
Cheap Apartments for Rent in Canyon, TX from $300 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Canyon.


Cambridge House

Four Seasons & Pepper Tree Apartments

Creek Crossing Seniors

Cimarron Apartments

McCaslin Apartments

Campus Row Apartments
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.

Ponderosa Apartments

Park View

17001 Interstate 27

Campus View

Canyon Crest Apartments

Canyon Creek Apartments

Avalon Apartments
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.
Canyon, TX Local Guide

How much does it cost to rent an apartment in Canyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canyon Studio Apartments | $558 | $400 | $785 |
| Canyon 1 Bedroom Apartments | $672 | $549 | $915 |
| Canyon 2 Bedroom Apartments | $970 | $649 | $1,525 |
| Canyon 3 Bedroom Apartments | $1,425 | $1,300 | $1,550 |
Browse Top Apartments in Canyon
See all Apartments in CanyonExplore Canyon
Canyon, TX Local Guide
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Cheapest Available Canyon Apartments for Rent
 The cheapest available apartment rental in Canyon, TX is a 1 Bed unit found at Four Seasons & Pepper Tree Apartments priced from $549. Torres Evolution Canyon has the second lowest priced unit, which is a 2 Beds apartment currently listed from $555. Here is today’s list of the most affordable Canyon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons & Pepper Tree Apartments | 1BR/1.0BA Four Season Apartments | 1BR,1BA | $549 |
| Torres Evolution Canyon | 2 Bedroom Flat | 2BR,1BA | $555 |
| Cimarron Apartments | 1 Bedroom / 1 Bath Available starting at $725 | 1BR,1BA | $725 |
| Creek Crossing Seniors | 1x1 | 1BR,1BA | $915 |
Best Value Apartments for Rent in Canyon, TX
As of June 09, 2026 the best value apartment in the Canyon area is the $1.31 price per square foot 1x1 Model at Creek Crossing Seniors in the starting from $915. The second greatest value Canyon apartment is the 1BR/1.0BA Four Season Apartments Model at Four Seasons & Pepper Tree Apartments starting at $549 with a $0.90 price per square foot . Here is today’s list of the best values for Canyon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creek Crossing Seniors | 1x1 | 1BR,1BA | $1.31 |
| Four Seasons & Pepper Tree Apartments | 1BR/1.0BA Four Season Apartments | 1BR,1BA | $0.90 |
| Torres Evolution Canyon | 2 Bedroom Flat | 2BR,1BA | $1.06 |
| Cimarron Apartments | 1 Bedroom / 1 Bath Available starting at $725 | 1BR,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.
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.
Best Local Schools in Canyon, TX
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Canyon, TX Rentals by Map
See the most popular apartments and homes in Canyon, TX
Frequently Asked Questions about Cheap Canyon Apartments
How much is rent for a Cheap One Bedroom Canyon Apartment?
The lowest price for a Cheap One Bedroom Canyon Apartment is $549 at Four Seasons & Pepper Tree Apartments.
What is the lowest price for a Cheap Two Bedroom Canyon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Canyon is starting from $555 at Torres Evolution Canyon.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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.

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.

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.