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Studio Apartment for Rent in Canton, TX

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    $700 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    14474 I-20, Canton, TX 75103

    Welcome to Elken Village, a gated 55+ tiny home village community designed for peaceful, low-maintenance living. This lot lease is for one 13x50' lot within a charming 21-lot community, offering a unique opportunity to bring your own approved tiny home and settle into a vibrant lifestyle. Multiple lots available to choose from. Elken Village features a variety of amenities, including a serene

    14474 I-20, Canton, TX 75103

Why Live in Canton

Canton, Texas, a small town of about 5,000 people, is situated between Dallas and Tyler, offering a serene lifestyle with ample land. Residents often engage in outdoor activities like tending to animals and gardens. The town features a mix of new construction and older ranch-style homes, with properties ranging from small lots to expansive 90-acre estates. The Canton Independent School District is highly rated, with Canton Elementary, Canton Intermediate, Canton Junior High, and Canton High School all receiving commendable grades. Local attractions include Mill Creek Reservoir and Old City Lake for boating, fishing, and sports, as well as Cherry Creek Park with its walking paths and playground. Van Zandt Country Club offers a public golf course and a members-only pool. Dining options range from local eateries like Craft 64 and Q & Brew to chain restaurants such as Applebee's and Pizza Hut. Grocery shopping is convenient with Walmart, Brookshire's, and the Canton Farmers Market. The town is renowned for First Monday Trade Days, a monthly event attracting up to 500,000 visitors with over 5,000 vendors. Medical services are available at UT Health East Texas Urgent Care and CHRISTUS Emergency Care Center. For travel, residents can access Tyler Pounds Regional Airport 30 miles east or Dallas Love Field and Dallas Fort Worth International Airport, 70 and 80 miles west, respectively.

Frequently Asked Questions

How much does it cost to rent a home in Canton, TX?
The median rent for a home in Canton, TX is $1,700 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Canton, TX?
To comfortably afford the median rent in Canton, TX, a household needs to earn roughly $68,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,700 per month in Canton, TX, renters typically need to show $5,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Canton, TX?
In Canton, TX, the price-to-rent ratio is 13.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Canton, TX

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,700
Median Single Family Home Rent
$1,700
Median Condo Rent
$925
How to Rent a Home