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RentData.org Logo Amarillo Fair Market Rent FY 2015 Amarillo, TX MSA Rental Data

Fair Market Rent Prices in Amarillo, TX :
$480 $567 $745 $1,017 $1,064
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Amarillo are high compared to the national average. This FMR area is more expensive than 75% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Amarillo is $745 per month.

The previous year, rent for a two-bedroom home was $736 per month. This is a 1.22% increase year-over-year.

This FMR rate applies to Wayside, TX, Groom, TX, Happy, TX, Claude, TX, Clarendon, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO11100M11100.

Additionally, This Fair Market Rent (FMR) area Amarillo, TX MSA spans one county or city in Texas which is listed in the table below. Estimated population of Amarillo, TX MSA FMR area is 1,901 people based on latest Census data.

Compared to the rest of Texas, the Amarillo FMR area is more expensive than 83% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Amarillo. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Amarillo

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 511
1-BR 1-Bedroom $ 603
2-BR 2-Bedroom $ 792
3-BR 3-Bedroom $ 1081
4-BR 4-Bedroom $ 1131
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Amarillo, TX MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Amarillo.

County / Region Est. Population
Amarillo, TX Metro 1,901
Zip Codes in Amarillo, TX MSA

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

79019, 79039, 79042, 79094 and 79226

Lookup Fair Market Rent by Zip Code

What's Next?

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