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Homes & Apartments for Rent in Canyon, TX 79015

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What to Know About

Life in Canyon & Beyond

Canyon shares many of the great qualities that make Texas a desirable place to live.

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Canyon, TX

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As of November 2026, Canyon's rental market is highly competitive, with rentals spending about 19 days on the market, faster than in Texas (32), and rents up 8.9% over the past year. Canyon's average rent is 26.7% ($455) lower than the Texas average of $1,704 and 38.7% ($787) lower than the U.S. average of $2,036.

Average Rent
$1,249
Monthly ChangeMonth Over Month Change
Increased1.45% ($18)
Yearly ChangeYear Over Year Change
Increased8.9% ($102)
Days on Market
19
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $857 Increased0.36% ($3) Increased3.2% ($27)
2 Beds $1,180 Increased0.12% ($1) Increased4.9% ($55)
3 Beds $2,133 Increased3.78% ($78) Increased17.8% ($323)
Based on rentals advertised on RentalSource in and around Canyon.
Frequently Asked Questions
Canyon Rental Market FAQs

Explore rental prices, market conditions, and affordability in Canyon, TX.

The average rent in Canyon, TX is about $1,249 per month.
In Canyon, the average rent is about $857 per month for a 1-bedroom home, about $1,180 for a 2-bedroom home and about $2,133 for a 3-bedroom home.
The average rent in Canyon is 38.7% ($787) lower than the national average of $2,036 per month.
The rental market in Canyon, TX is currently highly competitive, with rentals spending about 19 days on the market, faster than in Texas (32), and rents up 8.9% over the past year.
Based on the current averages, a household would need an annual income of about $47,200 to comfortably afford a 2-bedroom home in Canyon.
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