Cheap Apartments for Rent in the Hill Country Neighborhood of Canyon Lake, TX from $600 (146 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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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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property at 252 Sir Winston Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

3 Bedroom, 2 Bath Home for Rent

Available Now

252 Sir Winston 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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Linden
$974 - $1,693
Total Monthly Price

Total Monthly Price

Base Rent
$974 - $1,693
Total Monthly Price
$974 - $1,693
Studio to 3 Bedroom Apartments Available Now

Linden

355 Dragoon XingNew Braunfels, TX 78130
Student Housing
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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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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 Studio unit found at Gruene Point priced from $610. Cypress Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $801. Here are the most affordable Hill Country apartments for rent in Canyon Lake, TX:

Apartment ListingModel NameBed/BathPriced From
Gruene PointThe LandaStudio,1BA$610
Cypress EdgeClassic One Bedroom1BR,1BA$801
The CurrentE1Studio,1BA$899
Avenues at Creekside1 Bed/1 Bath1BR,1BA$899
Northwood Luxury Apartments & Corporate SuitesThe Elm1BR,1BA$900
The DevereauxS1Studio,1BA$929
LindenS1Studio,1BA$939
Mission HillS2Studio,1BA$975
Tacara Westpointe VillageE1Studio,1BA$990
Blanco Oaks Apartments2-Bedroom / 1-Bath2BR,1BA$997

Best Value Apartments for Rent in Hill Country, TX

As of June 03, 2026 the best value apartment in the Hill Country area is the $0.95 price per square foot 3 Beds, 3 Baths Model at 893-895 E Mather St in the in the Quail Valley neighborhood starting from $1,795. The second greatest value Hill Country apartment is the C4: 3 Bedroom Model at Oak Creek starting at $2,134 with a $1.39 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.
893-895 E Mather St3 Beds, 3 Baths3BR,3BA$0.95
Oak CreekC4: 3 Bedroom3BR,3BA$1.39
Grace MeadowsGannes3BR,2BA$1.22
Villas at CreeksideB12BR,2.5BA$1.47
Creekside TerraceAdams3BR,2BA$1.43
1116 Lakeshore Dr, Unit Apartments1116 Lakeshore Dr2BR,1.5BA$0.96
The Landings at CreeksideB1-G2BR,2BA$1.42
1654 Skyline Dr, Unit Unit#2bd1ba1654 Skyline Dr2BR,1BA$1.28
Cypress EdgePremium Two Bedroom2BR,2BA$1.33
Berkshire CreeksideA21BR,1BA$1.45

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 $997.

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 $11,817.

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 199 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 $250 which is $11,567 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 Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.