Cheap Homes for Rent in Amarillo, TX from $600 (50 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.

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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.

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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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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.

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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.

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Amarillo, TX Local Guide

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 11/17/2025

Current apartment rentals in the Amarillo, TX area range in price from $430 to $2,990 with an overall median price of $1,248. The three Amarillo neighborhoods with the lowest median rent pricing are Llano Historic District at $725, Downtown Amarillo at $430, and Plemons Historic District at $430. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Llano Historic District$1,050$7259
Downtown Amarillo$1,109$430102
Plemons Historic District$1,109$430147
Wolflin Historic District$1,109$58379
Soncy$1,165$62571
Dumas Junction$1,482$430102
Old San Jacinto$1,482$430132
Route 66 District$1,482$430155

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 $583. 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$583
Veranda Gardens0x1Studio,1BA$625
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Coulter Landing ApartmentsOne bedroom1BR,1BA$675
The Park at 54th ApartmentsOne Bedroom1BR,1BA$675
Amarillo Square Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Ridgecrest ApartmentsOne Bedroom, One Bath1BR,1BA$695
Axiom at 51stA1 1x1Axiom at 51st1BR,1BA$695

Best Value Apartments for Rent in Amarillo, TX

As of November 17, 2025 the best value apartment in the Amarillo area is the $0.88 price per square foot 1220 W 16th Ave Model at 1220 W 16th Ave, Unit 2 in the in the Plemons Historic District neighborhood starting from $1,050. The second greatest value Amarillo apartment is the 1511 S Ong St Model at 1511 S Ong St, Unit 1 starting at $850 with a $0.71 price per square foot in the Plemons Historic District 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.
1220 W 16th Ave, Unit 21220 W 16th Ave2BR,1BA$0.88
1511 S Ong St, Unit 11511 S Ong St1BR,1BA$0.71
Cathy's Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Legacy Ridge Apartments2x22BR,2BA$0.90
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.88
100 S Fairmont St, Unit 1- A- front100 S Fairmont St2BR,1BA$0.94
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Ridgecrest ApartmentsOne Bedroom, One Bath1BR,1BA$1.02
Coulter Landing ApartmentsOne bedroom1BR,1BA$1.02
The Aspen ApartmentsAyers (1x1)1BR,1BA$1.04

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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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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Amarillo, TX
Population: 199,924

Ranked #117

in US Census Population by City

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Pet Friendly Lifestyle
Amarillo, TX

Ranked #84

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Amarillo, TX

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Frequently Asked Questions about Amarillo

What type of rentals are currently available in Amarillo?

There are currently 184 Apartments for Rent in Amarillo, TX with pricing that ranges from $430 to $2,990. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Amarillo ranging from $650 to $3,495.

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 $650 to $3,495 with an average monthly rent of $1,474.

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 $934 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,295. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,400.

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.