In Amarillo, a typical home is worth $196,900 and typical rent is $1,092 a month. Compared with all of Potter County, the typical home value is 34% higher and typical household income is 24% higher.
Typical home value from Zillow, September 2021 to September 2026: from $167,772 to $209,627.
Typical rent
$1,305a month
▲ 7.1% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,045 to $1,305.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Amarillo is in Potter County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Potter County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Pampa, the typical home value is $100,700: 49% less than in Amarillo ($196,900).
2
The typical home in Amarillo is worth $196,900,34% more than in Potter County as a whole ($147,300).
3
According to Zillow, in the 12 months to September 2026 the typical home value in Amarillo rose 4.3%; in Texas, it fell 1.4%.
4
The typical household income in Amarillo is $65,912,24% more than in Potter County as a whole ($53,249).
5
Nearby, in Borger, the typical rent is $910: 17% less than in Amarillo ($1,092).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Amarillo
What homes there are in Amarillo, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Amarillo
Potter County
Texas
United States
Kind of home: Amarillo and its comparisons
Measure
Amarillo
Potter County
Texas
United States
Detached house
70%
68%
64%
61%
Attached house
4%
4%
3%
6%
Building of 2 to 4
5%
6%
5%
8%
Apartments (5 or more)
18%
15%
21%
19%
Mobile home
3%
8%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is the most common home in Amarillo: 70% of homes, near the figure in Potter County (68%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Amarillo
Potter County
Texas
United States
Year built: Amarillo and its comparisons
Measure
Amarillo
Potter County
Texas
United States
Before 1960
32%
45%
12%
26%
1960–1979
29%
24%
21%
24%
1980–1999
18%
17%
28%
25%
2000–2009
10%
7%
18%
14%
2010 or later
11%
6%
21%
11%
Here half of the homes date from 1973 or later; in Potter County, from 1963 or later.
In Amarillo, 60% of homes have 3 bedrooms or more, more than in Potter County (54%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K19%
$100K–$200K32%
$200K–$300K28%
$300K–$500K16%
$500K–$750K3%
FHA limit: $541,287
$750K–$1M1%
$1M or more1%
Value of owner-occupied homes: Amarillo and its comparisons
Measure
Amarillo
Under $100K
19%
$100K–$200K
32%
$200K–$300K
28%
$300K–$500K
16%
$500K–$750K
3%
$750K–$1M
1%
$1M or more
1%
The FHA loan limit for Potter County is $541,287, and about 95% of owner-occupied homes in Amarillo are worth less than that.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5004%
$500–$99937%
$1,000–$1,49940%
HUD fair market rent, 2 bedrooms: $1,107
$1,500–$1,99914%
$2,000–$2,4994%
$2,500–$2,999Unreliable
$3,000 or more1%
Monthly rent with utilities: Amarillo and its comparisons
Measure
Amarillo
Under $500
4%
$500–$999
37%
$1,000–$1,499
40%
$1,500–$1,999
14%
$2,000–$2,499
4%
$2,500–$2,999
Unreliable estimate
$3,000 or more
1%
Measured against HUD's 2-bedroom fair market rent ($1,107), about 49% of rented homes in Amarillo cost less.
With a mortgage
$1,654 a month
Potter County: $1,532 a month
Without a mortgage
$617 a month
Potter County: $548 a month
Owners with a mortgage
54%
Potter County: 45%
The typical cost for an owner with a mortgage in Amarillo is $1,654 a month, more than in Potter County ($1,532); without one, $617.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Amarillo+49%
Potter County+59%
Texas+65%
United States+53%
Typical rent
Amarillo+29%
Potter County+27%
Texas+34%
United States+33%
Typical household income
Amarillo+25%
Potter County+25%
Texas+27%
United States+29%
Change since 2015–2019: Amarillo and its comparisons
Measure
Amarillo
Potter County
Texas
United States
Typical home value
+49%
+59%
+65%
+53%
Typical rent
+29%
+27%
+34%
+33%
Typical household income
+25%
+25%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Amarillo rose 49%; in Potter County, it rose 59%.
Much as in Potter County, the typical rent in Amarillo rose 29% since 2015–2019.
