Is Amarillo, TX a Good STR Investment in 2026?
868 active listings
Top Market
Median Price
$250,933
STR Revenue/mo
$2,337
Cap Rate
4.4%
1Y Appreciation
2.6%
Avg Nightly Rate
$137
Market Score
99.7/100
Market Overview
Amarillo, TX presents a strong opportunity for real estate investors in 2026, with a market score of 99.7 out of 100. The median home price sits at $250,933 with average short-term rental revenue of $2,337 per month, yielding a 4.4% cap rate.
Short-Term Rental Performance
Short-term rental hosts in Amarillo average $2,337 in monthly revenue with a 63.9% occupancy rate. This translates to approximately $28,044 in annual gross revenue for a typical listing. The average nightly rate is $137.
Investment Analysis
Assuming a 20% down payment at 7% interest on a $250,933 property, your monthly mortgage would be approximately $1,336. After accounting for mortgage, taxes, and insurance, the estimated monthly cash flow for an STR is -$407.
The long-term rental market shows potential with median rents at $1,250 per month. Year-over-year home value appreciation of 2.6% adds equity growth to your total return.
Our Verdict
Amarillo ranks among the top investment markets with a score of 99.7/100. Healthy appreciation adds equity growth on top of rental income.