
Cheap Homes for Rent near Panhandle, TX from $650 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Panhandle.


3702 S Polk St

103 Estireno St

501 Dolomita St
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.

1405 Dunaway St

1113 NW 21st Ave

1341 NW 10th Ave

2225 S Tyler St
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.

1414 Dunaway St
Panhandle, TX Local Guide

How much does it cost to rent a home in Panhandle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panhandle 2 Bedroom Homes for Rent | $1,145 | $879 | $1,400 |
| Panhandle 3 Bedroom Homes for Rent | $1,727 | $775 | $3,195 |
| Panhandle 4 Bedroom Homes for Rent | $1,615 | $1,195 | $2,450 |
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Panhandle, TX Local Guide
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Cheapest Available Panhandle Apartments for Rent and Nearby
 The cheapest available apartment rental in Panhandle, TX is a 1 Bed unit found at The Larsson in the Downtown Amarillo neighborhood priced from $455. Silverleaf at Panhandle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $467. Here is today’s list of the most affordable Panhandle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Larsson | 1/1.00 | 1BR,1BA | $455 |
| Silverleaf at Panhandle | A1 | 1BR,1BA | $467 |
| Parks at Granite Apartments | 0 bedroom 1 bathroom | Studio,1BA | $625 |
Best Value Apartments for Rent in Panhandle, TX and Nearby
As of September 06, 2026 the best value apartment in the Panhandle area is the $0.78 price per square foot 2 Bedroom Model at Cypress Creek Jason Avenue in the in the Dumas Junction neighborhood starting from $948. The second greatest value Panhandle apartment is the 2 Bedrooms, 2 Bathrooms Model at Quail Creek Apartments starting at $1,055 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cypress Creek Jason Avenue | 2 Bedroom | 2BR,2BA | $0.78 |
| Quail Creek Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.00 |
| Legacy Ridge Apartments | 2x2 | 2BR,2BA | $0.90 |
| Country Club | 2 Bedrooms, 1.5 Bathrooms | 2BR,1.5BA | $0.88 |
| Silverleaf at Panhandle | B1 | 2BR,1.5BA | $0.99 |
| Reserve @ 47 | B2 | 2BR,2BA | $1.10 |
| Mariposa Jason Avenue 55+ Apartment Homes | A2 | 1BR,1BA | $1.01 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
| Ridgecrest Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.02 |
| The Larsson | 1/1.00 | 1BR,1BA | $0.70 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
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.
Best Local Schools in Panhandle, TX
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Frequently Asked Questions about Panhandle
What type of rentals are currently available in Panhandle?
There are currently 54 Apartments for Rent in Panhandle, TX with pricing that ranges from $467 to $1,820. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panhandle ranging from $650 to $3,195.
What is the current price range for Rental Homes in Panhandle?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Panhandle ranges from $650 to $3,195 with an average monthly rent of $1,501.
How much are larger Three and Four Bedroom Rentals in Panhandle?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Panhandle range from $635 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $3,195. Four Bedroom Single-Family rentals are also available starting from $1,195 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.