What is the median rent in The Colony, TX?
The median gross rent in The Colony, TX is $1,958 (±$94) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 7,200 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In The Colony, the median gross rent went from $1,399 in 2015–2019 to $1,958 in 2020–2024 (+40.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,958 (±$94)
- Rented homes
- 7,200 (±546)
- $2,000 or more
- 46.9%
- Since 2015–2019
- +40.0%
How much rent costs in The Colony
| Monthly gross rent | The Colony | Denton County | Texas | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±0.7 points) | 0.6% | 3.9% | 6.3% |
| $500 to $999 | 2.0% (±1.7 points) | 5.8% | 17.4% | 20.2% |
| $1,000 to $1,499 | 15.3% (±5.3 points) | 28.8% | 35.4% | 28.1% |
| $1,500 to $1,999 | 35.7% (±7.0 points) | 32.5% | 25.2% | 21.1% |
| $2,000 to $2,499 | 30.5% (±7.5 points) | 17.9% | 11.1% | 12.0% |
| $2,500 to $2,999 | 11.3% (±3.9 points) | 8.4% | 4.0% | 5.5% |
| $3,000 or more | 5.1% (±2.5 points) | 6.1% | 2.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 35.7% of renting households.
46.9% of rented homes in The Colony cost $2,000 or more a month.
The Colony against Denton County, its state and the nation
| The Colony | Denton County | Texas | United States | |
|---|---|---|---|---|
| Median gross rent | $1,958 (±$94) | $1,728 (±$18) | $1,403 (±$4) | $1,413 |
| Rented homes paying rent | 7,200 (±546) | 122,000 (±2,029) | 3,935,670 (±20,381) | 42,849,984 |
In The Colony, median gross rent is higher than in Denton County ($1,728).
It is also higher than in Texas ($1,403).
It is higher than the national figure ($1,413).
In Denton County, The Colony ranks 16 of 32 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 96 of 1,183.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in The Colony has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,399 (±$49) | $1,958 (±$94) | +40.0% | Up after inflation |
| Households that rent | 38.3% (±2.8 points) | 40.2% (±2.6 points) | +1.9 percentage points | Not a measurable change |
| Rental vacancy rate | 3.1% (±2.2 points) | 4.5% (±2.8 points) | +1.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near The Colony
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| The Colony | — | $1,958 (±$94) | — |
| Hebron | 3.1 mi | $1,225 (±$216) | Lower |
| Hackberry | 4.2 mi | $2,208 (±$411) | Not measurably different |
| Lewisville | 4.9 mi | $1,670 (±$31) | Lower |
| Frisco | 6.5 mi | $2,014 (±$65) | Not measurably different |
| Carrollton | 6.9 mi | $1,735 (±$25) | Lower |
| Little Elm | 7.2 mi | $1,953 (±$110) | Not measurably different |
| Lake Dallas | 7.4 mi | $1,519 (±$271) | Lower |
| Oak Point | 7.4 mi | $2,227 (±$113) | Higher |
Nearby places with a measurably lower figure: Hebron, TX ($1,225), Lewisville, TX ($1,670), Carrollton, TX ($1,735).
Nearby places with a measurably higher figure: Oak Point, TX ($2,227).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Denton County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 10 | Hickory Creek | $2,192 (±$219) |
| 11 | Ponder | $2,158 (±$88) |
| 12 (tie) | Justin | $2,000 (±$1,199) |
| 12 (tie) | Savannah | $2,000 (±$312) |
| 14 | Trophy Club | $1,992 (±$338) |
| 15 | Krum | $1,974 (±$486) |
| 16 | The Colony | $1,958 (±$94) |
| 17 | Little Elm | $1,953 (±$110) |
| 18 | Copper Canyon | $1,950 (±$561) |
| 19 | Corinth | $1,891 (±$157) |
| 20 | Aubrey | $1,882 (±$343) |
| 21 | Roanoke | $1,783 (±$78) |
| 22 | Cross Roads | $1,750 (±$813) |
Showing 13 of 32 places in Denton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about The Colony
What is the average rent in The Colony, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in The Colony is $1,958 (±$94) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in The Colony?
In The Colony, the median gross rent went from $1,399 in 2015–2019 to $1,958 in 2020–2024 (+40.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in The Colony cost more than $2,000 a month?
46.9% of rented homes in The Colony have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in The Colony higher than in Denton County?
In The Colony, median gross rent is higher than in Denton County ($1,728).
It is also higher than in Texas ($1,403).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — The Colony city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — The Colony city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — The Colony city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for The Colony city, Texas (place:72530, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in The Colony at a glance
- Rent by bedrooms in The Colony
- Rent burden in The Colony
- Renters and owners in The Colony
- Income and affordability in The Colony
- Home values in The Colony
- Homeowner costs in The Colony
- Property taxes in The Colony
- Types of homes in The Colony
- Bedrooms in The Colony
- Age of homes in The Colony
- Vacancy rate in The Colony
- Heating fuel in The Colony
- Commute and cars in The Colony
- Crime reported to police in The Colony
- Population growth in The Colony
- How long people stay in The Colony
- Crowding and facilities in The Colony
- Fair Market Rent in The Colony
- Texas landlord and tenant rules
- Housing across Denton County
- Texas places ranked by median rent
- Housing data for every place in Texas