FairRentWize

Amarillo Fair Market Rent 2026

HUD Fair Market Rent data for the Amarillo metropolitan area. Median household income: $37,767/year. Vacancy rate: 6.8%.

2BR FMR

$744/mo

Median Income

$37,767

Vacancy Rate

6.8%

Rent Burden

23.6%

Fair Market Rent by Bedroom Size

Studio$501/mo
1 Bedroom$606/mo
2 Bedroom$744/mo
3 Bedroom$961/mo
4 Bedroom$1,008/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $37,767/year can afford up to $944/mo in rent.

The 2BR FMR of $744/mo represents 23.6% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 6.8% in Amarillo indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Amarillo?

The 2026 HUD FMR for a 2-bedroom in the Amarillo metro area is $744/month. 1BR: $606, 3BR: $961.

What is the vacancy rate in Amarillo?

The rental vacancy rate in Amarillo is 6.8%. A rate below 5% typically indicates a tight rental market.

Is Amarillo affordable for renters?

With a median income of $37,767 and 2BR rent at $744/mo, rent takes about 24% of income in Amarillo.

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