At $1,770/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,770 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Canyon Lake changed -1.7% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.
Rent rose in 5 of the last 12 months.
30% of the median household income ($97,301) is $2,433 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,300).
New Braunfels, 16 miles away, rents for 12% less ($1,560/mo), about $2,500 a year in savings.
From Zillow's monthly rent index (ZORI) for Canyon Lake. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Canyon Lake, TX has changed in 5 years
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.
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Can you afford rent in Canyon Lake on your salary?
At $1,770/mo, how Canyon Lake rent compares to typical pay (30% rule).
Canyon Lake rent by bedroom count
Median rent for each apartment size in Canyon Lake. Click any size for full breakdown.
Tips for renters in Canyon Lake
Last updated: October 17, 2026
The median rent in Canyon Lake is $1,770/mo as of October 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 22% of local median household income ($97,301/yr), Canyon Lake ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.
Frequently asked questions
How much income do you need to rent in Canyon Lake?
Is rent going up or down in Canyon Lake?
Which Canyon Lake neighborhoods have the lowest rent?
How does Canyon Lake rent compare to other cities in Texas?
Which nearby cities are cheaper to rent in than Canyon Lake?
At $1,770/mo, rent takes ~22% of Canyon Lake's median household income ($97,301/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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