Cheap Homes for Rent in Amarillo, TX from $600 (43 Rentals)

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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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Amarillo, TX Local Guide

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 01/02/2026

Current apartment rentals in the Amarillo, TX area range in price from $650 to $2,600 with an overall median price of $1,636. The three Amarillo neighborhoods with the lowest median rent pricing are Old San Jacinto at $650, Downtown Amarillo at $650, and Llano Historic District at $875. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Old San Jacinto$1,072$6507
Downtown Amarillo$1,450$65016
Llano Historic District$1,450$87517
Plemons Historic District$1,450$9003
Wolflin Historic District$1,450$75022
Dumas Junction$1,522$90021
Soncy$2,095$1,7006
Route 66 District$2,600$65038

Cheapest Available Amarillo Apartments for Rent

 

The cheapest available apartment rental in Amarillo, TX is a Studio unit found at Commons at St Anthonys in the Plemons Historic District neighborhood priced from $430. The Aspen Apartments in the Plemons Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Amarillo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Commons at St AnthonysE1Studio,1BA$430
The Aspen ApartmentsAyers (1x1)1BR,1BA$575
Veranda Gardens0x1Studio,1BA$625
The Parks at Granite Apartments0 bedroom 1 bathroomStudio,1BA$625
Cottonwood Apartments1-Bed 1-Bath1BR,1BA$650
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
North Grand Villas2 Beds, 2 baths2BR,2BA$659
Axiom at 51stA1 1x1Axiom at 51st1BR,1BA$665
The Park at 54th ApartmentsOne Bedroom1BR,1BA$675
Amarillo Square Apartments1 Bedroom 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Amarillo, TX

As of January 03, 2026 the best value apartment in the Amarillo area is the $0.80 price per square foot 1102 S Western St Model at 1102 S Western St, Unit A in the in the Plemons Historic District neighborhood starting from $1,300. The second greatest value Amarillo apartment is the 3 Beds, 2 baths Model at North Grand Villas starting at $916 with a $0.72 price per square foot in the Dumas Junction neighborhood. Here is today’s list of the best values for Amarillo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1102 S Western St, Unit A1102 S Western St3BR,2BA$0.80
North Grand Villas3 Beds, 2 baths3BR,2BA$0.72
Cathy's Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Legacy Ridge Apartments2x22BR,2BA$0.90
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.88
Country Club Villas in Amarillo TXVictorian Cottage2BR,2BA$1.09
Summit ParkA11BR,1BA$1.09
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Cottonwood Apartments1-Bed 1-Bath1BR,1BA$1.06
The Aspen ApartmentsAyers (1x1)1BR,1BA$1.03

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Amarillo, TX Rentals by Map

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Frequently Asked Questions about Amarillo

What type of rentals are currently available in Amarillo?

There are currently 185 Apartments for Rent in Amarillo, TX with pricing that ranges from $430 to $2,000. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Amarillo ranging from $625 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 $625 to $4,000 with an average monthly rent of $1,517.

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 $916 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $857.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!