RentDataNowRentDataNow
City Report · TX

Canyon Lake

Pop. 33,883·118th most expensive in Texas·Rental market data updated monthly for Canyon Lake, TX
Median rent (all units)
$1,699/mo
Year-over-Year
-0.3%
Month-over-Month
+2.8%
vs US Median
-$266
Rising (Monthly)
Be the first to discuss Canyon Lake rents ↓
Most AffordableMost Expensive
Canyon Lake · $1,699
More affordable than 62% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,699/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$68,000/yr
Local median income
$97,301/yr
Based on the 30%-of-income rule using Canyon Lake's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,145
1 BR
$1,260
2 BR
$1,540
3 BR
$1,955
4 BR+
$2,300
Research median
$1,540/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$20,388/yr
At $1,699/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.3% YoY, +2.8% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Canyon Lake, TX is majority owner-occupied, has a large retiree population, has a median income above the national average, 36.3% of residents hold a bachelor's degree or higher.

Population
33,883
Median income
$97,301
Median age
48.2
Renters
12.9%
Age distribution
19.5%
13.7%
25.4%
17.8%
23.5%
Under 1819.5%
18–3413.7%
35–5425.4%
55–6417.8%
65+23.5%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
77.2%
21.1%
White77.2%
Black2.4%
Hispanic21.1%
Asian1%
Education (25+)
25.9%
32.5%
36.3%
No HS diploma5.2%
HS diploma25.9%
Some college32.5%
Bachelor's+36.3%
Housing tenure
87.1%
12.9%
Owner87.1%
Renter12.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Canyon Lake, TX has changed in 5 years

Income
$80,670 → $97,301
up 20.6%
Population
30,641 → 33,883
up 10.6%
Renter share
12.1% → 12.9%
+0.8 pts
Bachelor's+
30.6% → 36.3%
+5.7 pts
Median age
48.7 → 48.2
-0.5 yrs

Census figures show median household income at $97,301 today, compared with $80,670 five years earlier. Census counts show Canyon Lake, TX adding about 3,242 residents over the five-year window, up 10.6% on net. Bachelor's-degree-or-higher attainment moved from 30.6% to 36.3% across the same window.

Community

Discussions about Canyon Lake

No discussions yet. Start the conversation.

View Canyon Lake rent history (2015–2026) →
Salary vs rent

Can you afford rent in Canyon Lake on your salary?

At $1,699/mo, how Canyon Lake rent compares to typical pay (30% rule).

By apartment size

Canyon Lake rent by bedroom count

Median rent for each apartment size in Canyon Lake. Click any size for full breakdown.

Local insights

Tips for renters in Canyon Lake

About renting in Canyon Lake, TX

Last updated: July 20, 2026

The median rent in Canyon Lake is $1,699/mo as of July 2026. A studio apartment averages $1,145/mo while a 2-bedroom runs $1,540/mo. One-bedroom apartments average $1,260/mo and 3-bedroom units go for $1,955/mo.

At 21% of local median household income ($97,301/yr), Canyon Lake ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

Is Canyon Lake an affordable city for renters?

Canyon Lake is considered very affordable for renters. At $1,699/mo, rent takes approximately 21% of the local median household income ($97,301/yr). The standard benchmark is 30%. Canyon Lake falls comfortably within that range.

How much income do you need to rent in Canyon Lake?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,699/mo in Canyon Lake. The local median household income is $97,301/yr, meaning the typical Canyon Lake household meets that threshold.

Is rent going up or down in Canyon Lake?

Rent in Canyon Lake has been relatively stable over the past year, with a 0.3% change year over year as of July 2026.

Which Canyon Lake neighborhoods have the lowest rent?

The most affordable ZIP codes in Canyon Lake are 78070 ($1,650/mo), and 78133 ($1,745/mo). Citywide, the median rent in Canyon Lake is $1,699/mo.

How does Canyon Lake rent compare to other cities in Texas?

Canyon Lake is middle-of-the-pack for Texas for rent, ranking #118 out of 269 tracked cities at $1,699/mo.

Which nearby cities are cheaper to rent in than Canyon Lake?

Several nearby cities have lower median rents than Canyon Lake ($1,699/mo): Selma ($1,314/mo), New Braunfels ($1,563/mo), Spring Branch ($1,650/mo).

What percentage of Canyon Lake residents rent vs. own?

According to Census data, approximately 12.9% of Canyon Lake households are renters, while 87.1% are owner-occupied. Canyon Lake leans toward homeownership, which can mean a smaller rental inventory.

How does Canyon Lake rent compare to the national average?

Canyon Lake's median rent of $1,699/mo is $266 (14%) below the US national median of $1,965/mo. Within Texas, it ranks #118 out of 269 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,699/mo, rent takes ~21% of Canyon Lake's median household income ($97,301/yr). The standard benchmark is 30%.

Canyon Lake 21%Benchmark 30%
State income taxNone
Run the Canyon Lake affordability calculator →
Lowest-rent ZIP codes in Canyon Lake
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Canyon Lake, TX

Recent submissions

Be the first to submit your rent for Canyon Lake.

Recent discussions

No discussions yet.