Cheap Homes for Rent in The Colony, TX from $900 (59 Rentals)

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Search the lowest-cost Homes available for rent right now in The Colony.

property at 6824 Fryer St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

6824 Fryer St

The ColonyTX75056

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.

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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.

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property at 4646 Carr St

$1,620

Total Monthly Price

Total Monthly Price

Base Rent
$1,620
Total Monthly Price
$1,620

2 Bedroom, 1 Bath Home for Rent

Available Now

4646 Carr St

The ColonyTX75056

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.

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property at 4423 Chapman St

$1,780

Total Monthly Price

Total Monthly Price

Base Rent
$1,780
Total Monthly Price
$1,780

2 Bedroom, 2 Bath Home for Rent

Available Now

4423 Chapman St

The ColonyTX75056

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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Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.

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Showing Results 1-50, Page 1 of 2

The Colony, TX Local Guide

Cheapest Available The Colony Apartments for Rent

 

The cheapest available apartment rental in The Colony, TX is a Studio unit found at Legacy Village Apartment Homes in the Haggard neighborhood priced from $913. Windhaven Park in the Preston Lakes Luxury Villas neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $971. Here is today’s list of the most affordable The Colony apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy Village Apartment HomesLegacy - PisaStudio,1BA$913
Windhaven ParkA11BR,1BA$971
Bentley Place Apartments1 Bed 1 Bath Small1BR,1BA$1,015
Bella MaderaA11BR,1BA$1,047
Keystone at Castle HillsA31BR,1BA$1,050
Lakeside 121 ApartmentsLake Breeze1BR,1BA$1,083
Vue Castle HillsA11BR,1BA$1,101
Stonebriar of FriscoBosch1BR,1BA$1,102
Hebron Oaks1x11BR,1BA$1,119
Fieldcrest ApartmentsA11BR,1BA$1,124

Best Value Apartments for Rent in The Colony, TX

As of May 24, 2026 the best value apartment in the The Colony area is the $1.68 price per square foot The Michelangelo Model at Prestonwood Hills in the in the Old Shepard Place neighborhood starting from $1,889. The second greatest value The Colony apartment is the Port, Power, & Ski Model at The Village at Lakefront starting at $1,853 with a $1.67 price per square foot in the Eldorado West neighborhood. Here is today’s list of the best values for The Colony apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prestonwood HillsThe Michelangelo2BR,2BA$1.68
The Village at LakefrontPort, Power, & Ski2BR,2BA$1.67
Mariposa Communications Parkway 55+ Apartment HomesB32BR,2BA$1.68
Cortland Phillips Creek RanchA2 & A61BR,1BA$1.72
Lebanon RidgeA11BR,1BA$1.53
Bentley Place Apartments1 Bed 1 Bath Medium1BR,1BA$1.51
Lakeside 121 ApartmentsNautica-Furnished1BR,1BA$1.73
Hebron Oaks1x11BR,1BA$1.50
Vue Castle HillsA11BR,1BA$1.59
The Atlantic StonebriarA1A1BR,1BA$1.73

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.

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Top 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

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Real 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.

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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.

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The Colony, TX

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about The Colony

What type of rentals are currently available in The Colony?

There are currently 117 Apartments for Rent in The Colony, TX with pricing that ranges from $913 to $25,523. There are also 251 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Colony ranging from $950 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 $950 to $12,500 with an average monthly rent of $3,693.

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 $1,771 to $17,514, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $6,995. 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.

Helpful Local Expert Guides

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Written by: Tiffany Clark

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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.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

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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.