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Rental Market Trends in Canyon Lake, TX

What is the average rent in Canyon Lake, TX?

$961/month

Average Rent

610 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of January 2026, the average rent in Canyon Lake, TX is $961 per month. This is 41% lower than the national average rent of $1,624/month, making renting in Canyon Lake more affordable than most cities in the US. When you rent an apartment in Canyon Lake, you can expect to pay about per month for a studio, $961 for a one-bedroom apartment, and around $1,275 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$961/month
610 Sq Ft
Two Bedroom
$1,275/month
850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,440/month
588 Sq Ft
Two Bedroom
$1,737/month
1,824 Sq Ft
Three Bedroom
$2,100/month
1,520 Sq Ft
Four Bedroom
$2,805/month
2,373 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,740/month
1,464 Sq Ft

How much has average rent changed in Canyon Lake, TX?

In the past year, rent has increased by 1.2%, which averages out to $12 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Canyon Lake, TX
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Canyon Lake, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
67% $1,001 - $1,500/month
33% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Canyon Lake, TX?

Because the average rent in Canyon Lake is $961, you’ll want to make about $3,203 per month or $38,436 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Canyon Lake, TX

169 Available Apartments for Rent

Search for Nearby Apartments

How does Canyon Lake, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Canyon Lake, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Canyon Lake, TX

Apartment Averages

Nearby City Rent Trends

  • Spring Branch Average Rent
  • Bulverde Average Rent
  • New Braunfels Average Rent

Apartment communities in Canyon Lake we think you'll love

2733 Wolfcreek

2733 Wolfcreek

2733 Wolfcreek,
Canyon Lake, TX 78130

$1,915

4 Beds

20045 FM306

20045 FM306

20045 FM306,
Canyon Lake, TX 78133

$945

1 Bed

20045 FM306

20045 FM306

20045 FM306,
Canyon Lake, TX 78133

$765

1 Bed

1200 Willow Dr

1200 Willow Dr

1200 Willow Dr,
Canyon Lake, TX 78133

$1,875

2 Beds

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United States Texas Canyon Lake Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity