Cheap Homes for Rent in The Colony, TX from $1,200 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 4625 Plano Pkwy

4625 Plano Pkwy

CarrolltonTX75010
property at 7218 Libby Rd

7218 Libby Rd

PlanoTX75024

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Dallas's Best Affordable Neighborhoods

Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

The Colony, TX Local Guide

Cheapest Available The Colony Apartments for Rent

 

The cheapest available apartment rental in The Colony, TX is a 1 Bed unit found at Mariposa at Communications Parkway in the Haggard neighborhood priced from $562. Evergreen at Arbor Hills in the The Shops at Prestonwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $678. Here is today’s list of the most affordable The Colony apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mariposa at Communications ParkwayA11BR,1BA$562
Evergreen at Arbor HillsB22BR,2BA$678
Bella MaderaA11BR,1BA$1,014
Stonebriar of FriscoDegas B1BR,1BA$1,110
Lakeside 121 ApartmentsLake Breeze1BR,1BA$1,131

Best Value Apartments for Rent in The Colony, TX

As of April 27, 2025 the best value apartment in the The Colony area is the $1.45 price per square foot 32A Model at MAA Hebron in the in the Castle Hills neighborhood starting from $2,158. The second greatest value The Colony apartment is the Transitional 3 Bdrm Model at Estancia at Morningstar starting at $2,099 with a $1.62 price per square foot in the Northeast Carrollton 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.
MAA Hebron32A3BR,2BA$1.45
Estancia at MorningstarTransitional 3 Bdrm3BR,2BA$1.62
Legacy Village Apartment HomesLakeside - Marsala1BR,1BA$1.58
Prestonwood HillsThe Delacroix2BR,2BA$1.55
Evergreen at Arbor HillsB22BR,2BA$0.73
Alaqua at Frisco ApartmentsA31BR,1BA$1.69
Bell StarwoodA1D1BR,1BA$1.73
Legends at LegacyA2 (Premium)1BR,1BA$1.64
Windsor Mustang ParkA21BR,1BA$1.70
Bentley Place1 Bed 1 Bath Medium1BR,1BA$1.65

Quick 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.

decorative image of people with a giant lease agreement

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 $1,014 to $27,531. There are also 194 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Colony ranging from $1,290 to $15,000.

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 $1,290 to $15,000 with an average monthly rent of $3,634.

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 $1,990 to $22,906, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $6,850. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,545.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Dallas, TX article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.