Cheap Homes for Rent in Canyon Lake, TX from $600 (38 Rentals)

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property at 620 Scenic Run

620 Scenic Run

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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property at 261 Hidden Dr

261 Hidden Dr

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.

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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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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.

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property at 1033 Parkview Dr

1033 Parkview Dr

Canyon LakeTX78133
Showing Results 1-38, Page 1 of 1

Canyon Lake, TX Local Guide

Cheapest Neighborhoods for Apartments in Canyon Lake, TX

Pricing Updated: 06/25/2025

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$2,500$2,5001
South Canyon Lake$2,862$60054
Hill Country$2,947$600198
North Canyon Lake$4,200$95015

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 BrookA1 Renovated1BR,1BA$979
LA SIERRA APARTMENTSSienna1BR,1BA$999
LindenS1Studio,1BA$999
Riverhaus CreeksideSabine1BR,1BA$1,030
Gruenewood Villa Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,045
Primrose HAUS1 Bed/1 Bath1BR,1BA$1,050
Legacy at VeramendiPedernalesStudio,1BA$1,054

Best Value Apartments for Rent in Canyon Lake, TX

As of June 26, 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
Cypress Edge2 Bedroom 2 Bathroom2BR,2BA$1.41
Lakeview VillasA31BR,1BA$1.55
Alexan Gruene CrossingA11BR,1BA$1.68
CREEKSIDE VUE APARTMENTS1A1BR,1BA$1.61
Primrose HAUS1 Bed/1 Bath1BR,1BA$1.54
Braunfels PlaceA1BR,1BA$1.69
The BrookA1 Renovated1BR,1BA$1.54
Laurel Heights Apartments1BR/1.0BA1BR,1BA$1.59

Quick Rent Budget Calculator

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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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Frequently Asked Questions about Canyon Lake

What type of rentals are currently available in Canyon Lake?

There are currently 65 Apartments for Rent in Canyon Lake, TX with pricing that ranges from $650 to $9,500. There are also 170 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon Lake ranging from $600 to $12,000.

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 $600 to $12,000 with an average monthly rent of $1,837.

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 $1,375 to $9,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $12,000. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,805.

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.

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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.

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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.

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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.