$1,750
Total Monthly Price
- 3 Beds
- 2 Baths
- 1,560 Sq Ft
- House for Rent
1022 Santa fe Trail, Canyon, TX 79015
Large brick home with tankless water heater. Two storage sheds outside for renter. Large living room, 3 bedrooms 2 full bath
Frequently Asked Questions
How much does it cost to rent a single-family home in Canyon, TX?
The median rent for a single-family home in Canyon, TX is $1,173 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Canyon, TX?
To comfortably afford the median rent in Canyon, TX, a household needs to earn roughly $43,880 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 $1,097 per month in Canyon, TX, renters typically need to show $3,291 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 Canyon, TX?
In Canyon, TX, the price-to-rent ratio is 21.6, 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.
What neighborhoods in Canyon, TX are best for renting a single-family home?
The best neighborhood for renting in Canyon, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Hollywood-Scotsman, Heritage Hills, Saturn Terrace, Paramount-Mays and Gables, each with its own character and price range.
