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Average Rent in Amarillo, TX

16 apartment buildings, 220 units. Real asking prices, refreshed daily. 12 more available with Average Rent Pro

Avg Rent

$806/mo

Cheapest

$640/mo

Properties

16

Units

220

Amarillo, TX Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 16 properties in Amarillo, TX.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Amarillo, TX Rent Prices

All 16 properties ranked by lowest available rent.

#1 2.9 (33)

Village Park Apartments

3118 SW 15th Ave, Amarillo, TX 79102, USA

From $640/mo
Avg $702 140 units
#2 2.9 (45)

LEMC Realty

506 S Lipscomb St, Amarillo, TX 79101, USA

From $645/mo
Avg $712 3 units
#3 3.5 (124)

The Reserve at Forty-Seven

4711 S Virginia St, Amarillo, TX 79109, USA

From $660/mo
Avg $926 20 units
#4 4.2 (29)

Bel-Aire/Fairway Apartments

703 S Independence St, Amarillo, TX 79106, USA

From $695/mo
Avg $695 1 units
#5 4.5 (162)

Little Armadillo Apartments

1524 Bell St, Amarillo, TX 79106, USA

From $725/mo
Avg $820 8 units
#6 4.5 (142)

Amarillo Square Apartments

4210 Paramount Blvd, Amarillo, TX 79109, USA

From $750/mo
Avg $758 3 units
#7 4.1 (135)

Palo Duro Place Apartments

1025 S Virginia St, Amarillo, TX 79102, USA

From $766/mo
Avg $992 7 units

Explore Each Property

Village Park Apartments apartments in Amarillo, TX

Village Park Apartments

2.9 (33)

3118 SW 15th Ave, Amarillo, TX 79102, USA

From $640/mo
140 units
LEMC Realty apartments in Amarillo, TX

LEMC Realty

2.9 (45)

506 S Lipscomb St, Amarillo, TX 79101, USA

From $645/mo
3 units
The Reserve at Forty-Seven apartments in Amarillo, TX

The Reserve at Forty-Seven

3.5 (124)

4711 S Virginia St, Amarillo, TX 79109, USA

From $660/mo
20 units
Bel-Aire/Fairway Apartments apartments in Amarillo, TX

Bel-Aire/Fairway Apartments

4.2 (29)

703 S Independence St, Amarillo, TX 79106, USA

From $695/mo
1 units
Little Armadillo Apartments apartments in Amarillo, TX

Little Armadillo Apartments

4.5 (162)

1524 Bell St, Amarillo, TX 79106, USA

From $725/mo
8 units
Amarillo Square Apartments apartments in Amarillo, TX

Amarillo Square Apartments

4.5 (142)

4210 Paramount Blvd, Amarillo, TX 79109, USA

From $750/mo
3 units

Amarillo, TX Average Rent Prices 2026

The average rent in Amarillo, TX is $806 per month, based on 220 units across 16 apartment communities. Prices range from $640 at Village Park Apartments to $1,240 at Boulder Bay Apartments.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $983/mo $979/mo 2
1 Bed $896/mo $645/mo 41
2 Bed $756/mo $640/mo 157
3 Bed $1,000/mo $790/mo 20

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Amarillo, TX, and what they pay

Tracked one-bedroom rent in Amarillo, TX averages $896/mo, with two-bedroom units averaging $756/mo. At the local median household income of $62,469, that works out to 15% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Amarillo, TX at $1,049/mo. The current tracked market average runs 23% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Amarillo, TX while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Amarillo, TX?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$32,000/year

Based on the 30 percent rule, using our tracked average rent of $806/mo.

Comfortable income

$39,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($640/mo), you need to earn at least $26,000/year.

Median household income in Amarillo, TX is $62,469 , about 61% above the comfortable-living threshold.

Cost of living in Amarillo, TX

Overall prices in Amarillo, TX runs below the national average by about 9% (BEA Regional Price Parity index 91.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Amarillo, TX's regional price parities.

Category Monthly estimate
Rent (market average) $806
Utilities $333
Groceries $502
Transportation $793
Healthcare $387
Other goods and services $619
Estimated total $3,439/mo

Population

200,945

Median household income

$62,469

Census median rent

$1,049/mo

Rent as % of income

27.9%

Median age

35.0

Mean commute

19 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Texas

How Amarillo, TX rent compares to other markets in the state.

City Avg Rent vs Amarillo, TX Properties
Addison, TX $1,622 +101% 311
Austin, TX $2,034 +152% 186
Dallas, TX $1,793 +122% 158
Houston, TX $2,250 +179% 70
Lewisville, TX $1,585 +97% 54
Arlington, TX $1,391 +73% 54

Frequently asked questions

What is the average rent in Amarillo, TX?

The average rent in Amarillo, TX is $806 per month, based on 220 units across 16 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Amarillo, TX?

The lowest available rent in Amarillo, TX starts at $640 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Amarillo, TX?

1-bedroom apartments in Amarillo, TX average $896/mo. The lowest listed 1-bedroom starts at $645/mo across 41 units tracked.

How much is a 2-bedroom apartment in Amarillo, TX?

2-bedroom apartments in Amarillo, TX average $756/mo. Units start from $640/mo across 157 units currently listed.

Rent Trends in Amarillo, TX

Track how apartment prices are changing over time.

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