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Rental Market Trends in Amarillo, TX

What is the average rent in Amarillo, TX?

$854/month

Average Rent

662 Sq Ft

Average Apartment Size

+3.7%

Increase in the Last Year

As of December 2025, the average rent in Amarillo, TX is $854 per month. This is 48% lower than the national average rent of $1,631/month, making renting in Amarillo more affordable than most cities in the US. When you rent an apartment in Amarillo, you can expect to pay about $632 per month for a studio, $854 for a one-bedroom apartment, and around $1,090 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,341 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$632/month
438 Sq Ft
One Bedroom
$854/month
662 Sq Ft
Two Bedroom
$1,090/month
956 Sq Ft
Three Bedroom
$1,341/month
1,240 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,088/month
708 Sq Ft
Three Bedroom
$1,829/month
1,379 Sq Ft
Four Bedroom
$2,160/month
1,834 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,139/month
657 Sq Ft

How much has average rent changed in Amarillo, TX?

In the past year, rent has increased by 3.7%, which averages out to $32 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Amarillo, TX
Last Updated December 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Amarillo, TX
Percentage*
Rent Range
21% Below $700/month
45% $700 - $1,000/month
28% $1,001 - $1,500/month
4% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Amarillo?

Based on current rent prices, Western Plateau is the most affordable neighborhood in Amarillo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Plateau
$698/month
603 Sq Ft

What are the most expensive neighborhoods in Amarillo?

Based on current rent prices, Western Plateau is the most expensive neighborhood in Amarillo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Plateau
$698/month
603 Sq Ft

Which Amarillo neighborhoods have the most rentals available?

The neighborhood in Amarillo with the most apartments available is Western Plateau .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Plateau
$698/month
603 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Amarillo is $854, you’ll want to make about $2,846 per month or $34,152 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Amarillo, TX is 17.0% lower than the national average. Generally, housing in Amarillo is 40.1% less expensive than the national average, with rent falling between $632 - $1,341. You can expect to pay 5.5% less for groceries, 12.0% less for utilities, and 10.1% less for transportation.

City

Amarillo, TX

1,368 Available Apartments for Rent

Search for Nearby Apartments

How does Amarillo, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Amarillo, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Amarillo, TX

Apartment Averages

Western Plateau

Amarillo, TX

Western Plateau

Amarillo, TX

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Search
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Apartment communities in Amarillo we think you'll love

Summit Park

Summit Park

4402 Bell St,
Amarillo, TX 79109

$825 - $1,350

1-3 Beds

River Falls Apartments

River Falls Apartments

6040 Belpree Rd,
Amarillo, TX 79106

$845 - $1,150

1-2 Beds

The Aspen Apartments

The Aspen Apartments

4615 S Virigina St,
Amarillo, TX 79109

$598 - $1,586

1-3 Beds

Village Park Apartments

Village Park Apartments

3118 W 15th Ave,
Amarillo, TX 79102

$850 - $950

2-3 Beds

Property Management Companies in Amarillo, TX

Tigris Holdings, LLC
Tigris Holdings, LLC
  • 20

    Communities

  • 4,321

    Units

  • 4

    Cities

6 Communities in Amarillo
Case & Associates
Case & Associates
  • 68

    Communities

  • 20,670

    Units

  • 22

    Cities

3 Communities in Amarillo
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 312

    Communities

  • 76,689

    Units

  • 143

    Cities

2 Communities in Amarillo
Sunridge Management Group Inc
Sunridge Management Group Inc
  • 74

    Communities

  • 13,745

    Units

  • 55

    Cities

2 Communities in Amarillo
Haley Communities
Haley Communities
  • 40

    Communities

  • 8,319

    Units

  • 33

    Cities

2 Communities in Amarillo
Zimmerman Properties
Zimmerman Properties
  • 18

    Communities

  • 2,212

    Units

  • 12

    Cities

2 Communities in Amarillo
Bonner Carrington
Bonner Carrington
  • 17

    Communities

  • 3,240

    Units

  • 9

    Cities

2 Communities in Amarillo
Strategic Properties
Strategic Properties
  • 10

    Communities

  • 1,651

    Units

  • 9

    Cities

2 Communities in Amarillo

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United States Texas Amarillo Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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