Last updated
Average Rent in Amarillo, TX & Rent Trends
Rent prices and market trends across 5 apartment communities in Amarillo, TX. Updated daily.
Market Average
$1,203/mo
▼ 2% from last month
Lowest Available
$944/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
7
available now
Rent by Neighborhood in Amarillo, TX
Compare average rent across Amarillo, TX neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Amarillo 79103 | $1,161 | $995 | 1 | 4 |
| Amarillo 79102 | $965 | $766 | 1 | 5 |
| Amarillo 79107 | $894 | $795 | 1 | 7 |
| Amarillo 79109 | $868 | $600 | 3 | 26 |
Is Rent Going Up or Down in Amarillo, TX?
As of May 2026, the average rent in Amarillo, TX is $1,203 per month across 5 apartment communities and 7 available units. Rents have decreased $20 (2%) over the past month.
The most affordable option is Palo Duro Place Apartments starting at $944/mo. By unit type, a 3-bedroom averages $1,203/mo.
Prices range from $944 to $1,500 per month. The most common price point is the $1,200 range, where 3 units are currently listed.
Amarillo, TX Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Amarillo, TX
Rent Prices by Apartment in Amarillo, TX
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Palo Duro Place Apartments | $944/mo | $1,089/mo | 3 | 4.1 |
| Cross Timbers at Grand Street Apartments | $1,044/mo | $1,044/mo | 1 | 3.5 |
| The Aspen Apartments | $1,242/mo | $1,242/mo | 1 | 4.2 |
| Glenwood Apartments | $1,365/mo | $1,365/mo | 1 | 3.7 |
| Blaze Real Estate | $1,500/mo | $1,500/mo | 1 | 4 |
Google Search Trends for Amarillo, TX Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Amarillo, TX
What is the average rent in Amarillo, TX?
Is rent going up or down in Amarillo, TX?
What is the cheapest apartment in Amarillo, TX?
How many apartments are available in Amarillo, TX?
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
$48,000/year
30 percent rule -- using our average rent of $1,203/mo.
Comfortable income
$58,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($944/mo), you need to earn at least $38,000/year.
Median household income in Amarillo, TX is $62,469 , about 8% 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) | $1,203 |
| Utilities | $333 |
| Groceries | $502 |
| Transportation | $793 |
| Healthcare | $387 |
| Other goods and services | $619 |
| Estimated total | $3,836/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.
Explore Amarillo, TX Apartments
Browse all 5 communities with daily-updated pricing and availability.