Summit Park
4402 Bell St,
Amarillo, TX 79109
1-3 Beds | $825 - $1,350
Rental Market Trends in Amarillo, TX
Updated July 2026
The average rent in Amarillo, TX is $922/month.
Rent in Amarillo is 45% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$922/month
Average Rent
664 Sq Ft
Average Size
+4.3%
Change / Year
1,148
Available Apartments
Amarillo rent varies by unit size and layout:
- Studio apartments in Amarillo average $645 per month.
- One-bedroom apartments in Amarillo average $922 per month.
- Two-bedroom apartments in Amarillo average $1,176 per month.
- Three-bedroom apartments in Amarillo average $1,380 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Amarillo, TX?
In the past year, rent has increased by 4.3%, which averages out to $41 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Amarillo, TX
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
18%
Below $700/month
44%
$700 - $1,000/month
30%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
2%
Above $2,000/month
What salary do I need to live comfortably in Amarillo, TX?
Because the average rent in Amarillo is $922, you’ll want to make about $3,073 per month or $36,876 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 18.2% lower than the national average. Generally, housing in Amarillo is 41.8% less expensive than the national average, with rent falling between $645 - $1,380. You can expect to pay 5.7% less for groceries, 10.4% less for utilities, and 10.2% 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.
View the Amarillo Area GuideApartment Communities in Amarillo We Think You'll Love
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Frequently Asked Questions
What is the average rent in Amarillo?
The average rent in Amarillo is $922 per month, which is 44.6% lower than the national average of $1,663.
What is the average rent for a house in Amarillo?
The average rent for a house in Amarillo, TX is $1,725 per month.
Are rents going up or down in Amarillo?
Rents in Amarillo, TX are increasing, with prices up 4.3% year-over-year and $41 more per month.
What rent range is most common in Amarillo?
In Amarillo, TX, 44% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.