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Rental Market Trends in The Colony, TX

What is the average rent in The Colony, TX?

$1,531/month

Average Rent

769 Sq Ft

Average Apartment Size

-5.9%

Decrease in the Last Year

As of January 2026, the average rent in The Colony, TX is $1,531 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means The Colony rent prices are 6% lower than the national average. When you rent an apartment in The Colony, you can expect to pay about $1,372 per month for a studio, $1,531 for a one-bedroom apartment, and around $2,057 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,879 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,372/month
579 Sq Ft
One Bedroom
$1,531/month
769 Sq Ft
Two Bedroom
$2,057/month
1,208 Sq Ft
Three Bedroom
$2,879/month
1,638 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,604/month
1,838 Sq Ft
Four Bedroom
$3,504/month
2,801 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,274/month
1,482 Sq Ft
Three Bedroom
$2,733/month
1,913 Sq Ft

How much has average rent changed in The Colony, TX?

In the past year, rent has decreased by 5.9%, which averages out to $89 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in The Colony, TX
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in The Colony, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
79% $1,501 - $2,000/month
21% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in The Colony?

Based on current rent prices, Castle Hills, Austin Square and The Flatiron District are the most affordable neighborhoods in The Colony.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Castle Hills
$1,539/month
784 Sq Ft
Austin Square
$1,658/month
790 Sq Ft
The Flatiron District
$1,658/month
790 Sq Ft
The Colony
$1,783/month
772 Sq Ft

What are the most expensive neighborhoods in The Colony?

Based on current rent prices, The Colony, Austin Square and The Flatiron District are the most expensive neighborhoods in The Colony.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Colony
$1,783/month
772 Sq Ft
Austin Square
$1,658/month
790 Sq Ft
The Flatiron District
$1,658/month
790 Sq Ft
Castle Hills
$1,539/month
784 Sq Ft

Which The Colony neighborhoods have the most rentals available?

The neighborhoods in The Colony with the most apartments available are The Colony, Austin Square and The Flatiron District .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Colony
$1,783/month
772 Sq Ft
Austin Square
$1,658/month
790 Sq Ft
The Flatiron District
$1,658/month
790 Sq Ft
Castle Hills
$1,539/month
784 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in The Colony, TX?

Because the average rent in The Colony is $1,531, you’ll want to make about $5,103 per month or $61,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

The Colony, TX

2,710 Available Apartments for Rent

Search for Nearby Apartments

How does The Colony, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare The Colony, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for The Colony, TX

Apartment Averages

Castle Hills

The Colony, TX

The Colony

The Colony, TX

Studio
-
-
One Bedroom
-
$1,288/month
Two Bedroom
-
$1,572/month
Three Bedroom
-
$1,981/month
Search
Search

Nearby City Rent Trends

  • Lewisville Average Rent
  • Frisco Average Rent
  • Little Elm Average Rent
  • Carrollton Average Rent
  • Lake Dallas Average Rent
  • Hickory Creek Average Rent

Apartment communities in The Colony we think you'll love

Discovery at The Realm

Discovery at The Realm

3600 Windhaven Pky,
Lewisville, TX 75056

$1,300 - $3,200

Studio - 3 Beds

Live Grandscape

Live Grandscape

5750 Grandscape Blvd,
The Colony, TX 75056

$1,385 - $5,480

Studio - 2 Beds

Bell Southstone Yards

Bell Southstone Yards

4220 Tributary Wy,
Frisco, TX 75034

$1,460 - $3,157

Studio - 2 Beds

Sorrel Phillips Creek Ranch

Sorrel Phillips Creek Ranch

5050 FM 423,
Frisco, TX 75036

$1,215 - $2,350

1-3 Beds

Property Management Companies in The Colony, TX

RPM
RPM
  • 620

    Communities

  • 169,122

    Units

  • 244

    Cities

4 Communities in The Colony
Billingsley Company
Billingsley Company
  • 11

    Communities

  • 7,472

    Units

  • 6

    Cities

3 Communities in The Colony
ZRS Management
ZRS Management
  • 339

    Communities

  • 100,584

    Units

  • 138

    Cities

2 Communities in The Colony
Bell Partners
Bell Partners
  • 230

    Communities

  • 74,189

    Units

  • 121

    Cities

2 Communities in The Colony
Cortland
Cortland
  • 154

    Communities

  • 57,760

    Units

  • 82

    Cities

2 Communities in The Colony
Dayrise Residential LLC
Dayrise Residential LLC
  • 29

    Communities

  • 9,389

    Units

  • 20

    Cities

2 Communities in The Colony
Greystar
Greystar
  • 3,440

    Communities

  • 950,115

    Units

  • 884

    Cities

1 Community in The Colony
Willow Bridge
Willow Bridge
  • 701

    Communities

  • 193,793

    Units

  • 339

    Cities

1 Community in The Colony

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United States Texas The Colony Rental Trends

Methodology

† 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity