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

Canyon Short-Term Rental Market Overview

Canyon, TX is a compact short-term rental market with 91 active Airbnb listings and an average annual revenue of $29,283 per property. While the average daily rate of $200 sits below the Texas state average of $276, the market's above-average growth trend and affordable home values around $458,394 create a favorable entry point for investors seeking exposure to the Texas Panhandle. Two-bedroom properties stand out as the clear revenue leaders, pulling in roughly $50,064 annually — well above the market average.

Key Market Statistics

According to Rabbu market data, the Canyon 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

Canyon appeals to investors looking for an affordable Texas entry point with growing demand and room for differentiation in a still-emerging STR market.

Expert Market Assessment

"Canyon earns an ROI score of 59 out of 100 — an "Attractive Opportunity" designation that reflects average revenue-to-price ratios and occupancy stability, bolstered by above-average growth. Seasonality is moderate: revenue peaks in June and July at around $3,207–$3,217 per month, while January represents the softest period at $1,520. Two-bedroom units are the clear sweet spot, combining the highest occupancy among multi-bedroom configurations (32%) with the best RevPAN ($78), though the supply-demand balance currently rates below average, suggesting recent supply additions may be outpacing demand growth in the near term."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Canyon

Average revenue by month in Canyon

Revenue peaks in July at $3,217 and bottoms out in January at $1,520, creating a roughly 2:1 spread that reflects moderate seasonality driven by summer travel. March's spike to $2,852 suggests a secondary demand bump, likely tied to spring break, while the October–November shoulder season holds relatively steady around $2,382–$2,454.

Active Airbnb listings by property size in Canyon

One-bedroom (26) and two-bedroom (25) listings dominate Canyon's supply, accounting for over half of all active listings. Four-bedroom properties are the scarcest at just 9 listings, which could represent an opportunity — or a signal of limited demand for larger groups in this market.

Average daily rate (ADR) by property size in Canyon

Two-bedroom units command the highest ADR at $243, while studios sit at $122 — a clear premium for the extra space. Interestingly, three- and four-bedroom properties don't command higher rates than two-bedrooms ($222 and $223 respectively), suggesting the ADR premium plateaus beyond two bedrooms in Canyon.

Average RevPAN by property size in Canyon

Two-bedroom properties deliver the strongest RevPAN at $78, nearly double the next-best category (four-bedrooms at $56). Studios and one-bedrooms cluster around $39–$40, while three-bedrooms lag at just $35, making them the least efficient size on a per-available-night basis.

Average occupancy rates by property size in Canyon

Studios and two-bedrooms lead occupancy at 33% and 32% respectively, while three-bedroom properties trail significantly at just 16%. This wide spread suggests that smaller units and mid-size two-bedrooms enjoy more consistent demand, making them the safer bet for investors prioritizing cash-flow stability.

Average monthly revenue by property size in Canyon

Two-bedroom listings are the clear monthly revenue leaders at $4,172, more than triple what studios earn ($1,080) and nearly double the next-highest category (four-bedrooms at $2,657). One-bedroom units generate only $1,223 per month, underscoring that the extra bedroom from one to two makes a dramatic difference in earning potential.

Average annual revenue by property size in Canyon

At $50,064 per year, two-bedroom properties generate the highest annual revenue — well ahead of four-bedrooms ($31,887) and three-bedrooms ($26,625). Studios bring in just $12,959 annually, making two-bedrooms the standout configuration for maximizing return potential relative to property size.

Most common amenities for Airbnb listings in Canyon

Parking (97%) and kitchen access (96%) are near-universal among Canyon listings, signaling that guests expect a functional, home-like stay. Self check-in (88%) and BBQ grills (71%) are also widespread, while differentiators like hot tubs (13%) and EV chargers (9%) remain rare — representing potential competitive advantages for hosts willing to invest in premium features.

Understanding Canyon's ROI Score: 59/100

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's ROI score of 59 out of 100 places it in the "Attractive Opportunity" band, reflecting a balanced profile with average revenue-to-price ratios and occupancy stability, paired with above-average market growth. The below-average supply/demand balance is worth monitoring — 93% listing growth means new supply is entering faster than demand, which could compress returns if the trend continues. Investors should pair these metrics with local regulatory research and a property-level financial analysis before committing.

