Cheap Homes for Rent in Amarillo, TX from $575 (24 Rentals)

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

property at 1413 S Ong St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

Studio, 1 Bath Home for Rent

Available Now

1413 S Ong St, Unit B

1413 S Ong St
AmarilloTX79102

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 905 S Madison St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

905 S Madison St

AmarilloTX79101

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Amarillo, TX Local Guide

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 08/22/2026

Current apartment rentals in the Amarillo, TX area range in price from $499 to $1,850 with an overall median price of $906. The three Amarillo neighborhoods with the lowest median rent pricing are Llano Historic District at $725, Downtown Amarillo at $835, and Old San Jacinto at $850. 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$725$7007
Downtown Amarillo$835$49922
Old San Jacinto$850$499117
Wolflin Historic District$870$49940
Plemons Historic District$885$49937
Dumas Junction$900$70030
Route 66 District$925$499135
Soncy$1,000$62599

Cheapest Available Amarillo Apartments for Rent

 

The cheapest available apartment rental in Amarillo, TX is a 1 Bed unit found at The Larsson in the Plemons Historic District neighborhood priced from $455. The Aspen Apartments in the Plemons Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $614. Here is today’s list of the most affordable Amarillo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Larsson1/1.001BR,1BA$455
The Aspen ApartmentsAyers (1x1)1BR,1BA$614
Parks at Granite Apartments0 bedroom 1 bathroomStudio,1BA$625
Veranda Gardens0x1Studio,1BA$625
Westways1 Bedroom1BR,1BA$650

Best Value Apartments for Rent in Amarillo, TX

As of August 22, 2026 the best value apartment in the Amarillo area is the $0.79 price per square foot 7900 Upton Rd Model at 7900 Upton Rd, Unit 6 in the starting from $1,350. The second greatest value Amarillo apartment is the 2 Bedrooms, 2 Bathrooms Model at Ridgecrest Apartments starting at $815 with a $0.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7900 Upton Rd, Unit 67900 Upton Rd3BR,2BA$0.79
Ridgecrest Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$0.64
Quail Creek Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.00
Legacy Ridge Apartments2x22BR,2BA$0.90
Mariposa Jason Avenue 55+ Apartment HomesA21BR,1BA$1.01
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.08
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
The Larsson1/1.001BR,1BA$0.70
Cottonwood Apartments1-Bed 1-Bath1BR,1BA$1.06
The Aspen ApartmentsAyers (1x1)1BR,1BA$1.10

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Amarillo, TX

Ranked #190

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Amarillo

What type of rentals are currently available in Amarillo?

There are currently 183 Apartments for Rent in Amarillo, TX with pricing that ranges from $499 to $1,900. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Amarillo ranging from $575 to $6,995.

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 $575 to $6,995 with an average monthly rent of $1,880.

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 $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,200 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.