
Cheap Homes for Rent in The Colony Neighborhood of Frisco, TX from $500 (50 Rentals)
Search the lowest-cost Homes available for rent right now in the The Colony area of Frisco.


5540 N Colony Blvd

3108 Hereford Dr

6824 Fryer St

5961 Robinwood Ln

4550 Windhaven Pkwy, Unit 3409

502 E College St, Unit 445

5275 Town and Country Blvd, Unit 1152

4632 Jenkins Cir

145 N Kealy Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

502 E College St, Unit 311

502 E College St, Unit 413

502 E College St, Unit 365

5275 Town and Country Blvd, Unit 2352

5275 Town and Country Blvd, Unit 2344

5275 Town and Country Blvd, Unit 2452

502 E College St, Unit 436

2040 E State Hwy 121, Unit 5025

2040 E State Hwy 121, Unit 1059

2040 E State Hwy 121, Unit 3031
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.

6300 FM 423, Unit 18123

2040 E State Hwy 121, Unit 1019

6300 F 423, Unit 6107

6011 McAfee Dr

6011 Dooley Dr

6300 F 423, Unit 3117

2040 E State Hwy 121, Unit 3016

2040 E State Hwy 121, Unit 1075

2040 E State Hwy 121, Unit 1077

4646 Carr St
Cash 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.

4646 Carr St

2040 E State Hwy 121, Unit 4016

2040 E State Hwy 121, Unit 5059

6300 FM 423, Unit 17210

6053 McAfee Dr

6300 FM 423, Unit 18126

2040 E State Hwy 121, Unit 5037

502 E College St, Unit 509

6300 FM 423, Unit 15117

4423 Chapman St
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.

3517 Windhaven Pkwy

3517 Windhaven Pkwy

7303 Augusta St

502 E College St, Unit 225

6300 FM 423, Unit 18229

5633 Painter St

6300 F 423, Unit 3314

6300 F 423, Unit 3307

502 E College St, Unit 476

12628 Ocean Spray Dr
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.
The Colony, Frisco, TX Local Guide

How much does it cost to rent a home in The Colony?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Colony 2 Bedroom Homes for Rent | $2,002 | $1,150 | $3,000 |
| The Colony 3 Bedroom Homes for Rent | $2,848 | $700 | $6,000 |
| The Colony 4 Bedroom Homes for Rent | $3,485 | $2,195 | $8,700 |
| The Colony 5 Bedroom Homes for Rent | $4,880 | $2,800 | $10,000+ |
| The Colony 6 Bedroom Homes for Rent | $5,783 | $5,200 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the The Colony Neighborhood of Frisco, TX.
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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 Windhaven Park priced from $915. Bell Frisco Market Center has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. Here are the most affordable The Colony apartments for rent in Frisco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windhaven Park | A1 | 1BR,1BA | $915 |
| Bell Frisco Market Center | A1B | 1BR,1BA | $1,030 |
| Bella Madera | A1 | 1BR,1BA | $1,039 |
| Lakeside 121 Apartments | Lake Breeze | 1BR,1BA | $1,100 |
| Avalon Frisco at Main | A1-652 | 1BR,1BA | $1,100 |
| Vue Castle Hills | A1 | 1BR,1BA | $1,101 |
| Stonebriar of Frisco | Bosch | 1BR,1BA | $1,102 |
| Olympus Boulevard | A1 | 1BR,1BA | $1,110 |
| Flatiron District at Austin Ranch | Arbor Hills 2E1 | 1BR,1BA | $1,168 |
| Lantower Legacy Lakes | A1 | 1BR,1BA | $1,169 |
Best Value Apartments for Rent in The Colony, TX
As of May 27, 2026 the best value apartment in the The Colony area is the $1.73 price per square foot B1 Model at Kilby in the in the Heritage Village neighborhood starting from $1,865. The second greatest value The Colony apartment is the B2A Model at Bell Frisco Market Center starting at $1,705 with a $1.63 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. |
|---|---|---|---|
| Kilby | B1 | 2BR,2BA | $1.73 |
| Bell Frisco Market Center | B2A | 2BR,2BA | $1.63 |
| Stonebriar of Frisco | Monaco | 1BR,1BA | $1.51 |
| The Village at Lakefront | Pitch, Propeller, Racer, Sole, &Deck | 1BR,1BA | $1.65 |
| Cortland Phillips Creek Ranch | A2 & A6 | 1BR,1BA | $1.72 |
| Lebanon Ridge | A1 | 1BR,1BA | $1.59 |
| Lakeside 121 Apartments | Nautica-Furnished | 1BR,1BA | $1.73 |
| Olympus Boulevard | A1 | 1BR,1BA | $1.58 |
| Vue Castle Hills | A1 | 1BR,1BA | $1.59 |
| Avalon Frisco at Main | A1-652 | 1BR,1BA | $1.69 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
Frequently Asked Questions about The Colony
What type of rentals are currently available in The Colony?
There are currently 103 Apartments for Rent in The Colony, TX with pricing that ranges from $1,039 to $22,760. There are also 274 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Colony ranging from $500 to $12,500.
What is the current price range for Rental Homes in The Colony?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Colony ranges from $500 to $12,500 with an average monthly rent of $3,378.
How much are larger Three and Four Bedroom Rentals in The Colony?
For those who are looking for larger living arrangements, Three Bedroom Apartments in The Colony range from $1,751 to $13,933, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,883.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.