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91 Luxury Apartments for rent in Amarillo, TX

Last updated December 11 at 11:58am UTC
Paramount Terrace
4210 Paramount Blvd
Amarillo, TX
Updated December 11 at 7:09am UTC
1 Bedroom
$500
2 Bedrooms
$690
3 Bedrooms
$1,250
2000 S Bonham
Wolflin Terrace
Amarillo, TX
Updated December 11 at 11:58am UTC
2 Bedrooms
$1,150
1308 Montcrest
Amarillo
Amarillo, TX
Updated December 11 at 10:28am UTC
4 Bedrooms
$2,795
7915 Zoe
Amarillo
Amarillo, TX
Updated December 11 at 10:27am UTC
3 Bedrooms
$2,295
7501 Continental
Amarillo
Amarillo, TX
Updated December 11 at 10:24am UTC
5 Bedrooms
$3,395
7408 Vail D
Amarillo
Amarillo, TX
Updated December 11 at 10:21am UTC
4 Bedrooms
$2,195
3516 Tripp Avenue
Amarillo
Amarillo, TX
Updated December 11 at 11:58am UTC
3 Bedrooms
$1,700
5803 HARDWICK DR
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,500
5 Troon Ct
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
4 Bedrooms
$3,200
7301 ASHLAND DR
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
4 Bedrooms
$2,600
6612 FALCON RD
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,400
1508 S Travis St
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
2 Bedrooms
$1,000
6707 MICHELLE DR
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,400
4206 CATALPA LN
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,350
6204 OXBOW TRL
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
4 Bedrooms
$1,250
5510 Pinto LN
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,250
4405 GARY LN
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,500
9802 ASHER AVE
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,500
7622 CERVIN DR
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,400
7117 FULHAM DR
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,700
5200 SHORES CT
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,400
8009 BEDWELL PL
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
4 Bedrooms
$1,650
4705 Oregon Trl
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
3 Bedrooms
$1,100
6051 BELPREE RD
Amarillo
Amarillo, TX
Updated December 11 at 1:34am UTC
2 Bedrooms
$1,100

December 2018 Amarillo Rent Report

Welcome to the December 2018 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

December 2018 Amarillo Rent Report

Welcome to the December 2018 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 rent trends were flat over the past month

Amarillo rents have declined 0.1% over the past month, and have decreased moderately by 1.1% 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 1.4%, as well as the national average of 1.3%.

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 8 of the largest 10 cities in Texas for which we have data. The state as a whole logged rent growth of 1.4% 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 Texas that we have data for, Lubbock and El Paso, where two-bedrooms go for $820 and $830, are the two other major cities in the state besides Amarillo to see rents fall year-over-year (-0.2% and -0.2%).
  • Arlington, Austin, and Corpus Christi have all experienced year-over-year growth above the state average (3.1%, 3.1%, and 3.1%, 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 1.3% over the past year compared to the 1.1% decline in Amarillo.
  • While rents in Amarillo fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+3.2%), New York (+2.3%), and Denver (+1.9%).
  • Renters will find more reasonable prices in Amarillo than most large cities. For example, San Francisco has a median 2BR rent of $3,100, 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.