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ZIP Code · TX

ZIP 79118

Part of Amarillo, TX
Pop. 28,107·Randall County·146th most expensive ZIP in Texas
Median rent (all units)
$1,866/mo
Year-over-Year
+13.4%
Month-over-Month
-2.1%
vs US Median
-$99
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 79118 · $1,866
More expensive than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$960
1 BR
$1,110
2 BR
$1,360
3 BR
$1,850
4 BR+
$2,140
Research median
$1,360/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,392/yr
At $1,866/mo median
Location
StateTX
CountyRandall County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.4% YoY, -2.1% MoM), not inventory.
Demographics

Who lives here

ZIP 79118 (Amarillo, TX) is majority owner-occupied, 27.2% of residents hold a bachelor's degree or higher.

Population
28,107
Median income
$87,810
Median age
36.6
Renters
23.7%
Age distribution
24.9%
22%
27.7%
12.4%
13%
Under 1824.9%
18–3422%
35–5427.7%
55–6412.4%
65+13%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
66.5%
35.7%
White66.5%
Black3.7%
Hispanic35.7%
Asian1.9%
Education (25+)
24.6%
39.4%
27.2%
No HS diploma8.7%
HS diploma24.6%
Some college39.4%
Bachelor's+27.2%
Housing tenure
76.3%
23.7%
Owner76.3%
Renter23.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 79118 in Amarillo, TX has changed in 5 years

Income
$78,465 → $87,810
up 11.9%
Population
25,963 → 28,107
up 8.3%
Renter share
18.8% → 23.7%
+4.9 pts
Bachelor's+
23.7% → 27.2%
+3.5 pts
Median age
37.4 → 36.6
-0.8 yrs

Local incomes tracked alongside that move, going from a median of $78,465 in 2021 to $87,810 more recently. Headcount in the area went from 25,963 to 28,107 between 2021 and 2024, a 8.3% change. About 23.7% of households rent today, against 18.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 23.7% to 27.2%.

Community

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Local insights

Tips for renters in ZIP 79118

About renting in ZIP 79118

Last updated: July 20, 2026

ZIP code 79118 covers Amarillo, TX. The median rent here is $1,866/mo as of July 2026. A 1-bedroom rents for a median of $1,110/mo. A 2-bedroom rents for a median of $1,360/mo.

At 26% of local median household income ($87,810/yr), ZIP 79118 ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 79118?

As of July 20, 2026, the median monthly rent in ZIP 79118 (Amarillo, TX) is $1,866. This is based on aggregated data from public sources and community submissions.

How does ZIP 79118 rent compare to the US average?

ZIP 79118's median rent of $1,866/mo is $99 (5%) below the US national median of $1,965/mo.

How does ZIP 79118 compare to other ZIPs in Texas?

ZIP 79118 is one of the pricier ZIP codes in Texas, ranking #146 out of 689 ZIPs tracked at $1,866/mo.

How much income do you need to rent in ZIP 79118?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,866/mo in ZIP 79118. The local median household income is $87,810/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 79118?

Rent in ZIP 79118 has increased 13.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 79118 an affordable place to rent?

ZIP 79118 is considered affordable for renters. At $1,866/mo, rent takes approximately 26% of the local median household income ($87,810/yr). The standard benchmark is 30%. ZIP 79118 falls comfortably within that range.

What percentage of ZIP 79118 residents rent vs. own?

According to Census data, approximately 23.7% of ZIP 79118 households are renters, while 76.3% are owner-occupied. ZIP 79118 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 79118 compare to the rest of Amarillo?

ZIP 79118 is pricier than Amarillo as a whole. At $1,866/mo, it's $588 above the Amarillo citywide median of $1,278/mo.

When was rent data for ZIP 79118 last updated?

Rent data for ZIP 79118 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,866/mo, rent takes ~26% of ZIP 79118's median household income ($87,810/yr). The standard benchmark is 30%.

ZIP 79118 26%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 79118 (Amarillo, TX)

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