Cheap Apartments for Rent in Amarillo, TX from $300 (86 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1312 Parker St
$6741 Bedroom, 1 Bath RentalsAvailable Apr 25

1312 Parker St

Amarillo, TX 79102
View Details
close
View Me
1313 Evergreen St
$6752 Bedroom, 1 Bath RentalsAvailable Now

1313 Evergreen St

Amarillo, TX 79107
View Details
close
View Me
1908 Wisdom Dr
$7901 Bedroom, 1 Bath RentalsAvailable Now

1908 Wisdom Dr

Amarillo, TX 79106
View Details
close
View Me
Amarillo Apartments
Studio to 1 Bedroom Apartments

Amarillo Apartments

2217 S Polk StAmarillo, TX 79109
Utilities inc.
close
View Me
The Larsson
1 Bedroom Apartments

The Larsson

2200 SW 7th AveAmarillo, TX 79106

Amarillo, TX Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Amarillo, TX

Pricing Updated: 02/25/2025

Current apartment rentals in the Amarillo, TX area range in price from $299 to $2,776 with an overall median price of $1,283. The three Amarillo neighborhoods with the lowest median rent pricing are Downtown Amarillo at $595, Dumas Junction at $624, and Plemons Historic District at $594. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Amarillo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Amarillo$1,155$5955231
Dumas Junction$1,160$6244156
Plemons Historic District$1,211$5942945
Llano Historic District$1,306$6501473
Wolflin Historic District$1,326$5953021
Old San Jacinto$1,342$5802496
Route 66 District$1,342$2994852
Soncy$1,429$299706

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 in the Plemons Historic District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $525. 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$525
The Aspen ApartmentsAyers (1x1)1BR,1BA$608
CROSS TIMBERS AT GRAND STREETA11BR,1BA$624
The Coachlight ApartmentsEFFICIENCYStudio,1BA$650
Candlewyck ApartmentsSmall EfficiencyStudio,1BA$650
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Patterson Place1BD 1BA1BR,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 February 25, 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
Colonial JamestownB2TH2BR,1.5BA$1.03
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.83
The Aspen ApartmentsDaffodil (2x1)2BR,1BA$0.93
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.02
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Patterson Place1BD 1BA1BR,1BA$0.95
CROSS TIMBERS AT GRAND STREETA11BR,1BA$1.00
Amarillo Med HotelDouble Bed1BR,1BA$0.75

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.

decorative image of people with a giant lease agreement

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 #129

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Amarillo, TX Rentals by Map

View MapAmarillo, TX Apartments MapView MapAmarillo, TX Rental Homes Map

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

Frequently Asked Questions about Cheap Amarillo Apartments

What is the Cheapest Studio apartment in Amarillo?

Currently the most affordable Cheap Studio Apartment in Amarillo is at Veranda Gardens listed at $525.

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

The lowest price for a Cheap One Bedroom Amarillo Apartment is $299 at Amarillo Med Hotel.

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

Today's best deal for a Cheap Two Bedroom Apartment in Amarillo is starting from $659 at North Grand Villas.

What is the most affordable Amarillo Three Bedroom Apartment?

The best deal on a cheap Amarillo Three Bedroom Apartment rental is at Palo Duro Place Apartments in Amarillo TX and starts from $884.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.