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RE Intelligence

Rental numbers for Randall County, TX

The typical home here runs -$965 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%.

Gross yield
6.7%
typical home, Zillow
Median ZIP yield
5.9%
5 ZIPs with full data
Cash flow
-$965/mo
at 7.78%, 25% down
Typical price
$263,000
Zillow ZHVI, Aug 2026
Typical rent
$1,474/mo
Zillow ZORI, Aug 2026

ZIP codes in Randall County

6 with published figures

79110Amarillo$175,000$1,3799.5%3.8%-$391+6.7%
79118Amarillo$263,000$1,8048.2%3.4%-$683+6.6%
79109Amarillo$238,000$1,1735.9%1.2%-$1,049+6.7%
79119Amarillo$386,000$1,6395.1%1.0%-$1,761+9.8%
79015Canyon$303,000$1,2344.9%0.8%-$1,436+5.2%
79121Amarillo$306,000$1,050*4.1%0.1%-$1,632n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+3.8%
Rent, 12 months
+6.8%
Rent minus price growth
+3.0 pts
Property tax
1.51%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$213,949$1,173
Aug 2022$243,865$1,303
Aug 2023$249,953$1,309
Aug 2024$253,552$1,351
Aug 2025$253,356$1,380
Aug 2026$262,940$1,474

HUD Fair Market Rent

FY2027, Amarillo, TX HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$797$904$1,107$1,512$1,678

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
2.0
115 units, last 12 months
National percentile
26th
among US counties

Tools

Test a listing in Randall County against today's rate.

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Part of the Amarillo, TX metro.

Questions

Is Randall County good for rental property?
The typical home here runs -$965 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Randall County?
About 1.51% of value, from Census ACS median taxes paid over median home value. On a $263,000 home that is about $3,976 a year.
What is Fair Market Rent in Randall County?
HUD's FY2027 Fair Market Rent here is $904 for a 1-bedroom, $1,107 for a 2-bedroom and $1,512 for a 3-bedroom. Typical cash flow at today's rate is -$965 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.