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43 2 Bedroom Apartments for rent in Amarillo, TX

Last updated January 22 at 7:24pm UTC
The Granite at Thirty-Fourth
3308 Eddy St
Amarillo, TX
Updated January 22 at 7:24pm UTC
2 Bedrooms
$740
Huntington Pointe
6801 Wolflin Ave
Amarillo, TX
Updated January 22 at 7:23pm UTC
2 Bedrooms
$588
Cathy's Pointe Apartments
2701 N Grand St
Amarillo, TX
Updated January 22 at 7:24pm UTC
2 Bedrooms
$806
Paramount Terrace
4210 Paramount Blvd
Amarillo, TX
Updated January 22 at 5:30pm UTC
2 Bedrooms
$690
The Granite at Olsen Park
3318 S Western St
Amarillo, TX
Updated January 22 at 7:02am UTC
2 Bedrooms
$800
Treepoint Meadows
4711 S Virginia St
Amarillo, TX
Updated January 22 at 6:06pm UTC
2 Bedrooms
$750
1619 S. Jackson St
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$750
4017 NE 15TH AVE
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$780
1612 Armstrong - B
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$850
4205 TULIA DR. UNIT A
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$850
1507 S AVONDALE ST
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$775
1223 N Manhattan St
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$550
831 S Louisiana St
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$795
2000 S Bonham
Wolflin Terrace
Amarillo, TX
Updated January 22 at 9:36am UTC
2 Bedrooms
$1,150
4213 CLINE RD
Amarillo
Amarillo, TX
Updated January 22 at 5:35pm UTC
2 Bedrooms
$750
4205 Tulia Dr
Amarillo
Amarillo, TX
Updated January 22 at 5:35pm UTC
2 Bedrooms
$850
4619 S Hughes St
Amarillo
Amarillo, TX
Updated January 22 at 5:35pm UTC
2 Bedrooms
$775
3509 WEST POINT DR
Amarillo
Amarillo, TX
Updated January 22 at 5:35pm UTC
2 Bedrooms
$1,600
3127 SEMINOLE ST
Amarillo
Amarillo, TX
Updated January 22 at 5:35pm UTC
2 Bedrooms
$875
Lakeview Apartments
1600 Dale St
Amarillo, TX
Updated January 22 at 7:48am UTC
2 Bedrooms
$595
1206 S. Travis St.
Amarillo
Amarillo, TX
Updated January 22 at 10:07am UTC
2 Bedrooms
$1,200
2008 Hawk
Amarillo
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$600
806 S Louisiana
San Jacinto Heights
Amarillo, TX
Updated January 22 at 10:06am UTC
2 Bedrooms
$650

January 2019 Amarillo Rent Report

Welcome to the January 2019 Amarillo Rent Report. Amarillo rents remained steady over the past month. In this report, we'll evaluate trends in the Amarillo rental market, including comparisons to cities throughout the state and nation.

View full Amarillo Rent Report
Rent Report
Amarillo

January 2019 Amarillo Rent Report

Welcome to the January 2019 Amarillo Rent Report. Amarillo rents remained steady over the past month. In this report, we'll evaluate trends in the Amarillo rental market, including comparisons to cities throughout the state and nation.

Amarillo rents increased over the past month

Amarillo rents have increased 0.1% over the past month, but are down moderately by 1.0% in comparison to the same time last year. Currently, median rents in Amarillo stand at $640 for a one-bedroom apartment and $840 for a two-bedroom. Amarillo's year-over-year rent growth lags the state average of 1.3%, as well as the national average of 0.9%.

Rents rising across cities in Texas

While rent decreases have been occurring in the city of Amarillo over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in Texas for which we have data. The state as a whole logged rent growth of 1.3% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,440; of the 10 largest cities in the state that we have data for, Lubbock, where a two-bedroom goes for $820, is the only other major city besides Amarillo to see rents fall year-over-year (-0.2%).
  • Austin, Arlington, and Corpus Christi have all experienced year-over-year growth above the state average (3.4%, 3.4%, and 3.0%, respectively).

Amarillo rents more affordable than many large cities nationwide

As rents have fallen moderately in Amarillo, many large cities nationwide have seen prices increase, in some cases substantially. Amarillo is also more affordable than most large cities across the country.

  • Amarillo's median two-bedroom rent of $840 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 1.0% decline in Amarillo.
  • While rents in Amarillo fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
  • Renters will find more reasonable prices in Amarillo than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three-and-a-half times the price in Amarillo.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.