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Studio Apartments for Rent in The Colony, TX

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    Starting at $1,579 Per Month

    • Studio - 2 Beds

    5750 Grandscape Blvd, The Colony, TX 75056

    NOW LEASING - Experience luxury living in the lifestyle destination that is Grandscape. As the first residential high-rise in The Colony, Live Grandscape offers a stunning exterior, an array of exceptional amenities, and an ideal location. Our contemporary apartment homes come equipped with top-of-the-line finishes including quartz countertops, designer cabinetry, and stainless steel appliances.

    Live Grandscape

    (855) 496-2481

    5750 Grandscape Blvd, The Colony, TX 75056
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    Starting at $1,400

    Total Monthly Price

    • Studio - 3 Beds

    4050 Destination Dr, The Colony, TX 75056

    At Jefferson Grandscape, residents enjoy a new way of life, where modern, sleek architecture meets laid-back community energy. These brand-new apartments in The Colony, TX feature efficiently laid-out studio, 1-, 2-, and 3-bedroom floor plans that boast high-end finishes and smart home features. Just steps from Grandscape, our upscale apartment community offers the best of comfort, convenience,

    Jefferson Grandscape

    (469) 402-5648

    4050 Destination Dr, The Colony, TX 75056
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    Starting at $1,451

    Total Monthly Price

    • Studio - 3 Beds

    4500 Windhaven Pkwy, The Colony, TX 75056

    Welcome to Jefferson Marquee, where every day is an encore performance of upscale living. Nestled in Lewisville’s exclusive Castle Hills community, our residences include versatile live-work options and stylish one-, two-, and three-bedroom floorplans. Residents enjoy star-studded amenities like a resort-style pool, scenic courtyards, and a yoga studio, all surrounded by ground-floor retail and

    Jefferson Marquee

    (469) 249-3054

    4500 Windhaven Pkwy, The Colony, TX 75056
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    Starting at $1,441

    Total Monthly Price

    • Studio - 2 Beds

    2901 Lady Bettye Dr, Lewisville, TX 75056

    Welcome to Tapestry at The Realm, where luxury, nature, and community come together to create a one of a kind apartment living experience in the heart of Lewisville TX. Tapestry blends timeless mid century charm with modern elegance, offering a warm, authentic lifestyle that invites relaxation, connection, and a true sense of home. As one of the premier luxury apartments in Lewisville TX, our

    Tapestry at the Realm

    (469) 933-0926

    2901 Lady Bettye Dr, Lewisville, TX 75056
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    Starting at $1,170 Per Month

    • Studio - 3 Beds

    2875 Painted Lake Cir, The Colony, TX 75056

    The Boat House is a unique living experience within The Colony, TX. Give your adventurous spirit a lift on the nearby nature trails, or kick back, relax, and enjoy peaceful lake views from your balcony or the clubhouse dock. This is a place where you can slow down, gather, and enjoy life’s simple moments. Fresh air, open green spaces, and walkable surroundings invite you to reconnect with the

    The Boat House

    (940) 326-7283

    2875 Painted Lake Cir, The Colony, TX 75056
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    Starting at $1,077 Per Month

    • Studio - 4 Beds

    6760 Windhaven Pkwy, The Colony, TX 75056

    These luxurious living spaces boast spacious layouts, soaring windows, chef-inspired kitchens, and stylish designer finishes, all hallmarks of The Billingsley Collection’s commitment to excellence and premier living experiences.

    Thousand Oaks

    (469) 702-9918

    6760 Windhaven Pkwy, The Colony, TX 75056

Why Live in The Colony

The Colony, TX, is a lakeside city situated along the southeastern shore of Lewisville Lake, less than 30 miles from Dallas. Known for its major attractions, The Colony is home to Grandscape, a 400-acre shopping, dining, and entertainment destination featuring a 300-foot Ferris wheel, go-kart venue, mini golf courses, and live music stage. The city also boasts Stewart Creek Park and Hidden Cove Park, offering swimming, fishing, boat rentals, and sports areas. The Tribute community, set on a peninsula, includes waterfront properties, golf courses, and hiking trails. Other residential areas include Legends and Austin Ranch, with townhouses and apartments near Arbor Hills Nature Preserve. The Colony hosts year-round events such as the Christmas Spectacular and American Heroes celebration. Students attend highly rated schools in the Lewisville Independent School District and Little Elm High School. The Sam Rayburn Tollway connects residents to DFW International Airport and downtown Dallas. Crime rates in The Colony are about half those of the state, making it safer than the national average. However, homes near Lewisville Lake are prone to flooding, and the city experiences excessive summer heat and potential tornadoes.

Frequently Asked Questions

How much does it cost to rent a home in The Colony, TX?
The median rent for a home in The Colony, TX is $2,610 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in The Colony, TX?
To comfortably afford the median rent in The Colony, TX, a household needs to earn roughly $104,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,610 per month in The Colony, TX, renters typically need to show $7,830 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in The Colony, TX?
In The Colony, TX, the price-to-rent ratio is 14.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in The Colony, TX are best for renting a home?
The best neighborhood for renting in The Colony, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Austin Ranch, Southwest Frisco, Rail District and Far North Dallas, each with its own character and price range.

Rental Home Trends in The Colony, TX

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$2,610
Median Single Family Home Rent
$2,395
Median Townhouse Rent
$2,536
Median Condo Rent
$2,445
How to Rent a Home