Cheap Apartments for Rent in Panhandle, TX from $400 (26 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Schneider House
1 to 2 Bedroom Apartments

Schneider House

120 S Russell StPampa, TX 79065
  • Utilities Included
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Axiom at Bell
Studio to 2 Bedroom Apartments

Axiom at Bell

1550 Bell StAmarillo, TX 79106
  • Utilities Included

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Panhandle, TX Local Guide

Cheapest Available Panhandle Apartments for Rent and Nearby

 

The cheapest available apartment rental in Panhandle, TX is a 1 Bed unit found at Schneider House priced from $550. Reserve @ 47 in the Wolflin Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Panhandle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Schneider House1BR/1.0BA1BR,1BA$550
Reserve @ 47A31BR,1BA$600
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
Candlewyck ApartmentsSmall EfficiencyStudio,1BA$695
Ridgecrest ApartmentsOne Bedroom, One Bath1BR,1BA$695
The Coachlight Apartments1X11BR,1BA$699
The Aspen ApartmentsAyers (1x1)1BR,1BA$713

Best Value Apartments for Rent in Panhandle, TX and Nearby

As of May 15, 2025 the best value apartment in the Panhandle 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 Panhandle apartment is the 3 bed/2 bath Model at The Reserves at Brookside starting at $937 with a $0.79 price per square foot . Here is today’s list of the best values for Panhandle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North Grand Villas3B60-23BR,2BA$0.72
The Reserves at Brookside3 bed/2 bath3BR,2BA$0.79
Cathys Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Cypress Creek at Jason AvenueTrinity2BR,2BA$1.01
The Parks at Granite Apartments2 bedroom 2 bathroom2BR,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
CROSS TIMBERS AT GRAND STREETA11BR,1BA$1.03
Schneider House1BR/1.0BA1BR,1BA$0.92

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Getting Around Panhandle, TX

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Panhandle Apartments

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

The lowest price for a Cheap One Bedroom Panhandle Apartment is $550 at Schneider House.

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

Today's best deal for a Cheap Two Bedroom Apartment in Panhandle is starting from $650 at Schneider House.

What is the most affordable Panhandle Three Bedroom Apartment?

The best deal on a cheap Panhandle Three Bedroom Apartment rental is at North Grand Villas and starts from $916.

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 Budget: Calculating What You Can Realistically Afford When Renting

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.