Last updated on September 18, 2026

Average rent in
Milan Institute, TX

Median rent

Median rent in Amarillo

$1,269/mo

increased by17%

vs previous year

The average rent in Amarillo is $1,269 per month as of September 2026. This is 33% below the national average rent, or $630 less per month.

$1.24

average price per square foot

Total rentals

Available rentals in Amarillo

149

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Amarillo rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Milan Institute, TX

Average rent prices in Amarillo have increased by 17% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Milan Institute, TX

Rent prices in Amarillo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Amarillo is $967, whereas a house costs $1,800. 1-bedroom apartments in Amarillo run $810 on average, while 2-bedroom apartments are $1,200.

Listings

Studio

$695

-

1%

1 bedroom

$810

-

2%

2 bedroom

$1,195

-

5%

3 bedroom

$1,885

-

24%

4 bedroom

$2,600

-

64%

Studio

Average rent

$695

Last year

1%

1 bedroom

Average rent

$810

Last year

2%

2 bedroom

Average rent

$1,195

Last year

5%

3 bedroom

Average rent

$1,885

Last year

24%

4 bedroom

Average rent

$2,600

Last year

64%

The table above reflects average rent prices in Milan Institute, TX, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Milan Institute, TX

18h ago

8.5

Very good

XThe Larsson

2200 Sw 7th Ave, Amarillo, TX 79106

Studio–2 beds

0–2 baths

$450–$1,015

1700 South Lincoln - Photo 1 of 1

5d+ ago

8.3

Very good

1700 South Lincoln

1700 S Lincoln St, Amarillo, TX 79102

1 bed

1 bath

$500

1508 S Ong - Photo 1 of 1

3d ago

8.3

Very good

1508 S Ong

1508 S Ong St, Amarillo, TX 79102

2 beds

1 bath

$750

1113 Nw 21st Ave - Photo 1 of 1

5d+ ago

House for rent in Amarillo

1113 NW 21st

1113 Nw 21st Ave, Amarillo, TX 79107

3 beds

1 bath

$850

$775

Price drop

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Milan Institute, TX

Quick answers to common questions about the Amarillo rental market.

How much is rent in Amarillo?

The average rent in Amarillo is $1,269 per month as of September 12, 2026.

Is rent up or down in Amarillo?

Average rent prices in Amarillo have increased by 17% since last year.

How does Amarillo rent compare to the national average?

Rent in Amarillo is 33% below the national average, which means renters are paying approximately $630 less per month.

What salary do I need to afford rent in Amarillo?

To comfortably afford rent in Amarillo, you'd need to earn approximately $51,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Canyon Creek