
Home Price Key
These days, finding an affordable place to live in the Amarillo area can be challenging. Home prices in Amarillo are now at a median cost of $168,024, lower than the Texas average of $235,268.
The average cost of rent is $1,057/mo in Amarillo, primarily driven by the current value of real estate in the Amarillo area. While nearly 44.73% of residents own their homes outright in Amarillo, 33.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Amarillo is $5,625 per month. Households that rent pay about 18.78% of their income on rent here. Amarillo's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Bishop Hills, TX: higher priced homes
- Lake Tanglewood, TX: higher priced homes
- Timbercreek Canyon, TX: higher priced homes
- Palisades, TX: higher priced homes
- Bushland, TX: higher priced homes
- Washburn, TX: less expensive homes
- Wildorado, TX: equally priced homes
- Claude, TX: equally priced homes
- Vega, TX: less expensive homes
- Lark, TX: less expensive homes
Cities with Similar Populations
- Norfolk, VA: higher priced homes
- Naples, FL: higher priced homes
- New Braunfels, TX: higher priced homes
- Lakewood, NJ: higher priced homes
- Lexington, KY: higher priced homes
- Laredo, TX: equally priced homes
- Lithonia, GA: less expensive homes
- Lawrence, MA: higher priced homes
- Los Angeles, CA: higher priced homes
- Jersey City, NJ: higher priced homes
All Local Stats
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