Cheap Homes for Rent in Canyon Lake, TX from $800 (25 Rentals)

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property at 620 Scenic Run

620 Scenic Run

Canyon LakeTX78133

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.

property at 261 Hidden Dr

261 Hidden 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.

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.

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.

Canyon Lake, TX Local Guide

Cheapest Neighborhoods for Apartments in Canyon Lake, TX

Pricing Updated: 11/17/2025

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$1,125$8501
South Canyon Lake$1,400$1,3501
Hill Country$2,503$775933
North Canyon Lake$3,125$7756

Cheapest Available Canyon Lake Apartments for Rent

 

The cheapest available apartment rental in Canyon Lake, TX is a 1 Bed unit found at Cypress Edge in the Quail Valley neighborhood priced from $801. Vivo Living New Braunfels II in the Quail Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $924. Here is today’s list of the most affordable Canyon Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cypress EdgeClassic One Bedroom1BR,1BA$801
Vivo Living New Braunfels IIThe FisherStudio,1BA$924
2204 W San Antonio StStudioStudio,1BA$925
Lakeview VillasA11BR,1BA$930
LA SIERRA APARTMENTSVilla1BR,1BA$934

Best Value Apartments for Rent in Canyon Lake, TX

As of November 17, 2025 the best value apartment in the Canyon Lake area is the $0.96 price per square foot 19827 FM 306 Model at 19827 FM 306, Unit Lakeside Lodging Unit C in the in the North Canyon Lake neighborhood starting from $1,350. The second greatest value Canyon Lake apartment is the C1 Model at COTTON CROSSING starting at $1,867 with a $1.48 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.
19827 FM 306, Unit Lakeside Lodging Unit C19827 FM 3062BR,2BA$0.96
COTTON CROSSINGC13BR,2BA$1.48
Dwelling at New BraunfelsInnovation2BR,2BA$1.31
Oak Creek2 Bedroom2BR,2BA$1.28
The BrookB2 Renovated2BR,2BA$1.29
Braunfels PlaceB1BR,1BA$1.30
Laurel Heights ApartmentsB1 Upgraded (2x1)2BR,1BA$1.34
Lakeview VillasA21BR,1BA$1.44
Cypress EdgeClassic One Bedroom1BR,1BA$1.18
Elevate at SundanceA11BR,1BA$1.48

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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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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Pet Friendly Lifestyle
Canyon Lake, TX

Ranked #293

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Canyon Lake, TX Rentals by Map

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Frequently Asked Questions about Canyon Lake

What type of rentals are currently available in Canyon Lake?

There are currently 72 Apartments for Rent in Canyon Lake, TX with pricing that ranges from $775 to $3,785. There are also 170 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon Lake ranging from $850 to $9,400.

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 $850 to $9,400 with an average monthly rent of $2,159.

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 $3,389, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $9,400. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $2,144.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.