Rentometer, Inc. | Data as of 10/23/2025
The Colony, Texas, offers a vibrant rental landscape that balances suburban comfort with easy access to the Dallas‑Fort Worth metroplex. Residents enjoy a mix of modern apartment complexes and spacious single‑family homes, catering to professionals, growing families, and retirees alike. Popular neighborhoods such as East Linn, Lakeside, and the historic downtown district showcase tree‑lined streets, well‑maintained parks, and a strong sense of community, making the area especially appealing for those seeking a welcoming environment.
Rental options span from efficient studio apartments—typically priced in the $1500s—to one‑bedroom units in the $1800s, providing affordable entry points for young adults and students. Larger families often choose two‑bedroom apartments or houses, which generally fall within the $2400s, while three‑ and four‑plus bedroom homes can reach the $2800‑$3300 range, reflecting the added space and amenities these properties offer. The market’s diversity ensures that both renters looking for low‑maintenance living and those desiring expansive floor plans find suitable choices.
Beyond housing, The Colony boasts a variety of attractions that enhance the rental experience. Proximity to Lewisville Lake offers recreational activities such as boating and fishing, while the Town Center at The Colony provides shopping, dining, and entertainment options. Notable landmarks like the Great Wolf Lodge and the historic downtown square contribute to a lively local culture, making The Colony an attractive destination for renters seeking a balanced lifestyle with convenient access to both natural beauty and urban amenities.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,494 | $1,536 | $1,119 - $1,665 | $1,479 - $1,598 |
| Apartment | 1 Bedroom | $1,807 | $1,774 | $1,186 - $3,968 | $1,480 - $2,040 |
| Apartment | 2 Bedroom | $2,407 | $2,409 | $1,519 - $6,896 | $1,865 - $2,722 |
| Apartment | 3 Bedroom | $2,851 | $2,935 | $1,949 - $3,708 | $2,250 - $3,342 |
| Apartment | 4+ Bedroom | $3,292 | $3,352 | $3,026 - $3,500 | $3,026 - $3,500 |
| House | 2 Bedroom | $1,714 | $1,675 | $1,250 - $2,000 | $1,565 - $2,000 |
| House | 3 Bedroom | $2,367 | $2,222 | $245 - $5,250 | $2,095 - $2,500 |
| House | 4+ Bedroom | $3,270 | $2,900 | $2,000 - $6,090 | $2,575 - $3,850 |
In the current period, the average rent in The Colony was $1,494 for Studio, $1,808 for 1 Bedroom, $2,339 for 2 Bedroom, $2,418 for 3 Bedroom, and $3,151 for 4+ Bedroom.
Data provided by Rentometer, Inc.