Median Age
39 Years
Largest Age Group
30-39 Years
Approximately 18% of Residents
Under 20
22%
Over 65
13%
Avg Rent
$1,576
Population
50,403
Renter Mix
43% Rent
The Colony, situated along Lewisville Lake's shores, combines lakeside living with suburban convenience in the Dallas-Fort Worth metroplex. With 23 miles of shoreline, residents enjoy year-round water activities and outdoor recreation. The rental market offers diverse housing options from apartments to single-family homes.
Established in 1973 along Highway 121, The Colony has grown into a thriving community of over 44,500 residents. The city features Grandscape, one of North Texas's largest mixed-use developments, offering shopping, dining, and entertainment options. Outdoor enthusiasts appreciate the extensive network of parks and trails throughout the community, including Stewart Creek Park and The Colony Shoreline Trail. The area is served by both Lewisville and Little Elm Independent School Districts, with multiple schools serving the community. The Colony's location provides easy access to major employment centers while maintaining its distinctive lakeside character.
Open- Wide of Lake, Houses, Retail
1-2 Story Homes - Aerial
Picnic areas are also available at the Five Star Complex.
Visit the Five Star Complex and experience its plethora of amenities.
The Colony offers its residents recreation, excitement, and convenience.
Residents of The Colony can enjoy living on the shoreline of Lewisville Lake.
Median Household Income
$105,434
Average: $126,493
Education
19,079
Residents Have a Degree
Job Market
31,410
Workers Employed
Median Age
39 Years
Largest Age Group
30-39 Years
Approximately 18% of Residents
Under 20
22%
Over 65
13%
Housing Distribution
The Colony has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in The Colony, TX is $1,357 for a studio, $1,566 for one bedroom, $2,133 for two bedrooms, and $2,885 for three bedrooms. Apartment rent in The Colony has decreased by -3.4% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly The Colony, TX is for everyday living.
Somewhat Walkable
Walkability
Very Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
473 Students
Public
Grades K-5
368 Students
Public
Grades PK-5
364 Students
Public
Grades PK-5
490 Students
Public
Grades PK-5
263 Students
Public
Grades 6-8
755 Students
Public
Grades 6-8
426 Students
Public
Grades 9-12
1,895 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.