Rentometer, Inc. | Data as of 10/23/2025
Canyon, Texas, nestled in the scenic Hill Country, offers a blend of small‑town charm and easy access to natural recreation. With the sparkling waters of Canyon Lake just minutes away, residents enjoy boating, fishing, and hiking trails that weave through rolling limestone bluffs. The historic downtown district features boutique shops, local eateries, and cultural events that give the city a vibrant community feel, while nearby schools and healthcare facilities provide essential services for families and professionals alike.
The rental market in Canyon presents a diverse selection of housing options, from modern apartments to spacious single‑family homes. One‑bedroom apartments typically rent in the $700s, making them an attractive choice for young professionals and couples. Two‑bedroom units, whether in an apartment complex or a house, generally fall into the $900‑$1000 range, offering a comfortable balance of space and affordability. Larger families often look to three‑bedroom homes, with rents hovering around the $1,600‑$1,700 mark, while expansive four‑plus bedroom houses command rates in the $1,800‑$2,100 range, reflecting the added space and private amenities these properties provide.
Conveniently located near major highways and public transit routes, Canyon ensures an easy commute to neighboring cities and employment centers. Residents benefit from a variety of local attractions, including the Canyon Lake Marina, Canyon Country Club, and a calendar of outdoor festivals. Whether you’re seeking a cozy apartment close to downtown excitement or a roomy family home near natural playgrounds, Canyon’s rental landscape offers flexible options that suit a wide range of lifestyles, making it a top choice for renters in the Texas Hill Country.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $725 | $717 | $649 - $830 | $695 - $775 |
| Apartment | 2 Bedroom | $989 | $949 | $600 - $2,100 | $750 - $1,100 |
| House | 2 Bedroom | $961 | $924 | $895 - $1,100 | $899 - $1,100 |
| House | 3 Bedroom | $1,703 | $1,597 | $995 - $3,995 | $1,500 - $1,800 |
| House | 4+ Bedroom | $2,107 | $1,850 | $1,500 - $3,195 | $1,800 - $2,450 |
In the current period, the average rent in Canyon was
$714 for 1 Bedroom,
$983 for 2 Bedroom,
$1,668 for 3 Bedroom, and
$2,120 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.