Cheap Apartments for Rent in Canyon Lake, TX from $700 (83 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.

property at 3144 Gorge Way

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

2 Bedroom, 2 Bath Townhome for Rent

Available Now

3144 Gorge Way

Canyon LakeTX78132

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
River Ranch
1 to 2 Bedroom Apartments

River Ranch

5071 Fm-2673Canyon Lake, TX 78133

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
property at 1135 Parkview Dr

$1,350 - $1,395

2 Bedroom Rentals

Available Now

1135 Parkview Dr

Canyon LakeTX78133
property at 320 Untermaier St

$1,495

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

320 Untermaier St

Canyon LakeTX78130

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
close
View Me
Braunfels Place
Rent Specials
$861 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$861 - $1,800
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Braunfels Place

1231 Huisache AveNew Braunfels, TX 78130
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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
close
View Me
Linden
Rent Specials
$1,008 - $2,119
Total Monthly Price

Total Monthly Price

Base Rent
$1,008 - $2,119
Total Monthly Price
$1,008 - $2,119
Studio to 3 Bedroom Apartments Available Now

Linden

355 Dragoon XingNew Braunfels, TX 78130
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Lakeview Villas
Rent Specials
$1,018 - $2,014
Total Monthly Price

Total Monthly Price

Base Rent
$1,018 - $2,014
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Lakeview Villas

2090 Sundance PkyNew Braunfels, TX 78130
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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
Showing Results 1-50, Page 1 of 2

Canyon Lake, TX Local Guide

Cheapest Neighborhoods for Apartments in Canyon Lake, TX

Pricing Updated: 04/18/2026

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
Hill Country$2,209$7001050
North Canyon Lake$4,341$7004
South Canyon Lake$4,378$1,3002
East Canyon Lake$5,103$8501

Cheapest Available Canyon Lake Apartments for Rent

 

The cheapest available apartment rental in Canyon Lake, TX is a 1 Bed unit found at Primrose HAUS in the The Heights at Oak Run neighborhood priced from $800. Cypress Edge in the Quail Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $801. Here is today’s list of the most affordable Canyon Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Primrose HAUSA11BR,1BA$800
Cypress EdgeClassic One Bedroom1BR,1BA$801
Northwood Luxury Apartments & Corporate SuitesThe Elm1BR,1BA$900
Gruene PointThe FisherStudio,1BA$924
The Sophie1B 1B1BR,1BA$925
The DevereauxS1Studio,1BA$929
Alexan Gruene CrossingA11BR,1BA$935
Gruenewood Villa Apartments1 Bedroom, 1 Bathroom1BR,1BA$945
Legacy at VeramendiPedernalesStudio,1BA$970
Tacara Westpointe VillageE1Studio,1BA$990

Best Value Apartments for Rent in Canyon Lake, TX

As of April 18, 2026 the best value apartment in the Canyon Lake area is the $1.38 price per square foot TH1 Model at Braunwood at Town Creek in the in the The Heights at Oak Run neighborhood starting from $1,950. The second greatest value Canyon Lake apartment is the A1 Model at Solstice Springs starting at $1,795 with a $1.34 price per square foot in the The Heights at Oak Run 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.
Braunwood at Town CreekTH13BR,2.5BA$1.38
Solstice SpringsA13BR,2.5BA$1.34
ModernoB12BR,2BA$1.34
Braunfels PlaceB1BR,1BA$1.43
Oak CreekA2: 1 Bedroom1BR,1BA$1.25
Laurel Heights ApartmentsClassic 2x1!2BR,1BA$1.27
RiverStone Apartment HomesComal1BR,1BA$1.40
Cypress EdgeClassic One Bedroom1BR,1BA$1.18
Elevate at SundanceA11BR,1BA$1.48
The Sophie1B 1B1BR,1BA$1.40

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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

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 Map
Canyon Lake, TX Apartments Map
View Map
Canyon Lake, TX Rental Homes Map

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 $990.

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

The cheapest apartment in Canyon Lake is Primrose HAUS which is listed at $800, while the average apartment in Canyon Lake costs $4,007.

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 46 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 $174 which is $3,833 cheaper than the average rent for all rentals in Canyon Lake.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.