Cheap Apartments for Rent in Panhandle, TX from $300 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Panhandle.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Hampton Villages
2 to 4 Bedroom Apartments

Hampton Villages

100 Hampton LnPampa, TX 79065
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Schneider House
1 to 2 Bedroom Apartments

Schneider House

120 S Russell StPampa, TX 79065
  • Utilities Included
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Patterson Place
1 to 2 Bedroom Apartments

Patterson Place

2609 Patterson DrAmarillo, TX 79109
  • Utilities Included

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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Harvest Park
2 to 3 Bedroom Apartments

Harvest Park

1011 E Harvester AvePampa, TX 79065
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Mockingbird Apartments
1 to 3 Bedroom Apartments

Mockingbird Apartments

3500 Mockingbird LnAmarillo, TX 79109
  • Utilities Included

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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Panhandle, TX Local Guide

Cheapest Available Panhandle Apartments for Rent and Nearby

 

The cheapest available apartment rental in Panhandle, TX is a 1 Bed unit found at Silverleaf at Panhandle priced from $467. Schneider House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Panhandle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Silverleaf at PanhandleA11BR,1BA$467
Schneider House1 Bed 1 Bath1BR,1BA$550
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
The Coachlight ApartmentsEFFICIENCYStudio,1BA$695
Amarillo Square Apartments1 Bedroom 1 Bathroom1BR,1BA$695
Candlewyck ApartmentsSmall EfficiencyStudio,1BA$705
Badger on Jackson1x11BR,1BA$725
Brierwood ApartmentsD1BR,1BA$725
Ashton Place ApartmentsSmall One Bedroom1BR,1BA$755
Commons at St AnthonysE8Studio,1BA$765

Best Value Apartments for Rent in Panhandle, TX and Nearby

As of June 08, 2026 the best value apartment in the Panhandle area is the $1.06 price per square foot C3-60% Model at Reserves at Brookside in the starting from $1,262. The second greatest value Panhandle 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 Panhandle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reserves at BrooksideC3-60%3BR,2BA$1.06
Legacy Ridge Apartments2x22BR,2BA$0.90
Cypress Creek at Jason AvenueTrinity2BR,2BA$1.16
Silverleaf at PanhandleB12BR,1.5BA$0.99
Mariposa Jason Avenue 55+ Apartment HomesA21BR,1BA$1.01
Paramount Square Apartments2 BD 1BA - 700 sq ft2BR,1BA$1.14
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Brierwood ApartmentsD1BR,1BA$1.10
Badger on Jackson1x11BR,1BA$1.15
Schneider House1 Bed 1 Bath1BR,1BA$0.92

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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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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Best Local Schools in
Panhandle, TX

School data provided by Great Schools

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

Explore Panhandle, TX Rentals by Map

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Frequently Asked Questions about Cheap Panhandle Apartments

What is the Cheapest Studio apartment in Panhandle?

Currently the most affordable Cheap Studio Apartment in Panhandle is at The Coachlight Apartments listed at $695.

How much is rent for a Cheap One Bedroom Panhandle Apartment?

The lowest price for a Cheap One Bedroom Panhandle Apartment is $467 at Silverleaf at Panhandle.

What is the lowest price for a Cheap Two Bedroom Panhandle Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Panhandle is starting from $795 at Paramount Square Apartments.

What is the most affordable Panhandle Three Bedroom Apartment?

The best deal on a cheap Panhandle Three Bedroom Apartment rental is at Amarillo Greentree Village and starts from $908.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.