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Apartments for Rent in The Colony, TX - 810 Rentals available

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Frequently Asked Questions

When were prices and availability in The Colony, TX last updated?

Prices and availability in The Colony, TX were last updated on 28 Feb 2021.

What are the best apartments in The Colony, TX?

The best apartments in The Colony, TX are: Bella Madera, Valor at The Realm, Oak Forest Apartments, Discovery at The Realm and Pine Prairie Apartments.

What is the average rent in The Colony, TX?

The average rent in The Colony, TX is $1,348. Start your search for apartments in The Colony, TX now.

What is the price range for a studio apartment in The Colony, TX?

The price range for a studio apartment in The Colony, TX is between $937 and $2,418. View all studio apartments in The Colony, TX.

What is the price range for a 1-bedroom apartment in The Colony, TX?

The price range for a 1-bedroom apartment in The Colony, TX is between $921 and $1,775. Browse all available 1-bedroom apartments in The Colony, TX now.

What is the price range for a 2-bedroom apartment in The Colony, TX?

The price range for a 2-bedroom apartment in The Colony, TX is between $1,150 and $3,100. Browse and find a 2-bedroom apartment in The Colony, TX.

What is the price range for a 3-bedroom apartment in The Colony, TX?

The price range for a 3-bedroom apartment in The Colony, TX is between $991 and $3,050. Browse all available 3-bedroom apartments in The Colony, TX.

Renter's Guide to The Colony, TX

The Colony is a scenic northwest suburb of Dallas, TX, that's conveniently located less than 30 miles from downtown. Sitting along the eastern shoreline of Lewisville Lake, this mid-sized community is a comfortable place for people of all walks of life to live, work, and play.

The 16 sq. mile area was originally named Peters Colony after the community's founder. Then, upon being established as a city in 1977, it was changed simply to The Colony. Nowadays, it is also known as the City by the Lake and is commonly considered one of the region’s best-kept secrets by locals and visitors alike.

The weather in The Colony is typical of Texas, where summer days average around 85ºF and mild winter temperatures dip to just below 60ºF. Whatever the season, with 23 miles of shapely shoreline and hundreds of acres of wilderness, it's an ideal location for anyone who loves the water as well as wildlife.

The Colony, TX Demographics

  • Total Population43,005
  • Female 21,468
    Male 21,537
  • Median Age34.9

Cost of Living in The Colony, TX

The median household income in The Colony is roughly 30% higher than other cities in Texas and 20% higher than the national average. Therefore, whether you're renting an apartment in The Colony or a house, you'll find prices to be a bit higher than in neighboring suburbs, but not a whole lot. Also keep in mind that utilities, food, and entertainment might cost approximately 10% more.

For example, you might pay $15 for a meal at a local restaurant vs. $12 in similar surrounding cities. And the average monthly electric bill is around $130, but that can increase slightly if cranking the AC in the summer. So, with all things considered, it makes sense that the area seems to attract individuals and families making middle to upper income.

Since it's a smaller city, there isn't really any public transportation, so be prepared for that. There is an Amtrak Station, however, around a half-hour away, and taxi services are always available. Furthermore, the Dallas Fort Worth International Airport is a smooth 25-mile car ride.

Average Rent in The Colony, TX

  • The Colony, TX Average Rental Price, February 2021 $1,348 /mo

The Colony, TX Apartment Rent Ranges

  • $701-$1,0007%
  • $1,001-$1,50068%
  • $1,501-$2,00021%
  • > $2,0004%

The Colony, TX Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
The Colony, TX $1,261 $1,259 $1,285 $1,282 $1,318 $1,332 $1,348 $1,355 $1,348
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462

Living in The Colony, TX

Life in The Colony is suitable for people seeking the serenity of the Dallas suburbs while staying close to the city. The atmosphere is somewhat laidback, yet there is certainly no lack of activity. From hiking and camping, to going out on the lake or one of the prestigious golf courses, it's no wonder this city often receives an A rating for its amenities. Although the majority of everyday necessities can be found locally, living near Dallas and Plano is a nice convenience.

Things to Do in The Colony, TX

Besides the boatload of various year-round activities on Lewisville Lake, there are plenty of things do on land as well. From an acclaimed athletic complex called The Colony Five Star, to the fun-soaked Aquatic Waterpark, this top Dallas suburb has plenty of recreation options for everyone. In fact, in 2003, The Colony was voted #1 Sportstown in the State of Texas by Sports Illustrated Magazine and the National Parks & Recreation Association. And again, if you like golfing with a really good view, chances are you'll love it here!

Employment & Economy in The Colony, TX

It's nice to live near your work, especially in this particular city where you won't find the usual kind of public transportation. And considering the wide variety of job opportunities in The Colony, working close to home could be a real possibility. The area is home to several small and mid-sized companies that help drive the economy by employing many of the area's residents. From restaurants and recreation facilities, to retail, manufacturing, and more.

The noteworthy Nebraska Furniture Mart of Texas is located here, which is the largest single-volume shopping destination for furniture, flooring, electronics, and appliances in the entire United States. Plus, plans are in the works to build one of the biggest mixed-use developments in the country. Spanning more than 400-acres, Grandscape will feature retail, dining, a convention center, attractions, and other entertainment.

The Colony, TX Households

  • Total Number of Households16,391
  • Family 10,545
    Non-family 5,846
  • Children 5,396
    No Children 10,995
  • Average People Per Household2.62
  • Median Household Income$87,187
  • Median Housing Costs Per Month$1,461

Education in The Colony, TX

The Colony is actually located inside of 2 different School Districts. Because of this, residents have access to 9 public schools including 6 Elementary, 2 Middle Schools, and 1 large High School. Student test results are consistently above the national average and the graduation rate is 15% higher than the rest of the state, which is great by any standard! Presently, there aren’t any private schools or colleges within the city, but you can find them in surrounding cities.

The Colony, TX Education Statistics

  • No High School2%
  • Some High School25%
  • Some College29%
  • Associate Degree9%
  • Bachelor Degree26%
  • Graduate Degree8%

Tips for Renting in The Colony, TX

If you'd like to find a place for rent in The Colony, you may have more luck with a few inside tips. Rentals make up around 30% of the housing here, which means there's a lot to choose from. So to start with, it's smart to figure out approximately how much living space you'll really require and how long you'd like to call a place home. That way you'll quickly narrow down your options.

Also, before renting in The Colony (or anywhere for that matter) it's best to pay a visit for a day or two. This is especially true if you're moving from another area and/or have never been here. Visiting your potential new neighborhood and residence will give you a much better feel for the location.

RENTCafé is your one-stop shop for finding a great new apartment in The Colony, TX. Easily search through a wide selection of apartments for rent in The Colony, TX, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse The Colony, TX apartments with rents starting from $852 and submit your rental application today!

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