Short-Term Rental Regulations in Canyon

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

Permit Requirements

Short-term rental operators in Canyon, TX should verify whether a permit or registration is required by the City of Canyon and Randall County before listing a property. Texas does not impose a statewide STR licensing framework, so requirements vary by locality — investors are encouraged to check directly with local planning and zoning authorities.

Key Restrictions

Common restrictions that may apply include occupancy limits, minimum night stays, noise ordinances, and parking requirements. HOA covenants can also restrict or prohibit short-term rentals in certain neighborhoods, so reviewing deed restrictions before purchasing is essential.

Tax Obligations

Texas requires collection of a 6% state hotel occupancy tax, and local jurisdictions may impose additional lodging or tourism taxes. Many platforms like Airbnb automatically collect and remit these taxes on behalf of hosts, but operators should confirm compliance with the Texas Comptroller's office and local tax authorities.

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

Future Outlook & Long-Term Forecast

"With listing growth at 93% year-over-year, Canyon's STR supply is expanding rapidly, which may moderate revenue per listing if demand doesn't keep pace. That said, the above-average market growth trend suggests rising visitor interest, and we estimate ADR could see modest gains of 1–3% over the next 12–18 months as operators optimize pricing around the June–July peak. Occupancy, currently at 27%, may tighten slightly as the market matures, with realistic expectations settling in the 25–30% range depending on property type and management quality."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Canyon, TX

What is the average Airbnb occupancy rate in Canyon?

The average occupancy rate for Airbnb listings in Canyon is currently 27%, compared to the Texas state average of 33%. Occupancy varies significantly by property size — studios and 2-bedrooms lead at 32–33%, while 3-bedroom properties average just 16%. Investors targeting higher occupancy should focus on smaller units or two-bedroom configurations.

How much do Airbnb hosts make in Canyon?

Based on trailing 12-month data, the average Airbnb host in Canyon earns approximately $2,440 per month or $29,283 annually. However, revenue varies substantially by property size: two-bedroom listings lead at $4,172/month ($50,064/year), while studios average $1,080/month ($12,959/year). Property quality, pricing strategy, and seasonal management all influence individual results.

Is Canyon a good market for Airbnb investment?

Canyon scores 59 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" tier. The market benefits from above-average growth and relatively affordable home prices around $458,394, though the supply-demand balance is currently rated below average due to rapid listing growth (93% year-over-year). Two-bedroom properties offer particularly strong return potential at $50,064 in annual revenue. Investors should pair this data with local regulatory research and a property-specific analysis.

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

The average daily rate in Canyon is $200, which is below the Texas state average of $276. ADR varies by property size: studios average $122, one-bedrooms $162, two-bedrooms $243, and three- and four-bedrooms come in around $222–$223. The two-bedroom category commands the highest nightly rate in this market.

Are short-term rentals legal in Canyon?

Short-term rentals are generally permitted in Texas, though specific regulations vary by municipality. Investors in Canyon should check with the City of Canyon and Randall County for any local permit requirements, zoning restrictions, or HOA rules that may apply. Texas requires collection of a 6% state hotel occupancy tax, and additional local taxes may apply.

When is peak season for Airbnb in Canyon?

Peak season in Canyon runs from June through July, when average monthly revenue reaches $3,207–$3,217. March also sees a notable bump to $2,852, potentially driven by spring break travel. The slowest months are January and February, with revenue dipping to $1,520–$1,645. This seasonality pattern suggests a summer-driven market with a roughly 2x spread between peak and off-peak months.

How many Airbnbs are there in Canyon?

As of April 2026, there are 91 active Airbnb listings in Canyon. The supply is distributed across property sizes: 26 one-bedroom listings and 25 two-bedroom listings make up the majority, followed by 17 three-bedrooms, 11 studios, and 9 four-bedrooms. Notably, the market has seen 93% year-over-year growth in active listings.

How is Airbnb revenue calculated in Canyon?

The annual and monthly revenue figures for Canyon 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 aggregate the results into a market-level historical average. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks and slower periods. Individual results can vary based on property quality, pricing strategy, and operational management.

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, TX and surrounding areas
• Average daily rate, occupancy, 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 in the market

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 averages and current snapshots as of April 2026; market conditions can shift due to regulatory changes, economic factors, or seasonal variation. Individual property results will vary based on location, condition, pricing strategy, and management quality.