
Cheap Homes for Rent in Canyon Lake, TX from $600 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Canyon Lake.


232 Rockport Dr

20681 FM306

20045 FM306, Unit 106

264 Greenwood St

41340 FM3159

721 Ramblewood Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

7691 Farm to Market 32

943 Parkview Dr

459 Clay Ridge

20045 FM306, Unit 103

1135 Parkview Dr

234 Star Grass

377 Buck Trail
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

341 Buck Trail

1256 Lonesome

127 Quail Run St

228 Kaspar Way

115 Stacy Ln

624 Live Falls

5037 Chimney Rock
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

532 Grandview Bend

421 Watts Ln

1375 Canyon Trce

324 Ridgerock Dr

340 Untermaier St

320 Untermaier St

3161 Tanglewood Trail
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.

418 Cimarron
Canyon Lake, TX Local Guide

How much does it cost to rent a home in Canyon Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canyon Lake 2 Bedroom Homes for Rent | $1,664 | $900 | $2,750 |
| Canyon Lake 3 Bedroom Homes for Rent | $1,953 | $1,195 | $3,500 |
| Canyon Lake 4 Bedroom Homes for Rent | $2,530 | $1,695 | $6,500 |
Browse Top Homes for Rent in Canyon Lake
Explore Canyon Lake
Canyon Lake, TX Local Guide
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Cheapest Neighborhoods for Apartments in Canyon Lake, TX
Pricing Updated: 07/21/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hill Country | $2,199 | $788 | 761 |
| North Canyon Lake | $3,650 | $865 | 3 |
| East Canyon Lake | $4,241 | $850 | 1 |
| South Canyon Lake | $4,760 | $1,750 | 1 |
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. Gruene Point in the Quail Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here is today’s list of the most affordable Canyon Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Primrose HAUS | A1 | 1BR,1BA | $800 |
| Gruene Point | The Landa | Studio,1BA | $815 |
| The Devereaux | S1 | Studio,1BA | $899 |
| The April | 1x1A | 1BR,1BA | $900 |
| Linden | S1 | Studio,1BA | $909 |
| Northwood Luxury Apartments | B1 | 2BR,2BA | $974 |
| Mission Hill | S2 | Studio,1BA | $975 |
| Legacy at Veramendi | Pedernales | Studio,1BA | $990 |
| Laurel Heights Apartments | Classic 2x1! | 2BR,1BA | $995 |
| The Sage | 1B1B | 1BR,1BA | $999 |
Best Value Apartments for Rent in Canyon Lake, TX
As of July 21, 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 C2: 3 Bedroom Model at Oak Creek starting at $1,788 with a $1.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Braunwood at Town Creek | TH1 | 3BR,2.5BA | $1.38 |
| Oak Creek | C2: 3 Bedroom | 3BR,3BA | $1.32 |
| Solstice Springs | A1 | 3BR,2.5BA | $1.21 |
| The Brook | B2 Renovated | 2BR,2BA | $1.36 |
| Elevate at Sundance | A4 | 1BR,1BA | $1.43 |
| Prose Evergreen | A2 | 1BR,1BA | $1.43 |
| Laurel Heights Apartments | Classic 2x1! | 2BR,1BA | $1.27 |
| RiverStone Apartment Homes | Comal | 1BR,1BA | $1.37 |
| Alexan Gruene Crossing | A1 | 1BR,1BA | $1.31 |
| The Sage | 1B1B | 1BR,1BA | $1.38 |
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 ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Canyon Lake, TX Rentals by Map
See the most popular apartments and homes in Canyon Lake, TX
Frequently Asked Questions about Canyon Lake
What type of rentals are currently available in Canyon Lake?
There are currently 74 Apartments for Rent in Canyon Lake, TX with pricing that ranges from $800 to $4,760. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon Lake ranging from $675 to $6,500.
What is the current price range for Rental Homes in Canyon Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Canyon Lake ranges from $675 to $6,500 with an average monthly rent of $1,602.
How much are larger Three and Four Bedroom Rentals in Canyon Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Canyon Lake range from $1,275 to $4,648, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $2,138.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.