Cheap Apartments for Rent in Canyon Lake, TX from $600 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Canyon Lake.

close
View Me
River Ranch
1 to 2 Bedroom Apartments

River Ranch

5071 Fm-2673Canyon Lake, TX 78133

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
property at 620 Scenic Run

620 Scenic Run

Canyon LakeTX78133

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
705 Village Way
1 to 2 Bedroom Apartments

705 Village Way

705 Village WayNew Braunfels, TX 78130
close
View Me
2120 Stephens Pl
1 to 2 Bedroom Apartments

2120 Stephens Pl

2120 Stephens PlNew Braunfels, TX 78130

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
Cypress Edge
2 Bedroom Apartments

Cypress Edge

1565 N Business IH 35New Braunfels, TX 78130
Showing Results 1-41, Page 1 of 1

Canyon Lake, TX Local Guide

Cheapest Neighborhoods for Apartments in Canyon Lake, TX

Pricing Updated: 06/19/2025

Current apartment rentals in the Canyon Lake, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Canyon Lake Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Canyon Lake$1,900$1,2001
North Canyon Lake$1,905$1,2756
Hill Country$2,247$650876
South Canyon Lake$3,000$1,2003

Cheapest Available Canyon Lake Apartments for Rent

 

The cheapest available apartment rental in Canyon Lake, TX is a Studio unit found at Vivo Living New Braunfels II in the Quail Valley neighborhood priced from $719. Laurel Heights Apartments in the The Heights at Oak Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Canyon Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo Living New Braunfels IIThe FisherStudio,1BA$719
Laurel Heights Apartments1BR/1.0BA1BR,1BA$925
Tacara Westpointe VillageE1Studio,1BA$975
The DevereauxS1Studio,1BA$979
Mission HillS2Studio,1BA$999
LA SIERRA APARTMENTSVilla1BR,1BA$999
LindenS1Studio,1BA$1,019
The BrookA1 Renovated1BR,1BA$1,023
Gruenewood Villa Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,045
Primrose HAUS1 Bed/1 Bath1BR,1BA$1,050

Best Value Apartments for Rent in Canyon Lake, TX

As of June 20, 2025 the best value apartment in the Canyon Lake area is the $1.10 price per square foot Innovation Model at Dwelling at New Braunfels in the in the Quail Valley neighborhood starting from $1,349. The second greatest value Canyon Lake apartment is the B2 Model at Oak Creek starting at $1,519 with a $1.39 price per square foot in the Quail Valley neighborhood. Here is today’s list of the best values for Canyon Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dwelling at New BraunfelsInnovation2BR,2BA$1.10
Oak CreekB22BR,2BA$1.39
Braunfels PlaceD2BR,2BA$1.37
Cypress Edge2 Bedroom 2 Bathroom2BR,2BA$1.41
Lakeview VillasA31BR,1BA$1.48
The Sage1B1B1BR,1BA$1.52
Primrose HAUS1 Bed/1 Bath1BR,1BA$1.54
LA SIERRA APARTMENTSVilla1BR,1BA$1.56
The BrookA1 Renovated1BR,1BA$1.61
Laurel Heights Apartments1BR/1.0BA1BR,1BA$1.59

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Canyon Lake, TX

Ranked #285

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Canyon Lake, TX Rentals by Map

Decorative image of map

See the most popular apartments and homes in Canyon Lake, TX

View MapCanyon Lake, TX Apartments MapView MapCanyon Lake, TX Rental Homes Map

Getting Around Canyon Lake, TX

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

16 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Canyon Lake Apartments

What is a cheap apartment in Canyon Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Canyon Lake is under $1,050.

What is the price of a cheap apartment in Canyon Lake?

The cheapest apartment in Canyon Lake is Laurel Heights Apartments which is listed at $925, while the average apartment in Canyon Lake costs $2,263.

What types of apartments are the cheapest in Canyon Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 33 regular apartments in Canyon Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Canyon Lake?

Cheap apartments in Canyon Lake have an average cost of $324 which is $1,939 cheaper than the average rent for all rentals in Canyon Lake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.