
Cheap Homes for Rent in The Colony, TX from $600 (84 Rentals)
Search the lowest-cost Homes available for rent right now in The Colony.


5540 N Colony Blvd

4550 Windhaven Pkwy, Unit 3409

2200 E State Hwy 121, Unit 5071

5275 Town and Country Blvd, Unit 1410

2901 Lady Bettye Dr, Unit 2022

5275 Town and Country Blvd, Unit 1152

2200 E State Hwy 121, Unit 2053

5275 Town and Country Blvd, Unit 2352

5275 Town and Country Blvd, Unit 2452
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.

5275 Town and Country Blvd, Unit 2344

6300 FM 423, Unit 18123

6300 F 423, Unit 6107

6011 Dooley Dr

6300 F 423, Unit 3117

2040 E State Hwy 121, Unit 5025

6300 FM 423, Unit 17210

4689 Mustang Pkwy, Unit 3114

2040 E State Hwy 121, Unit 1059

6300 FM 423, Unit 18126
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.

2040 E State Hwy 121, Unit 3031

2040 E State Hwy 121, Unit 1019

2040 E State Hwy 121, Unit 3016

2040 E State Hwy 121, Unit 4016

2040 E State Hwy 121, Unit 1077

2040 E State Hwy 121, Unit 1075

2040 E State Hwy 121, Unit 5059

6300 FM 423, Unit 15117

2040 E State Hwy 121, Unit 5037

4436 Chapman 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.

4502 Carr St

6071 Dooley Dr

111 King Rd

4689 Mustang Pkwy, Unit 2211

4689 Mustang Pkwy, Unit 7301

6300 FM 423, Unit 18229

5512 Rutledge Dr

6005 Dooley Dr

1047 Waterview Dr

6300 F 423, Unit 3307
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.

6300 F 423, Unit 3314

4689 Mustang Pkwy, Unit 5301

4689 Mustang Pkwy, Unit 5201

5060 Arbor Glen Rd

5644 Perrin St

5316 Nash Dr

4689 Mustang Pkwy, Unit 7203

4689 Mustang Pkwy, Unit 1307

4689 Mustang Pkwy, Unit 7305

5541 Ragan Dr
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.
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 | $2,272 | $1,850 | $2,750 |
| The Colony 3 Bedroom Homes for Rent | $2,904 | $1,600 | $7,200 |
| The Colony 4 Bedroom Homes for Rent | $4,289 | $2,155 | $10,000+ |
| The Colony 5 Bedroom Homes for Rent | $5,140 | $2,600 | $10,000+ |
| The Colony 6 Bedroom Homes for Rent | $5,397 | $4,800 | $5,995 |
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 Carrollton neighborhood priced from $759. The District in Little Elm in the Little Elm neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,015. 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 | $759 |
| The District in Little Elm | E1 | Studio,1BA | $1,015 |
| Fieldcrest Apartments | A1 | 1BR,1BA | $1,021 |
| Stonebriar of Frisco | Degas | 1BR,1BA | $1,072 |
| Bella Madera | A1 | 1BR,1BA | $1,077 |
| Windhaven Park | A1 | 1BR,1BA | $1,099 |
| Vue Castle Hills | A1 | 1BR,1BA | $1,101 |
| Lakeside 121 Apartments | Lake Breeze | 1BR,1BA | $1,105 |
| Hebron Oaks | 1x1 | 1BR,1BA | $1,119 |
| Legacy Village Apartment Homes | Lakeside - Naples | 1BR,1BA | $1,163 |
Best Value Apartments for Rent in The Colony, TX
As of July 08, 2026 the best value apartment in the The Colony area is the $1.58 price per square foot A3 Model at Alaqua at Frisco Apartments in the in the The Landing at Waterstone neighborhood starting from $1,421. The second greatest value The Colony apartment is the Pitch, Propeller, Racer, Sole, &Deck Model at The Village at Lakefront starting at $1,349 with a $1.65 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 | A3 | 1BR,1BA | $1.58 |
| The Village at Lakefront | Pitch, Propeller, Racer, Sole, &Deck | 1BR,1BA | $1.65 |
| Cortland Phillips Creek Ranch | A2 & A6 | 1BR,1BA | $1.66 |
| Lebanon Ridge | A1 | 1BR,1BA | $1.65 |
| Hebron Oaks | 1x1 | 1BR,1BA | $1.50 |
| Legacy Village Apartment Homes | Lakeside - Barletto | 1BR,1BA | $1.65 |
| Vue Castle Hills | A1 | 1BR,1BA | $1.59 |
| Windhaven Park | A1 | 1BR,1BA | $1.63 |
| Stonebriar of Frisco | Degas | 1BR,1BA | $1.64 |
| Fieldcrest Apartments | A1 | 1BR,1BA | $1.68 |
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 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 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, 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 120 Apartments for Rent in The Colony, TX with pricing that ranges from $966 to $35,674. There are also 260 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Colony ranging from $600 to $17,500.
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 $600 to $17,500 with an average monthly rent of $3,694.
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 $1,860 to $35,674, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $7,200. Four Bedroom Single-Family rentals are also available starting from $2,155 and Four Bedroom Apartments start at $2,555.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.