Here income did not keep up with housing: it rose 25%, while home values changed +49% and rent +29%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Amarillo and its comparisons
Measure
Amarillo
Potter County
Texas
United States
Rental vacancy
11.5%
13.4%
7.7%
5.5%
Homeowner vacancy
1.0%
1.7%
1.1%
0.9%
More than one person per room
3.7%
4.3%
4.8%
3.4%
People per household
2.50
2.56
2.69
2.53
Drive alone
77%
76%
71%
69%
Carpool
13%
14%
10%
9%
Public transit
1%
1%
1%
3%
Walk or bike
1%
2%
2%
3%
Work from home
7%
6%
14%
15%
Other means
2%
2%
2%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
In Amarillo, the rental vacancy rate is 11.5%; in Potter County, 13.4%.
In Amarillo, 3.7% of households live with more than one person per room, about the same as in Potter County.
Much as in Potter County, a household in Amarillo has 2.50 people on average.
The car rules in Amarillo: 77% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Amarillo?
A typical home is tight for the typical income
We start with a typical home in Amarillo, worth $196,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Amarillo, which is $65,912 a year. For that payment to be 28% of income, a household would need to earn about $74,068 a year.
The calculator's FHA and conventional loan limits are those of all of Potter County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Amarillo. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,892 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,728
at 7.18% · 30 years
Loan amount
$193,333
Total interest
$278,161
Paid off in
November 2056
Includes $3,325 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,538 a month
Tight
$1,538 to $1,977 a month
Your payment · 31%
Hard
more than $1,977 a month
Compared with the typical household income in Amarillo ($65,912 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,310
Property tax
$249
Home insurance
$82
FHA mortgage insurance (MIP)
$87
You need at least $6,892 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,728; principal and interest $1,310.
The city and its county
Amarillo and Potter County
Amarillo is in Potter County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Amarillo
Map of Potter County, Texas, with Amarillo marked. Around it, the neighboring counties.
Amarillo
Potter County
Amarillo's own numbers
Typical home value
$196,900
Typical monthly rent
$1,092
Typical yearly household income
$65,912
Households that own their home
60%
Effective property tax rate
1.52%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Potter County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,107
Price change over 5 years (FHFA)
+39%
Homes in a high flood-risk zone
1.1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Potter County.
A typical home in Amarillo is worth $196,900: 34% above the county and 31% below Texas. With the typical household income in Amarillo ($65,912 a year), a typical home costs 3.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Amarillo3.0 years
Potter2.8 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Potter County
According to FHFA’s house price index, home prices in Potter County rose 60% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Potter County.
Yearly change in FHFA’s price index in Potter County, 2016 to 2025
2016: +2.5% +2.5% 2016
2017: +3.4% +3.4% 2017
2018: +4.2% +4.2% 2018
2019: +2.8% +2.8% 2019
2020: +1.3% +1.3% 2020
2021: +11.1% +11.1% 2021
2022: +14.9% +14.9% 2022
2023: +6.7% +6.7% 2023
2024: +0.7% +0.7% 2024
2025: +1.5% +1.5% 2025
Change in FHFA’s price index in Potter County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+1.5%
+0.8%
+2.9%
5 years (2020–2025)
+39%
+44%
+47%
10 years (2015–2025)
+60%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Amarillo next to Potter County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Amarillo$196,900
Potter$147,300
Texas$283,800
United States$332,700
Typical monthly rent
Amarillo$1,092
Potter$1,022
Texas$1,403
United States$1,413
Typical yearly household income
Amarillo$65,912
Potter$53,249
Texas$78,476
United States$80,734
See the full table
Amarillo next to Potter County and Texas
Measure
Amarillo
Potter County
Texas
U.S.
