
Cheap Homes for Rent in Canyon Lake, TX from $800 (31 Rentals)
Search the lowest-cost Homes available for rent right now in Canyon Lake.


1900 Lake Park Dr

20045 FM306, Unit 106

2090 Dara Ln

1900 Lake Park Dr

943 Parkview Dr

541 Buck 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.

721 Ramblewood Dr

668 Creekside Dr

827 Contour Dr

41340 FM3159

3144 Gorge Way

621 Buck Trail

789 Regina Dr
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.

1135 Parkview Dr

109 High Dr

1197 Chisolm Trail, Unit A

5037 Chimney Rock

1197 Chisolm Trail

519 Royal Oak Dr

2455 Golf Dr
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.

627 Buck Trail

136 Sonnyland Dr

106 GBRV Lp

320 Untermaier St

534 Creekside Cir

340 Untermaier St

532 Grandview Bend
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.

2436 Creek Rd

361 High Dr

3161 Tanglewood Trail
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 | $1,603 | $1,225 | $2,046 |
| Canyon Lake 3 Bedroom Homes for Rent | $2,078 | $1,350 | $9,300 |
| Canyon Lake 4 Bedroom Homes for Rent | $2,890 | $1,700 | $4,595 |
| Canyon Lake 5 Bedroom Homes for Rent | $2,326 | $2,080 | $2,800 |
Browse Top Homes for Rent in Canyon Lake
Explore Canyon Lake
Canyon Lake, TX Local Guide
- Canyon Lake Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Canyon Lake, TX
Pricing Updated: 04/18/2026Current 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 | $2,209 | $700 | 1050 |
| North Canyon Lake | $4,341 | $700 | 4 |
| South Canyon Lake | $4,378 | $1,300 | 2 |
| East Canyon Lake | $5,103 | $850 | 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. Cypress Edge in the Quail Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $801. 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 |
| Cypress Edge | Classic One Bedroom | 1BR,1BA | $801 |
| Northwood Luxury Apartments & Corporate Suites | The Elm | 1BR,1BA | $900 |
| Gruene Point | The Fisher | Studio,1BA | $924 |
| The Sophie | 1B 1B | 1BR,1BA | $925 |
| The Devereaux | S1 | Studio,1BA | $929 |
| Alexan Gruene Crossing | A1 | 1BR,1BA | $935 |
| Gruenewood Villa Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $945 |
| Legacy at Veramendi | Pedernales | Studio,1BA | $970 |
| Tacara Westpointe Village | E1 | Studio,1BA | $990 |
Best Value Apartments for Rent in Canyon Lake, TX
As of April 18, 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 A1 Model at Solstice Springs starting at $1,795 with a $1.34 price per square foot in the The Heights at Oak Run 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 |
| Solstice Springs | A1 | 3BR,2.5BA | $1.34 |
| Moderno | B1 | 2BR,2BA | $1.34 |
| Braunfels Place | B | 1BR,1BA | $1.43 |
| Oak Creek | A2: 1 Bedroom | 1BR,1BA | $1.25 |
| Laurel Heights Apartments | Classic 2x1! | 2BR,1BA | $1.27 |
| RiverStone Apartment Homes | Comal | 1BR,1BA | $1.40 |
| Cypress Edge | Classic One Bedroom | 1BR,1BA | $1.18 |
| Elevate at Sundance | A1 | 1BR,1BA | $1.48 |
| The Sophie | 1B 1B | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 77 Apartments for Rent in Canyon Lake, TX with pricing that ranges from $700 to $5,679. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon Lake ranging from $850 to $9,300.
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 $9,300 with an average monthly rent of $2,040.
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 $5,679, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $9,300. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,929.
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

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.

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.

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.

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.