
Cheap Apartments for Rent in the The Colony Neighborhood of Frisco, TX from $700 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Colony area of Frisco.


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Avalon Frisco at Main

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The Plaza at Frisco Square

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Civic at Frisco Square Apartments

The Maxwell

Palermo by the Park

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Bell Frisco Market Center

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The Margo

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Ravello Stonebriar

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4 Corners
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Kilby

Presidium Frisco Square

Sorrel Phillips Creek Ranch

Remy

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Isaac Apartments

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Jefferson Railhead

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Mirra

Bell Southstone Yards

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Jefferson Park House

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The Kathryn
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Legacy Estates at Frisco

Stonebriar of Frisco

Modera Frisco Square

Cortland Phillips Creek Ranch

20602 Hackberry Creek Park Rd

20602 Hackberry Creek Park Rd

Lakeside 121 Apartments

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Avalon at Pier 121

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The District in Little Elm

Bella Madera
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Vue Castle Hills

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The Village at Lakefront

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Jefferson Grandscape

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Orion McCord Park Apartments

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Halcyon Castle Hills

Windhaven Park

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Flatiron District at Austin Ranch

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The Atlantic Stonebriar

Station at Old Town

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Tapestry at the Realm
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Discovery at The Realm

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Platinum Castle Hills

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Avalon Castle Hills

Valor at the Realm

Olivian at the Realm

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Live Grandscape

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The Walden

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Jefferson Union

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Aura Avant

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The Chloe
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
The Colony, Frisco, TX Local Guide

How much does it cost to rent an apartment in The Colony?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Colony Studio Apartments | $1,417 | $1,030 | $1,848 |
| The Colony 1 Bedroom Apartments | $1,665 | $973 | $8,567 |
| The Colony 2 Bedroom Apartments | $2,349 | $1,330 | $6,550 |
| The Colony 3 Bedroom Apartments | $2,928 | $1,720 | $7,891 |
| The Colony 4 Bedroom Apartments | $3,872 | $2,445 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 64 rentals with your search options within a 2 mile radius of the The Colony Neighborhood of Frisco, TX.
See all Apartments in FriscoExplore Frisco
The Colony, Frisco, TX Local Guide
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Cheapest Available The Colony Apartments for Rent
 The cheapest available apartment rental in the The Colony area of Frisco, TX is a 1 Bed unit found at Lakeside 121 Apartments priced from $973. Avalon at Pier 121 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,045. Here are the most affordable The Colony apartments for rent in Frisco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeside 121 Apartments | Lake Breeze | 1BR,1BA | $973 |
| Avalon at Pier 121 | A1 | 1BR,1BA | $1,045 |
| The District in Little Elm | E1 | Studio,1BA | $1,052 |
| Olympus Boulevard | E1 | Studio,1BA | $1,054 |
| Avalon Frisco at Main | A1-652 | 1BR,1BA | $1,085 |
| Bella Madera | A1 | 1BR,1BA | $1,085 |
| Stonebriar of Frisco | Degas B | 1BR,1BA | $1,093 |
| Vue Castle Hills | A1 | 1BR,1BA | $1,101 |
| Thousand Oaks | Oaks 5A3 | 1BR,1BA | $1,110 |
| Civic at Frisco Square Apartments | S2 | Studio,1BA | $1,140 |
Best Value Apartments for Rent in The Colony, TX
As of March 01, 2026 the best value apartment in the The Colony area is the $1.48 price per square foot B1 Model at Alaqua at Frisco Apartments in the in the The Landing at Waterstone neighborhood starting from $1,699. The second greatest value The Colony apartment is the The Metro Model at The Plaza at Frisco Square starting at $1,450 with a $1.78 price per square foot in the Heritage Village neighborhood. Here is today’s list of the best values for The Colony apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Alaqua at Frisco Apartments | B1 | 2BR,2BA | $1.48 |
| The Plaza at Frisco Square | The Metro | 1BR,1BA | $1.78 |
| Lantower Legacy Lakes | A4 | 1BR,1BA | $1.77 |
| Lebanon Ridge | A1 | 1BR,1BA | $1.75 |
| The Village at Lakefront | Jet & Knot | 1BR,1BA | $1.65 |
| Lakeside Manor 62+ Senior Apartments | One Bedroom A | 1BR,1BA | $1.71 |
| Avalon at Pier 121 | A2 | 1BR,1BA | $1.79 |
| Vue Castle Hills | A1 | 1BR,1BA | $1.59 |
| Windhaven Park | A1 | 1BR,1BA | $1.78 |
| Avalon Frisco at Main | A1-652 | 1BR,1BA | $1.66 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in The Colony, Frisco, TX
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas including The Colony, Frisco, and the greater Frisco area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap The Colony Apartments
What is a cheap apartment in The Colony?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Colony is under $1,140.
What is the price of a cheap apartment in The Colony?
The cheapest apartment in The Colony is Lakeside 121 Apartments which is listed at $973, while the average apartment in The Colony costs $6,523.
What types of apartments are the cheapest in The Colony?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 124 regular apartments in The Colony that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in The Colony?
Cheap apartments in The Colony have an average cost of $129 which is $6,394 cheaper than the average rent for all rentals in The Colony.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.