Cheap Apartments for Rent in the Hill Country Neighborhood of Canyon Lake, TX from $700 (120 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hill Country area of Canyon Lake.

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.

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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.

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property at 1135 Parkview Dr

$1,350 - $1,395

2 Bedroom Rentals

Available Now

1135 Parkview Dr

Canyon LakeTX78133

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.

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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.

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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
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Lakeview Villas
Rent Specials
$1,018 - $2,014
Total Monthly Price

Total Monthly Price

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$1,018 - $2,014
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1 to 2 Bedroom Apartments Available Now

Lakeview Villas

2090 Sundance PkyNew Braunfels, TX 78130
Affordability
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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.

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Hill Country, Canyon Lake, TX Local Guide

Cheapest Available Hill Country Apartments for Rent

 

The cheapest available apartment rental in the Hill Country area of Canyon Lake, TX is a 1 Bed unit found at Cypress Edge priced from $801. The Current has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Hill Country apartments for rent in Canyon Lake, TX:

Apartment ListingModel NameBed/BathPriced From
Cypress EdgeClassic One Bedroom1BR,1BA$801
The CurrentE1Studio,1BA$899
Northwood Luxury Apartments & Corporate SuitesThe Elm1BR,1BA$900
Gruene PointThe FisherStudio,1BA$924
The Sophie1B 1B1BR,1BA$925
The DevereauxS1Studio,1BA$929
Avenues at Creekside1 Bed/1 Bath1BR,1BA$930
Alexan Gruene CrossingA11BR,1BA$935
Gruenewood Villa Apartments1 Bedroom, 1 Bathroom1BR,1BA$945

Best Value Apartments for Rent in Hill Country, TX

As of April 18, 2026 the best value apartment in the Hill Country area is the $1.14 price per square foot C1 Model at Casinas at Gruene in the in the Quail Valley neighborhood starting from $1,799. The second greatest value Hill Country apartment is the Gannes Model at Grace Meadows starting at $1,795 with a $1.22 price per square foot in the Quail Valley neighborhood. Here is today’s list of the best values for Hill Country apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Casinas at GrueneC13BR,2.5BA$1.14
Grace MeadowsGannes3BR,2BA$1.22
1654 Skyline Dr, Unit 11654 Skyline Dr2BR,1BA$1.16
Villas at CreeksideB12BR,2.5BA$1.48
Oak CreekB1: 2 Bedroom2BR,2BA$1.19
ModernoB12BR,2BA$1.34
Berkshire CreeksideA21BR,1BA$1.46
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.

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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.

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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.

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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.

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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.

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Best Local Schools in
Hill Country, Canyon Lake, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Hill Country Apartments

What is a cheap apartment in Hill Country?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hill Country is under $945.

What is the price of a cheap apartment in Hill Country?

The cheapest apartment in Hill Country is Cypress Edge which is listed at $801, while the average apartment in Hill Country costs $2,209.

What types of apartments are the cheapest in Hill Country?

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 Hill Country 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 Hill Country?

Cheap apartments in Hill Country have an average cost of $174 which is $2,035 cheaper than the average rent for all rentals in Hill Country.

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.

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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.

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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.

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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.