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


Four Seasons & Pepper Tree Apartments

Cambridge House

McCaslin Apartments

Creek Crossing Seniors

Cimarron 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 | $663 | $549 | $860 |
| Canyon 2 Bedroom Apartments | $1,016 | $649 | $1,525 |
| Canyon 3 Bedroom Apartments | $1,705 | $1,300 | $1,995 |
Browse Top Apartments in Canyon
See all Apartments in CanyonExplore Canyon
Canyon, TX Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 | 2 Bedroom / 1 Bath Available starting at $875 | 2BR,1BA | $875 |
Best Value Apartments for Rent in Canyon, TX
As of April 24, 2026 the best value apartment in the Canyon area is the $1.06 price per square foot 1810 3rd Ave Model at 1810 3rd Ave, Unit C in the starting from $1,995. The second greatest value Canyon apartment is the 11 Kimberly Ln Model at 11 Kimberly Ln starting at $1,700 with a $1.35 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. |
|---|---|---|---|
| 1810 3rd Ave, Unit C | 1810 3rd Ave | 3BR,2.5BA | $1.06 |
| 11 Kimberly Ln | 11 Kimberly Ln | 3BR,2BA | $1.35 |
| Cimarron Apartments | 2 Bedroom / 1 Bath Available starting at $875 | 2BR,1BA | $1.03 |
| 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 |
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.
Best Local Schools in Canyon, TX
School data provided by Great Schools
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.