ZIP Code · TX

ZIP 79015

Part of Canyon, TX

Pop. 23,765·Randall County·607th most expensive ZIP in Texas

Median rent (all units)

$1,232/mo

Year-over-Year

+7.4%

Month-over-Month

+1.0%

vs US Median

-$700

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 79015 · $1,232

More affordable than 90% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$740

1 BR

$860

2 BR

$1,050

3 BR

$1,440

4 BR+

$1,670

Research median

$1,050/mo

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

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 79015 is 0.3% below its high of $1,236 in July 2026, at $1,232 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 79015 changed +7.4% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($83,445) is $2,086 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,670).

From Zillow's monthly rent index (ZORI) for ZIP 79015. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,784/yr

At $1,232/mo median

Location

CityCanyon

StateTX

CountyRandall County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.4% YoY, +1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 79015 (Canyon, TX) is majority owner-occupied, 42.6% of residents hold a bachelor's degree or higher.

Population

23,765

Median income

$83,445

Median age

33.6

Renters

33%

Age distribution

23.2%

29.3%

22%

13.7%

Under 1823.2%

18–3429.3%

35–5422%

55–6411.9%

65+13.7%

Gender

49.4%

50.6%

Male49.4%

Female50.6%

Race & ethnicity

82.1%

17.5%

White82.1%

Black2.1%

Hispanic17.5%

Asian0.7%

Education (25+)

23.6%

29.5%

42.6%

No HS diploma4.3%

HS diploma23.6%

Some college29.5%

Bachelor's+42.6%

Housing tenure

67%

33%

Owner67%

Renter33%

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

2023 vs 2026

How ZIP 79015 in Canyon, TX has changed in 5 years

Rent

$1,052 → $1,232

up 17.1%

Income

$76,896 → $83,445

up 8.5%

Population

22,493 → 23,765

up 5.7%

Renter share

29.2% → 33%

+3.8 pts

Bachelor's+

41.4% → 42.6%

+1.2 pts

Compared with 2023, rent in ZIP 79015 in Canyon, TX has climbed by $180 per month, settling near $1,232 after starting the period at $1,052. Household income in the area moved from $76,896 to $83,445 across the same window, up 8.5% versus 2021. Rent outpaced income growth by roughly 8.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 22,493 to 23,765 between 2021 and 2024, a 5.7% change. About 33% of households rent today, against 29.2% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 79015 in Canyon, TX look reasonable against where the market sat half a decade ago.

Community

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About renting in ZIP 79015

Last updated: October 17, 2026

ZIP code 79015 covers Canyon, TX. The median rent here is $1,232/mo as of October 2026. A 1-bedroom rents for a median of $860/mo. A 2-bedroom rents for a median of $1,050/mo.

At 18% of local median household income ($83,445/yr), ZIP 79015 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 79015?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (about $24/hour full-time) to afford the median rent of $1,232/mo in ZIP 79015. The local median household income is $83,445/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 79015?

Rent in ZIP 79015 has risen 7.4% over the past year as of September 2026. It sits 0.3% below its high of $1,236 in July 2026.

How does ZIP 79015 compare to other ZIPs in Texas?

ZIP 79015 is one of the more affordable among Texas ZIP codes for rent, ranking #607 of 693 at $1,232/mo. Over the year to September 2026, rent in ZIP 79015 changed +7.4%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.