Apartments3 Beds, 1.5 baths3BR,1.5BA$1.56
La Jolla Apartments2BD 1BA, sq ft 8802BR,1BA$1.09
The Wellington1BD 1BA, sq ft 6931BR,1BA$1.23
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Patterson Place1BD 1BA1BR,1BA$0.95
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$1.16
Badger on Jackson1x11BR,1BA$1.15
Fircrest ApartmentsPhase Two 1BR/1BA1BR,1BA$1.21
411 S Florida St, Unit A411 S Florida St1BR,1BA$1.33

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.

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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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The 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.

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Cash 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.

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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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Frequently Asked Questions about Downtown Amarillo

What type of rentals are currently available in Downtown Amarillo?

There are currently 69 Apartments for Rent in Downtown Amarillo, TX with pricing that ranges from $550 to $1,700. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Amarillo ranging from $495 to $2,500.

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 $495 to $2,500 with an average monthly rent of $1,253.

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

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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.

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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.

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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.

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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.