2-Bedroom Apartment Rent in Canyon, TX
Median asking rent for a 2-bedroom apartment in Canyon, Texas as of August 2026. That's +20% lower than the citywide median of $1,369 and +34% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Canyon
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.
Rent by apartment size in Canyon
Compare Canyon's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Texas
Most expensive cities for a 2-bedroom in Texas
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | University Park | $2,830 |
| 2 | Argyle | $2,830 |
| 3 | Flower Mound | $2,765 |
| 4 | Little Elm | $2,630 |
| 5 | Aledo | $2,560 |
| 6 | Justin | $2,500 |
| 7 | Lakeway | $2,490 |
| 8 | Lavon | $2,470 |
| 9 | Keller | $2,400 |
| 10 | Royse City | $2,380 |
| 11 | Haslet | $2,370 |
| 12 | Celina | $2,340 |
| 13 | Fresno | $2,290 |
| 14 | Bellaire | $2,290 |
| 15 | Leander | $2,260 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Canyon.
| City | Distance | 2-Bedroom rent | vs Canyon |
|---|---|---|---|
| Amarillo, TX | 16 mi | $1,226 | +$136 (+12%) |
| Lubbock, TX | 94.9 mi | $1,183 | +$93 (+9%) |
| Clovis, NM | 98.5 mi | $980 | $-110 (-10%) |
| Wolfforth, TX | 102.5 mi | $1,300 | +$210 (+19%) |
| Portales, NM | 110.6 mi | $930 | $-160 (-15%) |
| Roswell, NM | 193.1 mi | $1,030 | $-60 (-6%) |
2-Bedroom rent in Canyon — common questions
How much is a 2-bedroom apartment in Canyon?
As of August 2026, the median 2-bedroom apartment rent in Canyon, Texas is $1,090 per month. This is +20% below the citywide median of $1,369.
What income do you need to afford a 2-bedroom in Canyon?
Using the standard 30% rent-to-income rule, you would need an annual income of about $43,600 ($3,633/month gross), which works out to roughly $20.96/hour at a full-time job.
Is Canyon expensive for a 2-bedroom compared to the rest of the US?
Canyon's 2-bedroom median of $1,090 is +34% below the national 2-bedroom median of $1,655. It ranks in the 11th percentile of US cities tracked.
How does Canyon rank for 2-bedroom rent in Texas?
Among the 261 cities in Texas with 2-bedroom data, Canyon ranks #32 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Canyon?
Yes — nearby cities with cheaper 2-bedroom rents include Clovis ($980), Portales ($930), Roswell ($1,030).