2216 S Polk St
AmarilloTX79109
Cheap Homes for Rent in Panhandle, TX from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Panhandle.
612 SW 17th Ave
AmarilloTX79102
1912 NW 16th Ave
AmarilloTX79107
103 Estireno St
BorgerTX79007
501 Dolomita St
BorgerTX79007
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.
1405 N Seminole St
AmarilloTX79107
108 N Florida St
AmarilloTX79106
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$8061 Bedroom Apartments Available Now
601 Pecan Ave, Unit 801
601 Pecan AvePanhandle, TX 79068
1515 Orange St
AmarilloTX79107
1511 SE 11th Ave
AmarilloTX79102
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.
1220 N Nelson St
AmarilloTX79107
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Panhandle, TX Local Guide
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How much does it cost to rent a home in Panhandle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panhandle 2 Bedroom Homes for Rent | $1,076 | $695 | $2,500 |
| Panhandle 3 Bedroom Homes for Rent | $1,336 | $775 | $1,795 |
| Panhandle 4 Bedroom Homes for Rent | $1,900 | $1,250 | $2,550 |
Browse Top Homes for Rent in Panhandle
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silverleaf at Panhandle | A1 | 1BR,1BA | $467 |
| Schneider House | 1 Bed 1 Bath | 1BR,1BA | $550 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $655 |
| The Coachlight Apartments | EFFICIENCY | Studio,1BA | $695 |
| Amarillo Square Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $695 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reserves at Brookside | C3-60% | 3BR,2BA | $1.06 |
| Legacy Ridge Apartments | 2x2 | 2BR,2BA | $0.90 |
| Cypress Creek at Jason Avenue | Trinity | 2BR,2BA | $1.16 |
| Silverleaf at Panhandle | B1 | 2BR,1.5BA | $0.99 |
| Mariposa Jason Avenue 55+ Apartment Homes | A2 | 1BR,1BA | $1.01 |
| Paramount Square Apartments | 2 BD 1BA - 700 sq ft | 2BR,1BA | $1.14 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
| Brierwood Apartments | D | 1BR,1BA | $1.10 |
| Badger on Jackson | 1x1 | 1BR,1BA | $1.15 |
| Schneider House | 1 Bed 1 Bath | 1BR,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.
Read Article
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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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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Panhandle, TX Rentals by Map
See the most popular apartments and homes in Panhandle, TX
Frequently Asked Questions about Panhandle
What type of rentals are currently available in Panhandle?
There are currently 53 Apartments for Rent in Panhandle, TX with pricing that ranges from $430 to $2,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Panhandle ranging from $575 to $2,550.
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 $575 to $2,550 with an average monthly rent of $1,266.
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 $565 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $1,795. Four Bedroom Single-Family rentals are also available starting from $1,250 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
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.
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.
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.
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.