Canyon Lake, TX Airbnb Market Data, Statistics, and Occupancy Rates

Canyon Lake Short-Term Rental Market Overview

Canyon Lake, TX is a seasonal, lake-driven short-term rental market with 348 active Airbnb listings and an average annual revenue of $26,555. With an ADR of $231 — below the Texas state average of $276 — and a notably low occupancy rate of 21% compared to the 33% state average, the market demands careful property selection. Revenue swings sharply by season, and the 118% year-over-year growth in listings signals rapidly increasing competition that investors should weigh carefully before entering.

Key Market Statistics

According to Rabbu market data, the Canyon Lake short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Canyon Lake

Canyon Lake appeals to investors seeking lake-recreation-driven vacation rental income in the Texas Hill Country, though current metrics suggest the market rewards only carefully differentiated properties.

Expert Market Assessment

"Current data points to limited investment potential in Canyon Lake, with a Rabbu ROI Score of 33 out of 100 reflecting below-average revenue-to-price ratios and occupancy stability. The market's pronounced seasonality — July brings in $4,776 per listing while January drops to just $945 — means cash flow is concentrated in a narrow summer window, and carrying costs during the off-season can erode returns. That said, larger properties (5 and 6+ bedrooms) break away from the pack with annual revenues of $59,910 and $97,156 respectively, suggesting that group-oriented lake houses are the most viable play here. Investors willing to target the right property type and manage aggressively through the slow months may find pockets of opportunity despite the broader market headwinds."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Canyon Lake

Average revenue by month in Canyon Lake

Canyon Lake exhibits extreme seasonality: July is the clear peak at $4,776 in average revenue, while January bottoms out at just $945 — a roughly 5x spread. Investors should budget for slim winter months and plan to capture the bulk of their annual income between June and August.

Active Airbnb listings by property size in Canyon Lake

Three-bedroom properties dominate supply with 131 listings (38% of the market), followed by 2-bedrooms at 66 and 1-bedrooms and 4-bedrooms tied at 53 each. Larger formats — 5-bedrooms (16) and 6+ bedrooms (11) — are notably underrepresented, which could signal less competition and higher pricing power for group-sized lake homes.

Average daily rate (ADR) by property size in Canyon Lake

ADR scales aggressively with property size in Canyon Lake, from $135 for 1-bedrooms all the way to $771 for 6+ bedroom listings. The sharpest jump occurs between 3-bedrooms ($205) and 4-bedrooms ($323), suggesting that crossing the 4-bedroom threshold unlocks a meaningful rate premium relative to the incremental cost.

Average RevPAN by property size in Canyon Lake

RevPAN tells a clear story: larger properties deliver substantially more revenue per available night, with 6+ bedrooms earning $151 compared to just $22 for studios. Four-bedroom listings at $74 RevPAN represent a notable step up from 3-bedrooms at $38, reinforcing that bigger properties work harder in this leisure-driven market.

Average occupancy rates by property size in Canyon Lake

Occupancy rates are uniformly low across all property sizes, ranging from 16% for studios to 23% for 1-bedroom, 4-bedroom, and 5-bedroom units. The narrow spread suggests that Canyon Lake's seasonal demand pattern affects all property types similarly, and no single size category offers a meaningful occupancy advantage.

Average monthly revenue by property size in Canyon Lake

Monthly revenue diverges sharply by size: 6+ bedroom properties average $8,096 per month, roughly four times the $2,076 earned by 3-bedrooms and nearly ten times the $870 for studios. For investors looking at Canyon Lake, the revenue case for larger properties is hard to ignore despite higher acquisition and operating costs.

Average annual revenue by property size in Canyon Lake

Annual revenue ranges from $10,444 for studios to $97,156 for 6+ bedroom properties, with 4-bedrooms ($48,499) and 5-bedrooms ($59,910) also standing well above the market average of $26,555. Given average home values near $693K, only the larger configurations are likely to generate returns that justify the purchase price.

Most common amenities for Airbnb listings in Canyon Lake

Kitchens (97%), parking (95%), and self check-in (88%) are near-universal, reflecting guest expectations for self-service vacation homes. Outdoor amenities like BBQ grills (84%), patios (84%), and outdoor furniture (80%) are also highly prevalent — a clear signal that lake-lifestyle features are table stakes in Canyon Lake, while hot tubs (37%) and lake access (25%) remain potential differentiators.

Understanding Canyon Lake's ROI Score: 33/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Canyon Lake's ROI Score of 33 out of 100 places it in the "Limited" investment potential band, driven primarily by a below-average revenue-to-price ratio and below-average occupancy stability. Market growth trend and supply/demand balance rate as average, but the rapid 118% listing growth raises concern about future dilution. Investors considering this market should pair the data with thorough local regulatory research and focus on larger, differentiated properties where the revenue math is more compelling.

