
Cheap Homes for Rent in Amarillo, TX from $500 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Amarillo.


3723 Fountain Terrace

1312 Parker St

302 N Forest St

704 S Cleveland St

1411 S Ong St

1111 SW 13th Ave
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.

4226 SW 2nd Ave

3008 Westhaven Dr

8403 US-287

3100 S Tyler St

2213 Hickory St

802 S Kentucky St

1501 S Avondale St
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.

4226 SW 2nd Ave

2718 Duncan Dr

2211 S Polk St

20020 Simmons Pl

4242 SW 10th Ave

8405 N U.s. 287

2650 Claude Rd
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.

2108 Busher Ln

3704 S Tyler St
Amarillo, TX Local Guide

How much does it cost to rent a home in Amarillo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Amarillo 2 Bedroom Homes for Rent | $1,207 | $795 | $2,500 |
| Amarillo 3 Bedroom Homes for Rent | $1,838 | $895 | $2,700 |
| Amarillo 4 Bedroom Homes for Rent | $2,841 | $1,250 | $4,000 |
| Amarillo 5 Bedroom Homes for Rent | $1,585 | $1,295 | $1,875 |
Browse Top Homes for Rent in Amarillo
Explore Amarillo
Amarillo, TX Local Guide
- Amarillo Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Amarillo, TX
Pricing Updated: 04/08/2026Current apartment rentals in the Amarillo, TX area range in price from $550 to $1,846 with an overall median price of $1,234. The three Amarillo neighborhoods with the lowest median rent pricing are Llano Historic District at $550, Downtown Amarillo at $550, and Plemons Historic District at $550. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Llano Historic District | $845 | $550 | 6 |
| Downtown Amarillo | $1,154 | $550 | 29 |
| Plemons Historic District | $1,170 | $550 | 58 |
| Wolflin Historic District | $1,170 | $550 | 64 |
| Dumas Junction | $1,194 | $550 | 23 |
| Soncy | $1,375 | $625 | 132 |
| Old San Jacinto | $1,482 | $595 | 118 |
| Route 66 District | $1,482 | $550 | 148 |
Cheapest Available Amarillo Apartments for Rent
 The cheapest available apartment rental in Amarillo, TX is a Studio unit found at Parks at Granite Apartments in the Soncy neighborhood priced from $625. Westways has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Amarillo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parks at Granite Apartments | 0 bedroom 1 bathroom | Studio,1BA | $625 |
| Westways | 1 Bedroom | 1BR,1BA | $650 |
| Cottonwood Apartments | 1-Bed 1-Bath | 1BR,1BA | $650 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $655 |
| Patterson Place | 1BD 1BA | 1BR,1BA | $655 |
Best Value Apartments for Rent in Amarillo, TX
As of April 09, 2026 the best value apartment in the Amarillo area is the $1.04 price per square foot Three Bedroom Model at Cathy's Pointe Apartments in the in the Dumas Junction neighborhood starting from $1,160. The second greatest value Amarillo apartment is the 2x2 Model at Legacy Ridge Apartments starting at $950 with a $0.90 price per square foot in the Soncy neighborhood. Here is today’s list of the best values for Amarillo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cathy's Pointe Apartments | Three Bedroom | 3BR,2BA | $1.04 |
| Legacy Ridge Apartments | 2x2 | 2BR,2BA | $0.90 |
| Country Club | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.88 |
| Veranda Gardens | 2x2 | 2BR,2BA | $0.79 |
| CROSS TIMBERS AT GRAND STREET | B1 | 2BR,2BA | $1.00 |
| Hunter's Crossing Apartments | 1BD 1BA | 1BR,1BA | $1.08 |
| Patterson Place | 1BD 1BA | 1BR,1BA | $0.95 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
| Coulter Landing Apartments | One bedroom | 1BR,1BA | $1.02 |
| Cottonwood Apartments | 1-Bed 1-Bath | 1BR,1BA | $1.06 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 LifestyleAmarillo, TX
Ranked #127
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Amarillo, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Amarillo, TX Rentals by Map
See the most popular apartments and homes in Amarillo, TX
Frequently Asked Questions about Amarillo
What type of rentals are currently available in Amarillo?
There are currently 179 Apartments for Rent in Amarillo, TX with pricing that ranges from $550 to $2,000. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Amarillo ranging from $550 to $4,000.
What is the current price range for Rental Homes in Amarillo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Amarillo ranges from $550 to $4,000 with an average monthly rent of $1,634.
How much are larger Three and Four Bedroom Rentals in Amarillo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Amarillo range from $754 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $907.
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

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.

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.

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.

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.