
Cheap Homes for Rent in The Colony, TX from $1,300 (53 Rentals)
Search the lowest-cost Homes available for rent right now in The Colony.


4605 Jenkins Cir

6021 Mcafee Dr

20602 Hackberry Creek Park Rd

20602 Hackberry Creek Park Rd

5275 Town and Country Blvd

Furnished Studio-Dallas - Plano

5275 Town and Country Blvd

5275 Town and Country Blvd

5275 Town and Country Blvd
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.

4633 Carr St

6300 FM 423

6019 Dooley Dr

6033 Dooley Dr

6033 Dooley Dr

6300 F 423

6300 F 423

6300 FM 423

3517 Windhaven Pkwy

4522 Nervin 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.

4689 Mustang Pkwy

6300 FM 423

5221 Norris Dr

6028 McAfee Dr

4645 Carr St

6300 FM 423

5236 Nash Dr

5404 Ramsey Dr

5425 Ramsey Dr

5217 Kisor Dr
An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
From the Bishop Arts District to Uptown, get the real story on Dallas living from a 35-year local. Explore neighborhoods, must-try food spots, and life in the Big D.

4220 Caldwell Ave

6813 Curry Dr

5329 Strickland Ave

5329 Knox Dr

5275 Town and Country Blvd

4901 Wheeler Dr

4909 Avery Cir

5609 Powers St

4689 Mustang Pkwy

5275 Town and Country Blvd
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.

12724 Ocean Spray Dr

4689 Mustang Pkwy

5204 Hendrix Dr

5500 Ragan Dr

4940 Watkins Dr

4940 Watkins Dr

4248 Driscoll Dr

6740 Davidson St

6300 FM 423

4704 Pemberton Ln
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.
The Colony, 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 | $2,443 | $1,395 | $5,900 |
| The Colony 3 Bedroom Homes for Rent | $2,689 | $1,450 | $4,500 |
| The Colony 4 Bedroom Homes for Rent | $3,720 | $2,195 | $10,000+ |
| The Colony 5 Bedroom Homes for Rent | $4,723 | $2,900 | $7,800 |
| The Colony 6 Bedroom Homes for Rent | $4,800 | $4,500 | $4,950 |
Browse Top Homes for Rent in The Colony
Explore The Colony
The Colony, TX Local Guide
- The Colony Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available The Colony Apartments for Rent
 The cheapest available apartment rental in The Colony, TX is a 1 Bed unit found at Keystone at Castle Hills in the Castle Hills neighborhood priced from $950. Lakeside 121 Apartments in the Meadow Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $973. Here is today’s list of the most affordable The Colony apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Keystone at Castle Hills | A1 | 1BR,1BA | $950 |
| Lakeside 121 Apartments | Lake Breeze | 1BR,1BA | $973 |
| The District in Little Elm | E1 | Studio,1BA | $999 |
| Legacy Village Apartment Homes | Legacy - Ortebello | 1BR,1BA | $999 |
| Hebron Oaks | 1x1 | 1BR,1BA | $1,023 |
| Bentley Place Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1,037 |
| Mariposa Communications Parkway 55+ Apartment Homes | A1 | 1BR,1BA | $1,041 |
| Stonebriar of Frisco | Degas B | 1BR,1BA | $1,057 |
| Bella Madera | A2 | 1BR,1BA | $1,075 |
| Vue Castle Hills | A1 | 1BR,1BA | $1,101 |
Best Value Apartments for Rent in The Colony, TX
As of February 22, 2026 the best value apartment in the The Colony area is the $1.56 price per square foot C1 Model at Alaqua at Frisco Apartments in the in the The Landing at Waterstone neighborhood starting from $2,105. The second greatest value The Colony apartment is the The Delacroix Model at Prestonwood Hills starting at $1,609 with a $1.55 price per square foot in the Old Shepard Place 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 | C1 | 3BR,2BA | $1.56 |
| Prestonwood Hills | The Delacroix | 2BR,2BA | $1.55 |
| Wellington at Willow Bend | 2 Bed 2 Bath - Windsor (948 sq ft) | 2BR,2BA | $1.58 |
| Lakeside Manor 62+ Senior Apartments | Two Bedroom | 2BR,2BA | $1.64 |
| Bentley Place Apartments | 2 Bed 2 Bath Small | 2BR,2BA | $1.61 |
| 4 Corners | A1 | 1BR,1BA | $1.63 |
| The Village at Lakefront | Jet & Knot | 1BR,1BA | $1.65 |
| Hebron Oaks | 1x1 | 1BR,1BA | $1.38 |
| Vue Castle Hills | A1 | 1BR,1BA | $1.59 |
| Legacy Village Apartment Homes | Legacy - Pisa | Studio ,1BA | $1.60 |
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 ArticleTop Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark
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, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore The Colony, TX Rentals by Map
See the most popular apartments and homes in The Colony, TX
Frequently Asked Questions about The Colony
What type of rentals are currently available in The Colony?
There are currently 113 Apartments for Rent in The Colony, TX with pricing that ranges from $950 to $19,491. There are also 276 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Colony ranging from $1,395 to $18,000.
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 $1,395 to $18,000 with an average monthly rent of $3,425.
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 $1,754 to $19,491, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,802.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
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.