Short-Term Rental Regulations in Canyon Lake

Understanding local STR regulations is essential before investing in Canyon Lake. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Canyon Lake, TX may need to obtain permits or register with Comal County or applicable local authorities. Investors should verify current requirements directly with Comal County and the State of Texas before listing a property.

Key Restrictions

Common STR restrictions in the Canyon Lake area can include occupancy limits tied to septic or wastewater capacity, noise ordinances, parking requirements, and minimum-stay rules. HOA and deed restrictions are especially relevant in lakefront and subdivision communities, so prospective buyers should review governing documents carefully.

Tax Obligations

Texas imposes a 6% state hotel occupancy tax on short-term rentals, and Comal County or local taxing authorities may levy additional lodging or occupancy taxes. Major platforms typically collect and remit state taxes on behalf of hosts, but investors should confirm local obligations and filing requirements independently.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Canyon Lake can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Canyon Lake's STR market is likely to remain heavily seasonal, with summer months (June through August) continuing to generate the bulk of annual income. The rapid supply growth — listings more than doubled year over year — may put additional downward pressure on occupancy rates and ADRs unless demand keeps pace. Investors should plan conservatively, expecting market-wide occupancy to hover in the 18–23% range and focusing on larger properties that capture group and family bookings during peak season. Modest ADR increases of 1–3% are possible for well-positioned listings, but overall revenue growth will hinge on whether supply expansion stabilizes."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Canyon Lake, TX

What is the average Airbnb occupancy rate in Canyon Lake?

The average Airbnb occupancy rate in Canyon Lake is currently 21%, which is well below the Texas state average of 33%. Occupancy varies by property size, ranging from 16% for studios to 23% for 1-bedroom, 4-bedroom, and 5-bedroom listings. The low overall rate reflects Canyon Lake's strong seasonality — demand surges in summer and drops significantly during cooler months.

How much do Airbnb hosts make in Canyon Lake?

On average, Canyon Lake Airbnb hosts earn about $2,212 per month or $26,555 per year based on trailing 12-month booking data. However, revenue varies dramatically by property size: studios average around $10,444 annually, while 6+ bedroom properties pull in roughly $97,156. The summer months — especially June through August — account for a disproportionate share of annual income.

Is Canyon Lake a good market for Airbnb investment?

Canyon Lake currently carries a Rabbu ROI Score of 33 out of 100, indicating limited investment potential at a market-wide level. Below-average occupancy (21%) and a revenue-to-price ratio that trails comparable markets make it a higher-risk choice. That said, larger lakefront properties targeting families and groups can significantly outperform the averages, so success here depends heavily on selecting the right property type and managing it effectively through the off-season.

What is the average daily rate (ADR) for Airbnb in Canyon Lake?

The average daily rate for Airbnb listings in Canyon Lake is $231, which is below the Texas state average of $276. ADR scales steeply with property size — studios and 1-bedrooms average $135–$141 per night, while 6+ bedroom properties command an impressive $771 per night. For investors, this premium on larger properties is one of the clearest signals in the market.

Are short-term rentals legal in Canyon Lake?

Short-term rentals do operate in Canyon Lake, TX, with 348 active Airbnb listings currently in the market. However, local regulations including permits, occupancy limits, and tax obligations may apply. Investors should check with Comal County and the State of Texas for the latest STR rules, and carefully review any HOA or subdivision deed restrictions before purchasing a property.

When is peak season for Airbnb in Canyon Lake?

Peak season in Canyon Lake runs from June through August, with July being the single strongest month at an average revenue of $4,776 per listing. June ($3,512) and August ($3,751) are also strong. The off-season runs from October through February, when monthly revenue can drop below $1,100. March and May see moderate demand spikes as shoulder-season months.

How many Airbnbs are there in Canyon Lake?

There are currently 348 active Airbnb listings in Canyon Lake. The supply has grown 118% year over year, making it one of the faster-growing STR markets in the area. Three-bedroom properties dominate with 131 listings, followed by 2-bedrooms (66) and 1-bedrooms and 4-bedrooms (53 each). Studios, 5-bedrooms, and 6+ bedroom properties are comparatively scarce.

How is Airbnb revenue calculated in Canyon Lake?

The annual and monthly revenue figures for Canyon Lake are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and how actively the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for Canyon Lake and surrounding areas
• Occupancy rates, average daily rates, and RevPAN trends by property size and month
• Annual and monthly revenue estimates based on trailing 12-month booking performance
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to benchmark guest expectations

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not account for recent regulatory or market changes. Individual property results will vary based on location, condition, pricing strategy, and management quality.