
Cheap Homes for Rent in the The Colony Neighborhood of Frisco, TX from $550 (61 Rentals)
Search the lowest-cost Homes available for rent right now in the The Colony area of Frisco.


5540 N Colony Blvd

Room in Duplex on N Shore Dr

701 E Main St

4301 Tributary Wy

2200 E State Hwy 121, Unit 5071

5981 Robinwood Ln

2901 Lady Bettye Dr, Unit 2022

2200 E State Hwy 121, Unit 2053

145 N Kealy Ave
Dallas's Best Affordable Neighborhoods
Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

5275 Town and Country Blvd, Unit 1410

502 E College St, Unit 311

502 E College St, Unit 413

502 E College St, Unit 365

6300 FM 423, Unit 18123

6300 F 423, Unit 6107

6011 Dooley Dr

6300 F 423, Unit 3117

502 E College St, Unit 436

2040 E State Hwy 121, Unit 5025
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2040 E State Hwy 121, Unit 1059

6300 FM 423, Unit 18126

2040 E State Hwy 121, Unit 3031

6076 Dooley Dr

6078 Dooley Dr

4436 Chapman St

2040 E State Hwy 121, Unit 3016

2040 E State Hwy 121, Unit 4016

2040 E State Hwy 121, Unit 1075

2040 E State Hwy 121, Unit 1077
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2040 E State Hwy 121, Unit 5059

4604 Larner St

6300 FM 423, Unit 15117

6010 Dooley Dr

502 E College St, Unit 509

204 Alice Dr

5308 Gates Dr

3606 Kayewood Dr

1888 Barton Springs Dr

7512 Independence Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1557 Chivalry Ln

5275 Town and Country Blvd, Unit 1225

5275 Town and Country Blvd, Unit 1253

5275 Town and Country Blvd, Unit 2461

5275 Town and Country Blvd, Unit 2451

5275 Town and Country Blvd, Unit 1427

1657 Knight Trail

502 E College St, Unit 225

6300 FM 423, Unit 18229

1978 Bishop Hill
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.
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 | $2,027 | $1,350 | $2,900 |
| The Colony 3 Bedroom Homes for Rent | $2,742 | $625 | $6,000 |
| The Colony 4 Bedroom Homes for Rent | $3,783 | $2,000 | $9,950 |
| The Colony 5 Bedroom Homes for Rent | $4,426 | $2,350 | $7,800 |
| The Colony 6 Bedroom Homes for Rent | $7,516 | $4,800 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 61 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 Stonebriar of Frisco priced from $1,031. The Plaza at Frisco Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,042. Here are the most affordable The Colony apartments for rent in Frisco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonebriar of Frisco | Degas | 1BR,1BA | $1,031 |
| The Plaza at Frisco Square | The Square | Studio,1BA | $1,042 |
| Olympus Boulevard | E1 | Studio,1BA | $1,045 |
| The District in Little Elm | E1 | Studio,1BA | $1,075 |
| Lakeside 121 Apartments | Lake Breeze | 1BR,1BA | $1,079 |
| Windhaven Park | A1 | 1BR,1BA | $1,096 |
| Vue Castle Hills | A1 | 1BR,1BA | $1,101 |
| Bell Frisco Market Center | A1B | 1BR,1BA | $1,110 |
| Bella Madera | A1 | 1BR,1BA | $1,129 |
| Flatiron District at Austin Ranch | Silver Oak 6A1 | 1BR,1BA | $1,142 |
Best Value Apartments for Rent in The Colony, TX
As of August 26, 2026 the best value apartment in the The Colony area is the $1.68 price per square foot B1 Model at Alaqua at Frisco Apartments in the in the The Landing at Waterstone neighborhood starting from $1,929. The second greatest value The Colony apartment is the Two Bedroom Model at Lakeside Manor 62+ Senior Apartments starting at $1,561 with a $1.69 price per square foot in the Little Elm 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 | $1.68 |
| Lakeside Manor 62+ Senior Apartments | Two Bedroom | 2BR,2BA | $1.69 |
| Lebanon Ridge | A2 | 1BR,1BA | $1.63 |
| Sorrel Phillips Creek Ranch | A1U | 1BR,1BA | $1.86 |
| Vue Castle Hills | A1 | 1BR,1BA | $1.59 |
| Windhaven Park | A1 | 1BR,1BA | $1.63 |
| Stonebriar of Frisco | Degas A | 1BR,1BA | $1.70 |
| Cortland One Twenty One | The Arbor | 1BR,1BA | $1.84 |
| Lakeside 121 Apartments | Lake Breeze | 1BR,1BA | $1.66 |
| Bell Frisco Market Center | A1A | 1BR,1BA | $1.75 |
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 100 Apartments for Rent in The Colony, TX with pricing that ranges from $940 to $24,247. There are also 277 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Colony ranging from $550 to $12,000.
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 $550 to $12,000 with an average monthly rent of $3,356.
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 $1,829 to $9,992, while Three Bedroom Homes, Condos, and Townhomes for rent range from $625 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,605.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.