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Rental Market Trends in Canyon Lake, TX

Updated July 2026

The average rent in Canyon Lake, TX is $939/month.

Rent in Canyon Lake is 44% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$939/month

Average Rent

610 Sq Ft

Average Size

+1.3%

Change / Year

128

Available Apartments

Canyon Lake rent varies by unit size and layout:

  • Studio apartments in Canyon Lake average per month.
  • One-bedroom apartments in Canyon Lake average $939 per month.
  • Two-bedroom apartments in Canyon Lake average $1,220 per month.
  • Three-bedroom apartments in Canyon Lake average $1,987 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$939/month
610 Sq Ft
Two Bedroom
$1,220/month
965 Sq Ft
Three Bedroom
$1,987/month
0 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,165/month
809 Sq Ft
Two Bedroom
$1,668/month
3,039 Sq Ft
Three Bedroom
$2,012/month
1,563 Sq Ft
Four Bedroom
$2,696/month
2,384 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,546/month
1,470 Sq Ft
View Canyon Lake Apartments

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

In the past year, rent has increased by 1.3%, which averages out to $13 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Canyon Lake, TX

July 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

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Canyon Lake?

Based on current rent prices, Hill Country is the most affordable neighborhood in Canyon Lake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hill Country
$1,090/month
2,370 Sq Ft

What are the most expensive neighborhoods in Canyon Lake?

Based on current rent prices, Hill Country is the most expensive neighborhood in Canyon Lake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hill Country
$1,090/month
2,370 Sq Ft

Which Canyon Lake neighborhoods have the most rentals available?

The neighborhood in Canyon Lake with the most apartments available is Hill Country .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hill Country
$1,090/month
2,370 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Canyon Lake is $939, you’ll want to make about $3,130 per month or $37,560 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

128 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.

View the Canyon Lake Area Guide

Apartment Averages

Hill Country

Canyon Lake, TX

Hill Country

Canyon Lake, TX

Studio
-
-
One Bedroom
$971/month
$971/month
Two Bedroom
$1,286/month
$1,286/month
Three Bedroom
$1,823/month
$1,823/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • New Braunfels

    New Braunfels

Apartment Communities in Canyon Lake We Think You'll Love

238 Ledgeview Dr

238 Ledgeview Dr

238 Ledgeview Dr,
Canyon Lake, TX 78133

2 Beds | $1,725

1200 Willow Dr

1200 Willow Dr

1200 Willow Dr,
Canyon Lake, TX 78133

2 Beds | $1,775

1175 O C Trout Dr

1175 O C Trout Dr

1175 O C Trout Dr,
Canyon Lake, TX 78133

3 Beds | $4,641

1142 Amanda-SI ID1351227P

1142 Amanda-SI ID1351227P

1142 Amanda,
Canyon Lake, TX 78133

3 Beds | $4,741

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Frequently Asked Questions

What is the average rent in Canyon Lake?

The average rent in Canyon Lake is $939 per month, which is 43.5% lower than the national average of $1,663.

What is the average rent for a house in Canyon Lake?

The average rent for a house in Canyon Lake, TX is $2,012 per month.

Are rents going up or down in Canyon Lake?

Rents in Canyon Lake, TX are increasing, with prices up 1.3% year-over-year and $13 more per month.

What rent range is most common in Canyon Lake?

In Canyon Lake, TX, 67% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity