Average Rent in The Colony, TX

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Current Versus Historical The Colony, TX Rents

The Colony rentals average $0 for a 2-bedroom rental to $2,923 for a 4-bedroom rental. The median price of all currently available listings is $2,498, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $8 (-0.53%) year-over-year from $1,506 to $1,498. 1-bedroom rentals prices have decreased by $383 (-29.31%) year-over-year from $1,306 to $923. 2-bedroom rentals prices have decreased by $11 (-0.69%) year-over-year from $1,573 to $1,563. 3-bedroom rentals prices have increased by $143 (6.15%) year-over-year from $2,332 to $2,475. 4-bedroom rentals prices have increased by $132 (4.58%) year-over-year from $2,869 to $3,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 3.60% this month. 3-bedroom rents have gone up by 2.20% this month. 4-bedroom rents have gone down by 2.65% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
3 BR $1.47 $2,475 $2,332 (6.15%) $1,825 (35.63%)
4+ BR $1.21 $3,000 $2,869 (4.58%) $2,273 (31.96%)

Historical Rents in The Colony, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near The Colony

There are a total of 6 cities nearby The Colony. The average rent in The Colony is currently $2,600 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,558, is the most affordable city nearby. In contrast, the most expensive city near The Colony, TX is Frisco, TX. Monthly rents here are on average $2,945 per month.

Let's compare The Colony, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in The Colony, TX is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in The Colony, TX are about inf% more affordable. Finally, rent for three bedrooms are about 6.47% more affordable. Want more information? Check out the top 6 cities near The Colony, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,195 $1,500 $2,126 $1,558
Little Elm, TX $2,695 N/A N/A $2,475
Lewisville, TX $1,662 $1,340 $1,950 $2,600
Carrollton, TX $2,338 $1,550 $2,200 $2,600
Plano, TX $1,425 $1,318 $1,950 $2,600
Frisco, TX $2,825 $1,370 $2,134 $2,945

Top Neighborhoods Near The Colony



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near The Colony

Some of these counties include Lewisville-Flower Mound, TX, McKinney, TX, and Carrollton, Lewisville, TX. The average rent for rentals in these counties is $2,730. That's roughly around $1 per sqft. The county that is the most affordable is Lewisville-Flower Mound, TX. It's average rent per month is $2,600. Vice versa, with an average rent of $3,000, The Colony, TX is the most expensive county by The Colony, TX.

Typically, rent for studios in The Colony, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in The Colony, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in The Colony, TX is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Lewisville-Flower Mound, TX $1,695 $950 $1,925 $2,600
McKinney, TX $2,305 $1,381 $2,105 $2,660
Carrollton, Lewisville, TX $2,600 $1,695 $2,355 $2,800
The Colony, TX $2,900 N/A $3,100 $3,000

Top Zipcodes Near The Colony

There are a total of 13 zipcodes in or near The Colony, TX. The average rent for all of these zipcodes is $2,600. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75001, Addison, TX at $1,557 per month. In comparison, the zipcode with the most expensive average rent of $3,100 per month is 75035, Frisco, TX.

Studios in these zipcodes have an average rent of $1,425. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near The Colony, TX is $1,312 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,164 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in The Colony, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75001, Addison, TX $1,195 $1,500 $2,126 $1,557
75034, Frisco, TX $2,255 $1,370 $2,105 $2,700
75068, Pilot Point-Aubrey, TX $2,695 N/A N/A $2,499
75035, Frisco, TX $3,650 N/A $2,525 $3,100
75024, Plano, TX $1,151 $1,312 $1,901 $2,283
75056, Lewisville, TX N/A $1,693 $2,320 $2,650
75067, Lewisville, TX $3,000 N/A $1,950 $2,600
75007, Carrollton, TX $1,154 $1,650 $2,200 $2,600
75093, Plano, TX $1,425 N/A $2,200 $3,023
75028, Flower Mound, TX $512 N/A N/A $2,825

Frequently Asked Questions - The Colony Average Rents

What is the average rent price in The Colony, TX?
The average monthly rental price for The Colony, TX apartments for rent is approximately $2,498. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do The Colony, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in The Colony, TX.
How much is a studio apartment in The Colony, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in The Colony.
How much is a one bedroom apartment in The Colony, TX?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in The Colony.
How much is a two bedroom apartment in The Colony, TX?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in The Colony.
How have rent prices in The Colony, TX changed this year?
Rent prices for rentals in The Colony, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by -0.29%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in The Colony, TX?
A reasonable rent price in The Colony, TX is around $1,998/month. You can search for these reasonably priced rental listings on RentHop.
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