Average Rent in The Colony, TX

Current Versus Historical The Colony, TX Rents

The Colony rentals average $1,550 for a 2-bedroom rental to $3,098 for a 4-bedroom rental. The median price of all currently available listings is $2,398, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $11 (-0.75%) year-over-year from $1,509 to $1,498. 1-bedroom rentals prices have decreased by $357 (-27.86%) year-over-year from $1,280 to $923. 2-bedroom rentals prices have increased by $15 (0.99%) year-over-year from $1,547 to $1,563. 3-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,300 to $2,300. 4-bedroom rentals prices have increased by $522 (18.80%) year-over-year from $2,778 to $3,300. 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 7.41% this month. 3-bedroom rents have gone down by 1.36% this month. 4-bedroom rents have gone up by 3.39% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$1.66	$1,563	$1,547 (0.99%)	$1,376 (13.54%)
3 BR	$1.51	$2,300	$2,300 (0.00%)	$1,779 (29.30%)
4+ BR	$1.16	$3,300	$2,778 (18.80%)	$2,190 (50.68%)

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. Only one city nearby has an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,525, 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 $2,800 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 40.15% more affordable. Finally, rent for three bedrooms are about 11.96% 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	$1,267	$1,459	$2,170	$1,525
Little Elm, TX	$2,695	N/A	$2,273	$2,400
Lewisville, TX	$1,629	N/A	$2,125	$2,600
Plano, TX	$2,169	$1,279	$2,175	$2,600
Carrollton, TX	$2,338	$1,550	$2,100	$2,620
Frisco, TX	$2,850	$1,342	$2,225	$2,800

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 McKinney, TX, Lewisville-Flower Mound, TX, and Carrollton, Lewisville, TX. The average rent for rentals in these counties is $2,669. That's roughly around $1 per sqft. The county that is the most affordable is McKinney, TX. It's average rent per month is $2,600. Vice versa, with an average rent of $2,900, 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 39.81% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
McKinney, TX	$2,020	$1,374	$2,050	$2,600
Lewisville-Flower Mound, TX	$1,629	$925	$2,200	$2,641
Carrollton, Lewisville, TX	$2,600	$1,549	$2,134	$2,698
The Colony, TX	$2,900	N/A	$2,800	$2,900

Top Zipcodes Near The Colony

There are a total of 9 zipcodes in or near The Colony, TX. The average rent for all of these zipcodes is $2,500. A total of 3 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 $1,520 per month. In comparison, the zipcode with the most expensive average rent of $2,995 per month is 75035, Frisco, TX.

Studios in these zipcodes have an average rent of $2,350. 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 $1,342 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,199 per month. Which comes out to $2 per sqft. The following chart includes the top 9 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	$1,267	$1,459	$2,168	$1,520
75034, Frisco, TX	$2,350	$1,342	$2,225	$2,500
75068, Pilot Point-Aubrey, TX	$2,695	N/A	$2,273	$2,495
75035, Frisco, TX	$3,250	N/A	$2,498	$2,995
75024, Plano, TX	$1,845	$1,279	$2,150	$1,894
75056, Lewisville, TX	N/A	$1,480	$2,040	$2,500
75067, Lewisville, TX	$3,000	N/A	$2,500	$2,500
75080, Richardson, TX	$3,855	$1,519	$2,199	$2,276
75252, Dallas, TX	$800	$1,400	$2,185	$2,500

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 $2,398. 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 $1,550 and an average price per square feet of $1.66. There are a total of 3 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 -0.28%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in The Colony, TX?

A reasonable rent price in The Colony, TX is around $1,918/month. You can search for these reasonably priced rental listings on RentHop.