Cheap Homes for Rent in Canyon, TX from $500 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in Canyon.

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-16, Page 1 of 1

Canyon, TX Local Guide

Cheapest Available Canyon Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Cimarron Apartments1 Bedroom / 1 Bath Available starting at $7251BR,1BA$725
Four Seasons & Pepper Tree Apartments1BR/1.0BA Four Season Apartments1BR,1BA$775

Best Value Apartments for Rent in Canyon, TX

As of July 30, 2025 the best value apartment in the Canyon area is the $1.28 price per square foot 1BR/1.0BA Four Season Apartments Model at Four Seasons & Pepper Tree Apartments in the starting from $775. The second greatest value Canyon apartment is the 2711 5th Ave Model at 2711 5th Ave, Unit D starting at $750 with a $1.40 price per square foot . Here is today’s list of the best values for Canyon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Four Seasons & Pepper Tree Apartments1BR/1.0BA Four Season Apartments1BR,1BA$1.28
2711 5th Ave, Unit D2711 5th Ave1BR,1BA$1.40
Cimarron Apartments1 Bedroom / 1 Bath Available starting at $7251BR,1BA$1.45

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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Frequently Asked Questions about Canyon

What type of rentals are currently available in Canyon?

There are currently 41 Apartments for Rent in Canyon, TX with pricing that ranges from $400 to $1,500. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon ranging from $595 to $4,995.

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 $4,995 with an average monthly rent of $2,177.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.