Home prices
Amarillo's median home price is $132,500. This is roughly $62,400 (32%) lower in comparison to its surrounding areas.In comparison to the country as a whole it is about $85,000 (39%) lower.
Rents
Amarillo's median rent is $850 per month. In comparison to the surrounding areas it is roughly $350 (29%) lower.In comparison to the country as a whole it is roughly $212 (19%) lower.
Nearby places
Palisades
Palisades is approximately 10 miles south from Amarillo. Housing prices there are a little more expensive. The median home in Palisades is valued at $146,100, which comes out to $13,600 (9%) higher than Amarillo. The rent there is a little more expensive. The median monthly rent in Palisades is $1,125, which comes out to $275 (24%) higher than Amarillo.
Lake Tanglewood
Lake Tanglewood is roughly 10 miles south of Amarillo. The real estate prices there are a lot more expensive. The median home in Lake Tanglewood is valued at $504,400, which comes out to $371,900 (73%) higher than Amarillo. Rent there is substantially more expensive. Lake Tanglewood's median rent is $2,611 per month, which comes out to $1,761 (67%) higher than Amarillo.
Canyon
Canyon is about 15 miles south from Amarillo. The housing prices there are a bit more expensive. The value of the median home in Canyon is $162,700, which is $30,200 (18%) higher than Amarillo. Rents there are fairly similar. Canyon's median rent is $844 a month, which is very similar to Amarillo.
Claude
Claude is roughly 24 miles east from Amarillo. Housing prices there are fairly similar. Claude's median home price is $132,600, which is very similar to Amarillo. Rent there is a bit more expensive. In Claude the median rent is $1,042 a month, which comes out to $192 (18%) higher than Amarillo.
Panhandle
Panhandle is roughly 24 miles northeast of Amarillo. Its real estate prices are similar. Panhandle's median home price is $133,800, which is very similar to Amarillo. Rent there is a bit less expensive. The median monthly rent in Panhandle is $806, which is $44 (5%) lower than Amarillo.
Vega
Vega is roughly 29 miles west of Amarillo. Its real estate prices are significantly less expensive. Vega's median home value is $89,800, which comes out to $42,700 (47%) lower than Amarillo. Its rents are a little less expensive. In Vega the median rent is $775 per month, which comes out to $75 (9%) lower than Amarillo.