Rentometer, Inc. | Data as of 10/23/2025
Amarillo’s rental market offers a balanced mix of modern apartments and spacious single‑family homes, catering to students, professionals, and families alike. Downtown’s historic charm, the vibrant Riverfront Plaza, and the nearby Amarillo Museum of Art create a lively backdrop for urban living, while neighborhoods such as East Hill and Southeast Amarillo provide quiet, tree‑lined streets perfect for larger households. With a range of options from sleek studio apartments to four‑bedroom homes, renters can find accommodations that fit both lifestyle and budget across the Texas Panhandle.
Rental prices in Amarillo reflect this diversity, with studio apartments averaging in the $700 range and one‑bedroom units typically sitting around $800. Larger apartments and houses see a natural increase, reaching the $1,300‑$1,400 bracket for three‑bedroom apartments and climbing into the $2,000s for spacious four‑plus bedroom homes. Whether you’re seeking the convenience of a downtown loft or the space of a suburban family house, the city’s rental landscape delivers competitive rates, strong tenant demand, and proximity to key amenities such as Palo Duro Canyon State Park, the Globe-News Center for the Performing Arts, and major retail corridors. These factors combine to make Amarillo a compelling choice for renters looking for affordability, variety, and a welcoming community atmosphere.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $878 | $865 | $299 - $1,776 | $715 - $950 |
| Apartment | 2 Bedroom | $1,050 | $1,056 | $675 - $1,484 | $950 - $1,185 |
| Apartment | 3 Bedroom | $1,393 | $1,375 | $1,095 - $1,900 | $1,217 - $1,550 |
| House | 1 Bedroom | $786 | $750 | $575 - $1,600 | $625 - $800 |
| House | 2 Bedroom | $1,082 | $1,012 | $700 - $2,000 | $900 - $1,195 |
| House | 3 Bedroom | $1,643 | $1,650 | $750 - $4,450 | $1,325 - $1,895 |
| House | 4+ Bedroom | $2,196 | $2,209 | $1,100 - $4,200 | $1,850 - $2,400 |
In the current period, the average rent in Amarillo was
$850 for 1 Bedroom,
$1,071 for 2 Bedroom,
$1,628 for 3 Bedroom, and
$2,193 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.