Amarillo, TX Rental Market Trends

Last updated: April 27, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Amarillo, TX

Last updated: April 27, 2026

Amarillo, TX rent trends

Rental prices in Amarillo, TX have increased by 3.81% over the past year. The average rent moved from $965 to $1,002.

What's the typical rent budget in Amarillo, TX?

The largest share of rentals in Amarillo, TX (56%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Amarillo, TX?

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Average Rent in Amarillo, TX By Neighborhood

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Amarillo | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Amarillo SouthWest is 1% lower than in Downtown Amarillo

$993

Amarillo SouthWest rent is 1% lower than Amarillo average

Average Rent $993
$1,008

Downtown Amarillo rent is 1% higher than Amarillo average

Average Rent $1,008

How Amarillo Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Amarillo apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.