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Canyon, TX Townhomes for Rent

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  • /47

    $1,995

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,874 Sq Ft
    • Townhouse for Rent

    405 38th St Unit A, Canyon, TX 79015

    COMING SOON--brand new, built in 2026 by Parallel Builders. This SPACIOUS property features a three-bedroom, 2.5 bath, one car garage in Canyon, Texas. These units offer all the latest and most updated amenities, from the kitchen and bathrooms to the ceilings, including LED lighting, spacious bathrooms, oversized closets, and a back patio with a fenced in, no-maintenance yard. These beauties are

    405 38th St Unit A, Canyon, TX 79015
  • /45

    $1,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,355 Sq Ft
    • Townhouse for Rent

    2803 Conner Dr, Canyon, TX 79015

    Beautiful Modern Townhouse Very Close to the WTAMU campus.Open Floor Plan.Double Car Garage with Automatic Opener.Nice Size Bedrooms.Front Yard Care is Provided.Security Deposit is: $1950Pets Allowed with a One-Time $300 Refundable Pet Security Deposit Per Pet which may be paid over 2 months.Monthly Pet Rent is $50.00 per pet. Limit 3 petsNO Smoking.

    2803 Conner Dr, Canyon, TX 79015

Frequently Asked Questions

How much does it cost to rent a townhouse in Canyon, TX?
The median rent for a townhouse in Canyon, TX is $1,800 per month, though prices vary by neighborhood, size, and property type. As of August 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 $49,480 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 $1,237 per month in Canyon, TX, renters typically need to show $3,711 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 19.2, 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

Number of Townhouses for Rent
2
Median Townhouse Rent
$1,800
Median 3 Bedroom Townhouse Rent
$1,800
How to Rent a Home