Rental market trends in Amarillo, TX
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Average Apartment Cost in Amarillo, TX
Apartment Rent Ranges in Amarillo, TX
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
10% | 27% | 28% | 28% | 7% |
Neighborhood Apartment Rent Trends in Amarillo, TX
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| The Colonies | $1,201 | +3% |
| Hillside Terrace Estates | $1,025 | +4% |
| Puckett Place | $969 | +2% |
| Lawrence Park | $825 | +14% |
| Ridgecrest | $757 | -- |
| Olsen Park | $695 | -- |
| San Jacinto Heights | $650 | +4% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| The Colonies | $1,345 | +3% |
| Hillside Terrace Estates | $1,250 | +4% |
| Puckett Place | $1,129 | +2% |
| Olsen Park | $940 | -- |
| Lawrence Park | $875 | +6% |
| Ridgecrest | $870 | -- |
| San Jacinto Heights | $775 | -- |
Amarillo, TX Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 |
| $1050 | $1050 | $945 | $945 | $984 | $984 | $1080 | $1080 | $685 | $685 | $680 | $680 | $680 |
| $908 | $861 | $861 | $861 | $903 | $825 | $825 | $857 | $792 | $816 | $814 | $773 | $772 |
| $1069 | $1076 | $1077 | $1074 | $1087 | $1060 | $1042 | $1048 | $1020 | $1030 | $1015 | $1011 | $1022 |
| $1270 | $1270 | $1270 | $1270 | $1245 | $1232 | $1232 | $1232 | $1220 | $1241 | $1241 | $1257 | $1241 |
Neighborhood Information for Amarillo, TX
What are the most affordable neighborhoods in Amarillo, TX?
The most affordable neighborhoods in Amarillo are San Jacinto Heights, where the average 1-bedroom apartment rent goes for $650, Olsen Park, where renters pay $695 on average for a 1-bedroom apartment, and Ridgecrest, where the average 1-bedroom apartment rent goes for $757. If you're looking for other great deals, check out the listings in Lawrence Park ($825 for a 1-bedroom apartment) or Puckett Place ($969 for a 1-bedroom apartment), compared to the $773 average for an Amarillo 1-bedroom apartment.
What are the most expensive neighborhoods in Amarillo, TX?
The most expensive neighborhoods in Amarillo are The Colonies, where the average rent for a 1-bedroom apartment is just $1,201. offering similar apartments at an average of Hillside Terrace Estates, $1,025, and Puckett Place, $969. For additional value-for-money options, consider Lawrence Park ($825 for a 1-bedroom apartment) or Ridgecrest ($757 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Amarillo average for a 1-bedroom apartment, which stands at $773.
What are the most popular neighborhoods in Amarillo, TX?
The most popular neighborhoods in Amarillo are Lawrence Park, where the average 1-bedroom apartment rent goes for $825, Olsen Park, where renters pay $695 on average for a 1-bedroom apartment, and Ridgecrest, where the average 1-bedroom apartment rent goes for $757. If you're looking for other popular neighborhoods, check out the listings in Puckett Place ($969 for a 1-bedroom apartment) or San Jacinto Heights ($650 for a 1-bedroom apartment), compared to the $773 average for an Amarillo 1-bedroom apartment.
