
Home Price Key
These days, finding an affordable place to live in the Canyon Lake area can be challenging. Home prices in Canyon Lake are now at a median cost of $413,525, higher than the Texas average of $235,268.
The average cost of rent is $1,212/mo in Canyon Lake, primarily driven by the current value of real estate in the Canyon Lake area. While nearly 41.92% of residents own their homes outright in Canyon Lake, 7.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Canyon Lake is $11,185 per month. Households that rent pay about 10.83% of their income on rent here. Canyon Lake's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Bergheim, TX: higher priced homes
Cities with Similar Populations
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- Greenfield, CA: less expensive homes
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- Guilford, CT: equally priced homes
- Hanahan, SC: less expensive homes
All Local Stats
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