Cheap Apartments for Rent in Amarillo, TX from $300 (89 Rentals)

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

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property at 312 SW 42nd Ave

312 SW 42nd Ave

AmarilloTX79110
property at 1908 Wisdom Dr

1908 Wisdom Dr

AmarilloTX79106
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Amarillo, TX Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 04/28/2025

Current apartment rentals in the Amarillo, TX area range in price from $299 to $2,450 with an overall median price of $1,274. The three Amarillo neighborhoods with the lowest median rent pricing are Plemons Historic District at $700, Downtown Amarillo at $625, and Dumas Junction at $635. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Plemons Historic District$895$7003
Downtown Amarillo$1,144$62588
Dumas Junction$1,160$63564
Wolflin Historic District$1,312$55085
Old San Jacinto$1,342$40542
Route 66 District$1,342$299116
Llano Historic District$1,375$63532
Soncy$1,628$29941

Cheapest Available Amarillo Apartments for Rent

 

The cheapest available apartment rental in Amarillo, TX is a 1 Bed unit found at Amarillo Med Hotel in the Soncy neighborhood priced from $299. Veranda Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $594. Here is today’s list of the most affordable Amarillo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Amarillo Med HotelDouble Bed1BR,1BA$299
Veranda Gardens0x1Studio,1BA$594
Reserve @ 47A31BR,1BA$600
The Parks at Granite0 bedroom 1 bathroomStudio,1BA$625
Candlewyck ApartmentsSmall EfficiencyStudio,1BA$635
CROSS TIMBERS AT GRAND STREETA11BR,1BA$644
Patterson Place1BD 1BA1BR,1BA$655
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
North Grand Villas2B60-22BR,2BA$659
The Park at 54th ApartmentsOne Bedroom1BR,1BA$675

Best Value Apartments for Rent in Amarillo, TX

As of April 28, 2025 the best value apartment in the Amarillo area is the $0.72 price per square foot 3B60-2 Model at North Grand Villas in the in the Dumas Junction neighborhood starting from $916. The second greatest value Amarillo apartment is the B2 Model at Mariposa at Jason Avenue starting at $1,057 with a $0.97 price per square foot in the Dumas Junction 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.
North Grand Villas3B60-23BR,2BA$0.72
Mariposa at Jason AvenueB22BR,2BA$0.97
Cypress Creek at Jason AvenueTrinity2BR,2BA$1.01
10109 River Rd, Unit A10109 River RdStudio ,1BA$1.00
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.02
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Patterson Place1BD 1BA1BR,1BA$0.95
Ridgecrest ApartmentsOne Bedroom, One Bath1BR,1BA$1.02
CROSS TIMBERS AT GRAND STREETA11BR,1BA$1.03
Amarillo Med HotelDouble Bed1BR,1BA$0.75

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Amarillo Overview

Located in the Panhandle of Texas, Amarillo is known for the natural attractions that surround the city as well as the cowboy history and feel that is present throughout the area. If you are a fan of historical beauty, or just the country lifestyle, an apartment in Amarillo may be the choice for you.

Why live in Amarillo, TX?

There is not only a lot to do in Amarillo but it is, an extremely family friendly place to live. They have everything from an amusement park, to horseback riding, to sports, to museums and are known for having some of the friendliest neighbors around. The town's history and roots are apparent everywhere you go, but don't think of Amarillo as a sleepy town, as the town's many attractions draw visitors from all over throughout the year.

Pet Friendly Lifestyle
Amarillo, TX

Ranked #156

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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Getting Around Amarillo, TX

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

19 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Amarillo Apartments

What is a cheap apartment in Amarillo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Amarillo is under $675.

What is the price of a cheap apartment in Amarillo?

The cheapest apartment in Amarillo is Amarillo Med Hotel which is listed at $299, while the average apartment in Amarillo costs $1,274.

What types of apartments are the cheapest in Amarillo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 100 regular apartments in Amarillo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Amarillo?

Cheap apartments in Amarillo have an average cost of $604 which is $670 cheaper than the average rent for all rentals in Amarillo.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

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Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.