River Falls Apartments
6040 Belpree Rd,
Amarillo, TX 79106
1-2 Beds | $699 - $1,092
Rental Market Trends in Amarillo, TX
What is the average rent in Amarillo, TX?
$815/month
Average Rent
664 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of December 2024, the average rent in Amarillo, TX is $815 per month. This is 48% lower than the national average rent of $1,560/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 $609 per month for a studio, $815 for a one-bedroom apartment, and around $1,059 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,288 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 0.5%, which averages out to $4 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 December 2024
Legend
2023
2024
Rent Ranges in Amarillo, TX
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
23%
Below $700/month
47%
$700 - $1,000/month
23%
$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, Amarillo 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, Amarillo 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 Amarillo .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Amarillo, TX?
Because the average rent in Amarillo is $815, you’ll want to make about $2,716 per month or $32,592 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.
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.
Studio
$610/month
$610/month
One Bedroom
$805/month
$805/month
Two Bedroom
$1,042/month
$1,042/month
Three Bedroom
$1,271/month
$1,271/month
Apartment communities in Amarillo we think you'll love
Property Management Companies in Amarillo, TX
Tigris Holdings, LLC
-
18
Communities
-
4,145
Units
-
4
Cities
4 Communities in Amarillo
Case & Associates
-
69
Communities
-
21,246
Units
-
24
Cities
3 Communities in Amarillo
Monarch Investment and Management Group
-
305
Communities
-
74,735
Units
-
140
Cities
2 Communities in Amarillo
The Michaels Organization
-
87
Communities
-
14,048
Units
-
73
Cities
2 Communities in Amarillo
Haley Communities
-
40
Communities
-
8,632
Units
-
33
Cities
2 Communities in Amarillo
United Apartment Group
-
36
Communities
-
7,612
Units
-
24
Cities
2 Communities in Amarillo
RPM
-
623
Communities
-
163,569
Units
-
239
Cities
1 Community in Amarillo
Dominium
-
88
Communities
-
18,022
Units
-
68
Cities
1 Community in Amarillo
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Methodology
† 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.
* Percentages may not total 100 due to rounding.