Canyon Lake, TX housing market
Typical home value
$392K
▼ 1.8% 1 yr
Typical rent
$1,770/mo
▼ 1.6% 1 yr
Gross rent yield
5.4%
U.S. 6.3%
5-year home value change
+3%
U.S. +20%
Key takeaways
- 1The typical home in Canyon Lake is worth $391,808, down 1.8% over the past year and up 3% over five years.
- 2Typical rent is $1,770 a month (−1.6% YoY), a gross rent yield of 5.4% (below the San Antonio, TX metro's 6.2%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,153/mo, $383 more than typical rent.
- 4Zillow forecasts the San Antonio, TX metro's home values to change −1.3% over the next 12 months.
Market temperature (San Antonio, TX metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 23/100, #512 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Canyon Lake compares
| Measure | Canyon Lake | San Antonio, TX metro | United States |
|---|---|---|---|
| Typical home value | $391,808 | $273,806 | $366,157 |
| Home value, 1-yr change | −1.8% | −1.9% | +1.2% |
| Typical rent | $1,770 | $1,415 | $1,932 |
| Rent, 1-yr change | −1.6% | −0.8% | +2.7% |
| Gross rent yield | 5.4% | 6.2% | 6.3% |
| Price-to-rent ratio | 18.4 | 16.1 | 15.8 |
| Mortgage P&I, typical home | $2,153 | $1,505 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Canyon Lake rental, pre-filled.
Rent vs buy in Canyon Lake
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $392K home.
Landlord in Texas? See Texas deposit, late fee and notice rules.
Other cities in the San Antonio, TX metro
San Antonio, TX
$245K home$1,381 rent
▼ 2.2% 1 yr
New Braunfels, TX
$345K home$1,560 rent
▼ 1.9% 1 yr
Boerne, TX
$556K home$1,436 rent
▼ 0.3% 1 yr
Seguin, TX
$268K home$1,395 rent
▼ 1.7% 1 yr
Converse, TX
$239K home$1,660 rent
▼ 4.3% 1 yr
Cibolo, TX
$329K home$1,677 rent
▼ 1.6% 1 yr
Schertz, TX
$309K home$1,786 rent
▼ 1.1% 1 yr
Universal City, TX
$259K home$1,189 rent
▼ 2.3% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.