Apartments & Condos for Rent in Canyon, TX

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What to Know About

Life in Canyon & Beyond

Canyon shares many of the great qualities that make Texas a desirable place to live.

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Canyon, TX

As of April 2025, Canyon's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Canyon's average rent is 47.0% ($712) lower than the Texas average of $1,515 and 55.4% ($996) lower than the U.S. average of $1,799.

Average Rent
$803
Monthly ChangeMonth Over Month Change
Increased6.6% ($50)
Yearly ChangeYear Over Year Change
Decreased27.7% ($308)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $730 Increased5.8% ($40) Decreased3.2% ($24)
2 Beds $868 Increased11.7% ($91) Increased3.6% ($30)
3 Beds $1,281 Decreased9.6% ($136) Decreased17.9% ($280)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Canyon Rental Market FAQs

Explore rental prices, market trends, and availability in Canyon, TX.

The average rent in Canyon, TX is $803 per month.
Apartments in Canyon typically rent for between $600 and $1,665 per month, with an average of $803 per month.
In Canyon, the average rent for a 1-bedroom apartment is $730 per month, for a 2-bedroom apartment, $868 per month, and a 3-bedroom apartment is $1,281 per month.
The average rent in Canyon is 55.4% ($996) lower than the national average of $1,799 per month.
The average rent in Canyon has increased by 6.6% ($50) in the last month and decreased by 27.7% ($308) over the past year.
The rental market in Canyon, TX, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Canyon, TX, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 27 rental properties available in Canyon, TX.
Based on the current averages, a household would need an annual income of $34,720 to comfortably afford a 2-bedroom apartment in Canyon.
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