River Falls Apartments
6040 Belpree Rd,
Amarillo, TX 79106
1-2 Beds | $845 - $1,115
Rental Market Trends in Amarillo, TX
What is the average rent in Amarillo, TX?
$845/month
Average Rent
662 Sq Ft
Average Apartment Size
+2.6%
Increase in the Last Year
As of July 2025, the average rent in Amarillo, TX is $845 per month. This is 48% lower than the national average rent of $1,637/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 $634 per month for a studio, $845 for a one-bedroom apartment, and around $1,084 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,329 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Amarillo, TX?
In the past year, rent has increased by 2.6%, which averages out to $22 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 July 2025
Legend
2024
2025
Rent Ranges in Amarillo, TX
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
21%
Below $700/month
47%
$700 - $1,000/month
26%
$1,001 - $1,500/month
4%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Amarillo?
Based on current rent prices, Western Plateau is the most affordable neighborhood in Amarillo.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Amarillo?
Based on current rent prices, Western Plateau is the most expensive neighborhood in Amarillo.
Neighborhood
Average Rent
Average Sq Ft
Which Amarillo neighborhoods have the most rentals available?
The neighborhood in Amarillo with the most apartments available is Western Plateau .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Amarillo, TX?
Because the average rent in Amarillo is $845, you’ll want to make about $2,816 per month or $33,792 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 39.3% less expensive than the national average, with rent falling between $634 - $1,329. You can expect to pay 5.9% less for groceries, 11.2% less for utilities, and 14.0% less for transportation.
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.
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Apartment communities in Amarillo we think you'll love
Property Management Companies in Amarillo, TX
Tigris Holdings, LLC
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20
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4,321
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Case & Associates
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Monarch Investment and Management Group
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306
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Haley Communities
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41
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Zimmerman Properties
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21
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2,836
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14
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Strategic Properties
-
15
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-
3,460
Units
-
13
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2 Communities in Amarillo
Dominium
-
104
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-
21,578
Units
-
82
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1 Community in Amarillo
Sunridge Management Group Inc
-
90
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16,546
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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 June 2025.
* Percentages may not total 100 due to rounding.