The Colony, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the The Colony, Texas rental market.
The Colony, Texas
Average Apartment Rent
$1,719
Y-o-Y Change in Average
Apartment Rent
-0.5%
As of May 2026
Compared to a year ago, The Colony, Texas apartments have recorded a -0.5% rent decrease.
The Colony, Texas Average apartment rent trend
The Colony, Texas Average Apartment Rent
The Colony, Texas Apartment rent ranges
At 44.69%, apartments priced $1,500 - $2,000 represent the bulk of The Colony, Texas rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.65%.
The Colony, Texas Housing tenure**
Renters take up 40% of The Colony, Texas real estate, occupying a total of 7,163 units, while homeowners live in 10,950 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$83,857
Average household size of renter-occupied housing units**
2.11
Rental vacancy rate**
2%
The Colony, Texas Renter-occupied housing units by no. of bedrooms**
There are 2,668 rentals in The Colony, Texas with 1 bed making up the highest share of the market, at 37%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 84 units. Overall, the median number of rooms in The Colony, Texas homes for rent is 3.9.
The Colony, Texas Renter-occupied units by age of householder**
Most condos for rent in The Colony, Texas are occupied by residents in the 25 - 34 years age group (48%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
The Colony, Texas Renter-occupied housing units by family type**
The Colony, Texas Renter-occupied housing units by the presence of own children**
A total of 3,248 apartments for rent in The Colony, Texas, or 45% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 1,644 units. All in all, the median size of a renter-occupied household in The Colony, Texas is 2.11.
The Colony, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 53% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in The Colony, Texas.
The Colony, Texas Renter-occupied units by year structure built**
The highest share of The Colony, Texas apartment rentals, namely 33% or 2,351 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (30%, 2,130 units), and the ones Built 1970 - 1979 (14%, 984 units).
The Colony, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most The Colony, Texas renters (50%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their The Colony, Texas condos for rent is 2019.
The Colony, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of The Colony, Texas renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 6% have 3 vehicles available.
The Colony, Texas Means of transportation to work of householders living in renter-occupied housing units**
The Colony, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all The Colony, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
