ZIP Code · TX

ZIP 79118

Part of Amarillo, TX

Pop. 28,107·Randall County·214th most expensive ZIP in Texas

Median rent (all units)

$1,763/mo

Year-over-Year

+9.0%

Month-over-Month

+1.4%

vs US Median

-$169

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 79118 · $1,763

More affordable than 54% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 79118 is at its highest level since Zillow's records here began in October 2023.

Past year vs. the rest of Texas

Rent in ZIP 79118 changed +9.0% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 8 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($87,810) is $2,195 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,140).

Rank in Amarillo

6th cheapest of 7 ZIP codes in Amarillo.

Cheaper nearby

ZIP 79110, 8 miles away, rents for 15% less ($1,506/mo), about $3,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 79118. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,156/yr

At $1,763/mo median

Location

CityAmarillo

StateTX

CountyRandall County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.0% YoY, +1.4% 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

Discussions about ZIP 79118

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Local insights

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About renting in ZIP 79118

Last updated: October 17, 2026

ZIP code 79118 covers Amarillo, TX. The median rent here is $1,763/mo as of October 2026. A 1-bedroom rents for a median of $1,110/mo. A 2-bedroom rents for a median of $1,360/mo.

At 24% of local median household income ($87,810/yr), ZIP 79118 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.0% over the past year.

FAQ

Frequently asked questions

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 $71,000/year (about $34/hour full-time) to afford the median rent of $1,763/mo in ZIP 79118. The local median household income is $87,810/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 79118?

Rent in ZIP 79118 has risen 9.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2023.

How does ZIP 79118 compare to other ZIPs in Texas?

ZIP 79118 is one of the pricier among Texas ZIP codes for rent, ranking #214 of 693 at $1,763/mo. Over the year to September 2026, rent in ZIP 79118 changed +9.0%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.