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Rental Market Trends in The Colony, TX

What is the average rent in The Colony, TX?

$1,564/month

Average Rent

770 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

As of April 2026, the average rent in The Colony, TX is $1,564 per month. For comparison, the national average rent price in the US is currently $1,640/month, which means The Colony rent prices are 5% lower than the national average. When you rent an apartment in The Colony, you can expect to pay about $1,344 per month for a studio, $1,564 for a one-bedroom apartment, and around $2,140 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,863 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,344/month
580 Sq Ft
One Bedroom
$1,564/month
770 Sq Ft
Two Bedroom
$2,140/month
1,209 Sq Ft
Three Bedroom
$2,863/month
1,641 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,704/month
1,820 Sq Ft
Four Bedroom
$4,398/month
3,119 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,887/month
1,195 Sq Ft
Three Bedroom
$2,886/month
1,850 Sq Ft
Four Bedroom
$3,445/month
2,324 Sq Ft

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

In the past year, rent has decreased by 0.4%, which averages out to $6 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in The Colony, TX
Last Updated April 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
$1,564/month
754 Sq Ft
Austin Square
$1,605/month
794 Sq Ft
The Flatiron District
$1,605/month
794 Sq Ft
The Colony
$1,812/month
770 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
$1,812/month
770 Sq Ft
Austin Square
$1,605/month
794 Sq Ft
The Flatiron District
$1,605/month
794 Sq Ft
Castle Hills
$1,564/month
754 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
$1,812/month
770 Sq Ft
Austin Square
$1,605/month
794 Sq Ft
The Flatiron District
$1,605/month
794 Sq Ft
Castle Hills
$1,564/month
754 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 $1,564, you’ll want to make about $5,213 per month or $62,556 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

2,552 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
-
$1,297/month
Two Bedroom
-
$1,606/month
Three Bedroom
-
$1,922/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

$1,376 - $3,276 Total Monthly Price

Studio - 3 Beds

Live Grandscape

Live Grandscape

5750 Grandscape Blvd,
The Colony, TX 75056

$1,349 - $5,585

Studio - 2 Beds

Windhaven Park

Windhaven Park

6201 Windhaven Pky,
Plano, TX 75093

$834 - $2,028

1-3 Beds

Bell Southstone Yards

Bell Southstone Yards

4220 Tributary Wy,
Frisco, TX 75034

$1,460 - $3,087

Studio - 2 Beds

Property Management Companies in The Colony, TX

RPM
RPM
  • 650

    Communities

  • 178,872

    Units

  • 257

    Cities

4 Communities in The Colony
ZRS Management
ZRS Management
  • 359

    Communities

  • 107,390

    Units

  • 139

    Cities

3 Communities in The Colony
Cortland
Cortland
  • 163

    Communities

  • 59,379

    Units

  • 88

    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
  • 716

    Communities

  • 198,339

    Units

  • 339

    Cities

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

    Communities

  • 9,667

    Units

  • 21

    Cities

2 Communities in The Colony
Greystar
Greystar
  • 3,483

    Communities

  • 958,459

    Units

  • 891

    Cities

1 Community in The Colony
Cushman & Wakefield
Cushman & Wakefield
  • 454

    Communities

  • 108,181

    Units

  • 226

    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