2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Canyon Lake, TX

$1,540/mo

Median asking rent for a 2-bedroom apartment in Canyon Lake, Texas as of July 2026. That's +9% lower than the citywide median of $1,699 and +7% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,540
July 2026
vs city overall
-9%
$1,699 city median
vs national
-7%
$1,655 US median
Texas rank
#126
of 262 cities

Income needed for a 2-bedroom in Canyon Lake

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$61,600
Monthly gross
$5,133
Hourly (full-time)
$29.62

Rent by apartment size in Canyon Lake

Compare Canyon Lake's median rent across every apartment size.

Studio
$1,145
1-Bedroom
$1,260
2-Bedroom (current)
$1,540
3-Bedroom
$1,955
4+ Bedroom
$2,300

Cheapest cities for a 2-bedroom in Texas

#City2-Bedroom rent
1Splendora$694
2Clute$726
3Salado$877
4Alton$930
5Bonham$930
6Eagle Pass$930
7Corsicana$950
8Palestine$965
9Mabank$977
10Del Rio$980
11Navasota$980
12San Juan$980
13Marshall$990
14Nacogdoches$990
15Weslaco$990

Most expensive cities for a 2-bedroom in Texas

#City2-Bedroom rent
1University Park$2,830
2Argyle$2,830
3Flower Mound$2,765
4Prosper$2,670
5Little Elm$2,630
6Aledo$2,560
7Justin$2,500
8Lakeway$2,490
9Lavon$2,470
10Royse City$2,380
11Haslet$2,370
12Celina$2,340
13Grapevine$2,300
14Fresno$2,290
15Bellaire$2,290

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Canyon Lake.

CityDistance2-Bedroom rentvs Canyon Lake
Bulverde, TX12.6 mi$1,750+$210 (+14%)
Wimberley, TX15.6 mi$1,630+$90 (+6%)
New Braunfels, TX17.2 mi$1,665+$125 (+8%)
Selma, TX21.2 mi$1,273$-267 (-17%)
Cibolo, TX23.2 mi$1,567+$27 (+2%)
Universal City, TX24 mi$1,460$-80 (-5%)
Schertz, TX24.1 mi$1,920+$380 (+25%)
San Marcos, TX24.3 mi$1,540
Dripping Springs, TX26.2 mi$1,860+$320 (+21%)
Windcrest, TX26.3 mi$1,324$-216 (-14%)
Boerne, TX26.7 mi$1,800+$260 (+17%)
Converse, TX27.9 mi$1,820+$280 (+18%)

2-Bedroom rent in Canyon Lake — common questions

How much is a 2-bedroom apartment in Canyon Lake?

As of July 2026, the median 2-bedroom apartment rent in Canyon Lake, Texas is $1,540 per month. This is +9% below the citywide median of $1,699.

What income do you need to afford a 2-bedroom in Canyon Lake?

Using the standard 30% rent-to-income rule, you would need an annual income of about $61,600 ($5,133/month gross), which works out to roughly $29.62/hour at a full-time job.

Is Canyon Lake expensive for a 2-bedroom compared to the rest of the US?

Canyon Lake's 2-bedroom median of $1,540 is +7% below the national 2-bedroom median of $1,655. It ranks in the 43th percentile of US cities tracked.

How does Canyon Lake rank for 2-bedroom rent in Texas?

Among the 262 cities in Texas with 2-bedroom data, Canyon Lake ranks #126 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Canyon Lake?

Yes — nearby cities with cheaper 2-bedroom rents include Selma ($1,273), Universal City ($1,460), Windcrest ($1,324).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Canyon Lake, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.