Typical home value
$196,900 ▲34% above the county
$147,300
$283,800
$332,700
Typical monthly rent
$1,092 ▲7% above the county
$1,022
$1,403
$1,413
Typical yearly household income
$65,912 ▲24% above the county
$53,249
$78,476
$80,734
Households that own their home
60% ▲2 points above the county
57%
63%
65%
Typical yearly property tax
$3,000 ▲40% above the county
$2,145
$4,232
$3,119
Effective property tax rate
1.52% ▲0.06 points above the county
1.46%
1.49%
0.94%
Renters with high rent for their income
47% ▼3 points below the county
50%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Potter County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Amarillo
For a typical $196,900 home in Amarillo, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Amarillo's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,728a month
Least cash to close
Down payment
$6,892
Cash to close
$12,799
Rate
7.18%
Mortgage insurance
FHA MIP · $87
Conventional, 5% down$1,692a month
Down payment
$9,845
Cash to close
$15,752
Rate
7.18%
Mortgage insurance
PMI · $94
Conventional, 20% down, no PMI$1,399a month
Down payment
$39,380
Cash to close
$45,287
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,581a month
Down payment
$29,535
Cash to close
$35,442
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Amarillo
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,728
$6,892
$193,334
7.18%
FHA MIP · $87
$12,799
580
Conventional, 5% down
$1,692
$9,845
$187,055
7.18%
PMI · $94
$15,752
620*
Conventional, 20% down, no PMI
$1,399
$39,380
$157,520
7.18%
None
$45,287
620*
ITIN, 15% down (example)
$1,581
$29,535
$167,365
8.18%
None
$35,442
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Amarillo is $1,092 a month: 7% above the county. In Amarillo, 47% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Potter County, by unit size. To pay the 2-bedroom one ($1,107 a month) without spending more than 30% of your income, you would need to earn $21.29 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Potter County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$797
$15.33
$31,880
1 bedroom
$904
$17.38
$36,160
2 bedrooms
$1,107
$21.29
$44,280
3 bedrooms
$1,512
$29.08
$60,480
4 bedrooms
$1,678
$32.27
$67,120
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Amarillo
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Amarillo has 10 ZIP codes with their own.
For 2 bedrooms it runs from $1,010 in 79101 to $1,290 in 79111.
5 of the 10 are above the fair market rent for Potter County ($1,107).
2-bedroom fair market rent in each of the 10 ZIP codes of Amarillo, beside the one for Potter County. For 2 bedrooms it runs from $1,010 in 79101 to $1,290 in 79111. 5 of the 10 are above the fair market rent for Potter County ($1,107).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,107
Lowest: $1,010 (79101)Highest: $1,290 (79111)
Fair market rent by ZIP code and size in Amarillo, fiscal year 2027.
79101
$730
$830
$1,010
$1,390
$1,570
79102
$730
$830
$1,020
$1,390
$1,570
79103
$890
$1,000
$1,230
$1,680
$1,860
79104
$730
$830
$1,010
$1,390
$1,570
79106
$800
$910
$1,110
$1,520
$1,680
79107
$760
$870
$1,060
$1,450
$1,610
79109
$840
$950
$1,160
$1,580
$1,760
79110
$910
$1,030
$1,260
$1,720
$1,910
79111
$930
$1,050
$1,290
$1,760
$1,960
79121
$770
$870
$1,070
$1,460
$1,620
ZIP code2 bd3 bd
79101 $1,010$1,390
79102 $1,020$1,390
79103 $1,230$1,680
79104 $1,010$1,390
79106 $1,110$1,520
79107 $1,060$1,450
79109 $1,160$1,580
79110 $1,260$1,720
79111 $1,290$1,760
79121 $1,070$1,460
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Amarillo when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 25 buildings with rents for lower incomes in Amarillo. These are the largest.
Jason Avenue Residential527 Jason Ave, Amarillo 79107252 low-income homes · 1 bd: 50 · 2 bd: 106 · 3 bd: 80 · 4 bd: 16 · In service since 2009
Amarillo Gardens Apts1223 S Roberts St, Amarillo 79102148 low-income homes · Studio: 13 · 1 bd: 64 · 2 bd: 48 · 3 bd: 23 · In service since 1991 · For families(806) 373-1074
North Grand Villas2801 N Grand St, Amarillo 79107144 low-income homes · In service since 2004
Townparc at Amarillo6501 Woodward St, Amarillo 79106144 low-income homes · 1 bd: 28 · 2 bd: 68 · 3 bd: 48 · In service since 2007
The Commons at ST. AnthonysSWC Amarillo BLVD. and N. Polk ST., Amarillo 79107124 low-income homes · For older adults, people with disabilities, families, people experiencing homelessness
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Potter County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Amarillo or Potter County. The ones below are statewide in Texas: they work in Amarillo the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for Amarillo or Potter County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Amarillo and all of Potter County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Amarillo?
The typical home value in Amarillo is $196,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Potter County it is $147,300.
How much does it cost to rent in Amarillo?
Typical rent in Amarillo is $1,092 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Potter County is $1,107.
What is the FHA loan limit in Amarillo?
Amarillo uses the FHA limit for all of Potter County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Amarillo?
The typical homeowner in Amarillo pays $3,000 a year, according to the U.S. Census Bureau. That is 1.52% of the home’s value; in Potter County, the rate is 1.46%.
Where can I find free help to buy or rent in Amarillo?
We found no HUD-approved counseling agencies with an office in Potter County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
