Cheap Apartments for Rent in the Downtown Amarillo Neighborhood of Amarillo, TX from $300 (20 Rentals)

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

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Amarillo Apartments
Studio to 1 Bedroom Apartments

Amarillo Apartments

2217 S Polk StAmarillo, TX 79109
  • Utilities Included
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The Larsson
1 Bedroom Apartments

The Larsson

2200 SW 7th AveAmarillo, TX 79106
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Hollywood Apartments
1 Bedroom Apartments

Hollywood Apartments

1601 S Buchanan StAmarillo, TX 79102
  • Utilities Included
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Carmel Apartments
Studio to 2 Bedroom Apartments

Carmel Apartments

1002 SW 11th AveAmarillo, TX 79101
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Wolfin Village
1 to 2 Bedroom Apartments

Wolfin Village

2301 S Austin StAmarillo, TX 79109
  • Utilities Included

Downtown Amarillo, Amarillo, TX Local Guide

Cheapest Available Downtown Amarillo Apartments for Rent

 

The cheapest available apartment rental in the Downtown Amarillo area of Amarillo, TX is a Studio unit found at The Parks at Granite priced from $625. CROSS TIMBERS AT GRAND STREET has the second lowest priced unit, which is a 1 Bed apartment currently listed from $644. Here are the most affordable Downtown Amarillo apartments for rent in Amarillo, TX:

Apartment ListingModel NameBed/BathPriced From
The Parks at Granite0 bedroom 1 bathroomStudio,1BA$625
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

Best Value Apartments for Rent in Downtown Amarillo, TX

As of April 26, 2025 the best value apartment in the Downtown 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 Downtown Amarillo apartment is the Three Bedroom Model at Cathys Pointe Apartments starting at $1,160 with a $1.04 price per square foot in the Dumas Junction neighborhood. Here is today’s list of the best values for Downtown Amarillo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North Grand Villas3B60-23BR,2BA$0.72
Cathys Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Cypress Creek at Jason AvenueTrinity2BR,2BA$1.01
Patterson Place1BD 1BA1BR,1BA$0.95
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Ridgecrest ApartmentsOne Bedroom, One Bath1BR,1BA$1.02
Amarillo Square Apartments1 Bedroom 1 Bathroom1BR,1BA$1.14
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$1.13
The Eddison1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$1.23
CROSS TIMBERS AT GRAND STREETA11BR,1BA$1.03

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Pet Friendly Lifestyle
Downtown Amarillo, Amarillo, TX

Ranked #4

Among neighborhoods in Amarillo, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Downtown Amarillo Neighborhood in Amarillo, TX

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Amarillo Apartments

What is the price of a cheap apartment in Downtown Amarillo?

The cheapest apartment in Downtown Amarillo is CROSS TIMBERS AT GRAND STREET which is listed at $644, while the average apartment in Downtown Amarillo costs $1,144.

What types of apartments are the cheapest in Downtown 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 31 regular apartments in Downtown 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 Downtown Amarillo?

Cheap apartments in Downtown Amarillo have an average cost of $749 which is $395 cheaper than the average rent for all rentals in Downtown 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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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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

Written by: Christine Leonard, Esq.

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.