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Rent in Canyon, TX

Across Canyon's 2 ZIP codes, a 2-bedroom typically rents for about $1,080 a month, with figures from $1,053–$1,107. The highest typical rent is in 79016 ($1,107) and the lowest in 79015 ($1,053). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Randall County pay about 1.51% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Canyon, TX by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$716$634–$7972
1 bed$832$760–$9042
2 beds$1,080$1,053–$1,1072
3 beds$1,463$1,413–$1,5122
4 beds$1,230$781–$1,6782

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Canyon ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Canyon, TX?
About $1,080 a month: the median of the typical rents in 2 ZIP codes, which range from $1,053–$1,107. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Canyon, TX?
About $832 a month: the median of the typical rents in 2 ZIP codes, which range from $760–$904. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Canyon, TX?
About $1,463 a month: the median of the typical rents in 2 ZIP codes, which range from $1,413–$1,512. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Canyon, TX?
About $716 a month: the median of the typical rents in 2 ZIP codes, which range from $634–$797. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Canyon, TX?
About $1,230 a month: the median of the typical rents in 2 ZIP codes, which range from $781–$1,678. Figures are gross rent (rent plus tenant-paid utilities).
Which Canyon ZIP code has the highest rent?
For a 2-bedroom, 79016 has the highest typical rent at $1,107 a month, and 79015 the lowest at $1,053.
What is the property tax rate in Canyon, TX?
Owner-occupied homes in Randall County pay a typical 1.51% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Canyon rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).