
Cheap Homes for Rent in Canyon, TX from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Canyon.


500 4th Ave

2001 1st Ave

500 4th Ave

501 25th St

203 27th St

102 N 11th St
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.

500 4th Ave

500 4th Ave

22700 City Lake Rd

203 27th St

707 4th St

8230 Upton Rd

2706 5th Ave
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.
Canyon, TX Local Guide

How much does it cost to rent a home in Canyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canyon 2 Bedroom Homes for Rent | $1,489 | $1,200 | $1,695 |
| Canyon 3 Bedroom Homes for Rent | $1,760 | $799 | $2,500 |
| Canyon 4 Bedroom Homes for Rent | $2,780 | $2,345 | $3,495 |
Browse Top Homes for Rent in Canyon
Explore 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 | 1 Bedroom / 1 Bath Available starting at $725 | 1BR,1BA | $725 |
| McCaslin Apartments | Two Bedroom One Bath | 2BR,1BA | $960 |
Best Value Apartments for Rent in Canyon, TX
As of February 20, 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 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 | 1810 3rd Ave | 3BR,2.5BA | $1.06 |
| 11 Kimberly Ln | 11 Kimberly Ln | 3BR,2BA | $1.35 |
| McCaslin Apartments | Two Bedroom One Bath | 2BR,1BA | $0.93 |
| 907 24th St, Unit #1 | 907 24th St | 2BR,1BA | $1.00 |
| Four Seasons & Pepper Tree Apartments | 1BR/1.0BA Four Season Apartments | 1BR,1BA | $0.90 |
| 2711 5th Ave | 2711 5th Ave | 1BR,1BA | $1.31 |
| 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 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 Canyon
What type of rentals are currently available in Canyon?
There are currently 45 Apartments for Rent in Canyon, TX with pricing that ranges from $400 to $1,995. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon ranging from $595 to $3,495.
What is the current price range for Rental Homes in Canyon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Canyon ranges from $595 to $3,495 with an average monthly rent of $1,656.
How much are larger Three and Four Bedroom Rentals in Canyon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Canyon range from $1,300 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $799 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,345 and Four Bedroom Apartments start at $1,680.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.