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Rental Market Trends in The Colony, TX

What is the average rent in The Colony, TX?

$1,593/month

Average Rent

768 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of May 2026, the average rent in The Colony, TX is $1,593 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means The Colony rent prices are 3% lower than the national average. When you rent an apartment in The Colony, you can expect to pay about $1,443 per month for a studio, $1,593 for a one-bedroom apartment, and around $2,091 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,871 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,443/month
577 Sq Ft
One Bedroom
$1,593/month
768 Sq Ft
Two Bedroom
$2,091/month
1,209 Sq Ft
Three Bedroom
$2,871/month
1,641 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,769/month
1,835 Sq Ft
Four Bedroom
$4,074/month
2,998 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,747/month
1,863 Sq Ft

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

In the past year, rent has increased by 1.4%, which averages out to $23 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in The Colony, TX
Last Updated May 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
71% $1,501 - $2,000/month
29% 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, The Colony is the most affordable neighborhood in The Colony.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Colony
$1,825/month
768 Sq Ft

What are the most expensive neighborhoods in The Colony?

Based on current rent prices, The Colony is the most expensive neighborhood in The Colony.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Colony
$1,825/month
768 Sq Ft

Which The Colony neighborhoods have the most rentals available?

The neighborhood in The Colony with the most apartments available is The Colony .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Colony
$1,825/month
768 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 $1,593, you’ll want to make about $5,310 per month or $63,720 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

2,373 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

The Colony

The Colony, TX

The Colony

The Colony, TX

Studio
-
-
One Bedroom
$1,321/month
$1,321/month
Two Bedroom
$1,621/month
$1,621/month
Three Bedroom
$2,098/month
$2,098/month
Search
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Nearby City Rent Trends

  • Lewisville Average Rent
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  • 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

$1,401 - $3,271 Total Monthly Price

Studio - 3 Beds

Live Grandscape

Live Grandscape

5750 Grandscape Blvd,
The Colony, TX 75056

$1,579 - $4,694

Studio - 2 Beds

Windhaven Park

Windhaven Park

6201 Windhaven Pky,
Plano, TX 75093

$985 - $2,159

1-3 Beds

Bell Southstone Yards

Bell Southstone Yards

4220 Tributary Wy,
Frisco, TX 75034

$1,395 - $3,045

Studio - 2 Beds

Property Management Companies in The Colony, TX

RPM
RPM
  • 664

    Communities

  • 183,896

    Units

  • 259

    Cities

4 Communities in The Colony
ZRS Management
ZRS Management
  • 370

    Communities

  • 110,671

    Units

  • 142

    Cities

3 Communities in The Colony
Cortland
Cortland
  • 160

    Communities

  • 58,172

    Units

  • 83

    Cities

3 Communities in The Colony
Billingsley Company
Billingsley Company
  • 11

    Communities

  • 7,472

    Units

  • 6

    Cities

3 Communities in The Colony
Willow Bridge
Willow Bridge
  • 717

    Communities

  • 197,736

    Units

  • 338

    Cities

2 Communities in The Colony
Dayrise Residential LLC
Dayrise Residential LLC
  • 30

    Communities

  • 9,703

    Units

  • 20

    Cities

2 Communities in The Colony
Greystar
Greystar
  • 3,525

    Communities

  • 969,267

    Units

  • 898

    Cities

1 Community in The Colony
Cushman & Wakefield
Cushman & Wakefield
  • 450

    Communities

  • 106,294

    Units

  • 223

    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 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity