# Apartment Locators The Colony TX | Free, Real Cost > Apartment locators in The Colony: Grandscape, Lewisville Lake, and rents below Frisco. SH-121 tolls belong in your budget. Free to renters. (945) 800-3851. URL: https://apartmentlocatordallas.com/neighborhoods/the-colony/ Serving The Colony and surrounding areas # The Colony Apartment Locator: Grandscape, Austin Ranch and SH-121 Tolls The Colony sits on Lewisville Lake's east shore, and Grandscape, 400 acres of shopping and entertainment, sets the pace on SH-121. Newer buildings line SH-121 near Grandscape, and Austin Ranch on the south end holds the biggest cluster of apartments. The older core has renovated garden communities that are often easier on approvals. There's no rail, so the Sam Rayburn toll often gets added to the rent. Get My List [/get-my-list/ →](/get-my-list/) Call (945) 800-3851 [tel:+19458003851 →](tel:+19458003851) Areas covered 7 We reply Mon to Fri, 9:00am to 6:00pm Cost to you $0 Credit pull None - Costs you nothing Your list and our help are free - No credit pull We never touch your screening report - We reply during our hours Mon to Fri, 9:00am to 6:00pm. Your budget and move date are all we need. - TREC #562021 Spirit Real Estate Group The gap ## The Colony apartments by size this week We checked 22 places in The Colony on November 6, 2026. Prices count any firm free rent, spread over the lease, and are before fees. - Studio: $1,245 a month typical, from $1,119, 7 places with one available, 2 with a special - 1 Bedroom: $1,284 a month typical, from $1,053, 20 places with one available, 12 with a special - 2 Bedroom: $1,883 a month typical, from $1,431, 20 places with one available, 12 with a special - 3 Bedroom: $2,734 a month typical, from $1,809, 17 places with one available, 11 with a special - 4 Bedroom: $3,183 a month typical, from $2,969, 3 places with one available, 2 with a special ## The Colony rents this week We check these numbers every week. Updated November 6, 2026. Where a place has a firm move-in special, its rent counts the free rent spread evenly over the lease. Rents are before fees. 22 communities in The Colony had homes available; 14 listed a move-in special. Method: https://apartmentlocatordallas.com/rent-data-methodology/ Our read this week: Newer buildings here cost about $231 more a month than middle age ones, even after their free rent ($1,385 vs. $1,154 for a 1 bedroom). If price matters most, start with the older buildings. Free rent runs bigger at newer buildings: about 8 weeks, compared with 5 at middle age ones. 3 buildings here are brand new or still opening, and 0 of them have a move-in special right now. New buildings have to fill up fast, so they usually give the biggest deals. | Size | Communities with available apartments | Lowest rent | Middle half | Typical starting rent | Typical $/sq ft | Since November 1 | | --- | --- | --- | --- | --- | --- | --- | | Studio | 7 | $1,119 | $1,188 to $1,368 | $1,245 | $2.12 | up $126 | | 1 bed | 20 | $1,053 | $1,149 to $1,402 | $1,284 | $1.96 | up $87 | | 2 bed | 20 | $1,431 | $1,665 to $2,160 | $1,883 | $1.72 | up $105 | | 3 bed | 17 | $1,809 | $2,289 to $3,060 | $2,734 | $1.73 | up $147 | | 4 bed | 3 | $2,969 | n/a | $3,183 | $1.31 | down $140 | | Building class | Communities | Typical 1 bed | $/sq ft | With a special | Typical weeks free | | --- | --- | --- | --- | --- | --- | | Newer (Class A) | 13 | $1,385 | $1.93 | 38% | 8 | | Middle (Class B) | 9 | $1,154 | $1.53 | 100% | 5 | - Cheapest 1 bedroom here: 1 bed listed from $1,305 (691 sq ft), Class A. Special: 10 Weeks Free. About $1,055/mo net effective over a 12 month lease - Cheapest 2 bedroom here: 2 bed listed from $1,520 (952 sq ft), Class B. Special: Up to 1 Month Free - Cheapest studio here: Studio listed from $1,314 (554 sq ft), Class A. Special: 6 Weeks Free on 12+ Month Leases. About $1,163/mo net effective over a 12 month lease - Cheapest 3 bedroom here: 3 bed listed from $1,809 (1300 sq ft), Class B. Special: Up to 6 Weeks Free - Could be the cheapest 1 bedroom: 1 bed listed from $1,300 (724 sq ft), Class A. Special: Up to 12 Weeks Free - Could be the cheapest 2 bedroom: 2 bed listed from $1,780 (1076 sq ft), Class A. Special: Up to 12 Weeks Free Rents are the lowest listed price for an available apartment of each size in our weekly check. We leave out income restricted, tax credit, 55+ and student communities. Prices can change any day, so get the final price in writing from the building before you apply. ## Areas we cover inside The Colony - **Austin Ranch**: The Colony's biggest apartment district, along Plano Parkway and Windhaven Parkway near SH-121. Newer midsize and garden apartments surround ponds and trails, and SH-121 is close. - **The Tribute**: A golf course community on a Lewisville Lake peninsula in north The Colony. Rentals here are houses, and the drive out to SH-121 takes some time. - **Grandscape District**: The big entertainment and shopping district off SH-121 anchored by Nebraska Furniture Mart. Newer apartments sit nearby, and SH-121 is right at the door. - **SH-121 Corridor**: SH-121, the Sam Rayburn Tollway, runs along The Colony's south side. It's the fastest way to Plano, Frisco and DFW Airport, and the tolls add up. - **Old Colony**: The original part of The Colony, mostly 1970s Fox and Jacobs houses on streets off Main Street. Rentals here are houses and a few older duplexes. - **Stewart Creek Area**: Stewart Creek Park sits on Lewisville Lake with a boat ramp and campsites. Older houses fill the nearby streets, and Main Street is the main road. - **Hidden Cove**: Hidden Cove Park is a lake park off Hackberry Road just north of The Colony, with campsites and lake access. Houses are the main rentals nearby. ## The Colony Apartments Between Grandscape and the Lake - SH-121 tolls added before you compare, since a home off the toll road can win once they're in - Clawback clauses on specials near Grandscape, which we look for in the addendum - Older core garden communities that have approved credit problems with conditions ## SH-121, its tolls and the lake SH-121, the Sam Rayburn Tollway, is the road in and out, east to Frisco, Plano and the Legacy offices and west toward Lewisville and DFW Airport. The Colony has no rail or DART service, so a car does everything. The toll for a daily run toward Legacy or Las Colinas belongs in the budget, so price it on [NTTA's toll calculator](https://www.ntta.org/toll-calculator). Rush hour bunches up where SH-121 meets the Dallas North Tollway and I-35E. On the west side, Lewisville Lake brings Stewart Creek Park and Hidden Cove Park within a short drive of most homes. ## New SH-121 buildings, the older core and Austin Ranch Along SH-121 and near Grandscape, the newer buildings stick to their posted rules and often run several weeks free on longer leases as they fill up. Our [specials guide](/move-in-specials/) shows how to compare them. The older core is often the best value. Its renovated garden communities approve many credit and rental history problems with conditions, without the toll bill or the higher Grandscape rents. Austin Ranch, on the south end, mixes new and older buildings in the city's biggest cluster of apartments. The Tribute, the golf community on a peninsula in the lake, rents mostly houses and townhomes. Oncor serves most of the city, so you can usually shop for a plan. ## Lake days and Grandscape nights in The Colony The Colony sits on the east shore of Lewisville Lake, with SH-121 along its south side. Grandscape brings the crowds, and the lake parks and the Shoreline Trail are the quiet side of town. ### Short drives to Legacy West The Colony is one of the closest suburbs to Legacy West in Plano: about 13 minutes at 8am by our drive times. DFW Airport runs about 29 minutes, the Medical District 42 and Downtown Dallas 48. The Sam Rayburn Tollway (SH-121) forms the town's south edge and carries most trips east and west. There's no train here, so plan on a car. - **Sam Rayburn Tollway** (tollway): Your fast road to Frisco, Plano and the airport; get a toll tag so you aren't billed by mail. ### Lake parks, trails and a dog park Stewart Creek Park, about 2 miles from the middle of town, sits on Lewisville Lake with lake access and picnic spots. The Shoreline Trail follows the lake on the town's west side for walks and bike rides with water views. Bill Allen Memorial Park has a disc golf course, and Pawsome Playground is a dog park close in. - **Stewart Creek Park** (lake park): Spend a summer morning by the water before the weekend crowd shows up. - **Shoreline Trail** (trail): Walk or bike it at sunset, when the light hits the water and the heat drops. - **Pawsome Playground Dog Park** (dog park): Give your dog a chance to run off leash after work, and bring water on hot days. ### Grandscape, barbecue and big patios Grandscape, off SH-121 at the town's south end, is where The Colony goes out. You'll find Truck Yard's huge outdoor bar, Thirsty Lion, Windmills Craftworks, Topgolf and mini golf at PopStroke and Puttery. Hard Eight BBQ, a short drive away, is the barbecue stop, where you pick meat straight from the pit. Weekend nights at Grandscape run late and loud. - **Grandscape** (dining district): Go on a weeknight for dinner and mini golf without the crowds, or a Saturday when the bands and lights are on. - **Truck Yard** (bar): Grab a drink and food truck dinner at the picnic tables; it's at its best on a mild spring or fall night. - **Hard Eight BBQ** (barbecue): Pick your meat at the outdoor pit for lunch on a weekend, and get there before the line grows. ### The Ferris wheel and the Fourth of July The Grandscape Wheel lifts you high above SH-121 for a long view across the lake country. On the Fourth of July, Liberty by the Lake fills the day. It starts with a 5K at Stewart Creek Park in the morning and a parade at 10am. Then comes an evening festival at the Five Star Complex, with fireworks at 9:30pm. Barney Smith's Toilet Seat Art Museum, inside Truck Yard at Grandscape, is an odd little stop worth one visit. - **Grandscape Wheel** (Ferris wheel): Ride it near sunset for the best view of the lake and the lights coming on below. - **The Colony Five Star Complex** (sports complex): Come on July 4 for the evening festival and fireworks, and bring chairs for the grass. ### What we tell renters about The Colony Grandscape draws traffic onto SH-121's frontage roads on weekend nights and through the holidays, so expect it if you live nearby. On July 4, the parade and the evening festival close roads around town. On hot summer weekends the lake parks fill by midmorning, so go early. ## The Colony questions What does a daily SH-121 commute add to rent in The Colony? That depends on your direction and how many days you drive. We count your commute days and look up the toll for your trip. A home that keeps you off the toll road can come out cheaper. What strings come with specials near Grandscape? Usually a clawback that turns the free weeks into a bill if you leave early. We ask for the addendum so you can read it before you sign. Why does Grandscape matter to renters? It's 400 acres of shopping and entertainment, with Scheels and its indoor Ferris wheel, restaurants and regular events, and it's a big employer too. If you work or shop there, a nearby lease can save real driving. Is Austin Ranch where most of The Colony's apartments are? It's the biggest cluster, on the south end, with new and older buildings. The older core and the SH-121 corridor have plenty too, at different rents and screening. Which school district serves The Colony? Lewisville ISD for most of the city, with some addresses in Little Elm or Frisco ISD. We check the exact address with the district. Is the older core of The Colony a better deal? Often. Its garden communities rent below similar places in Frisco and Plano, approve many credit problems with conditions, and don't tie you to the toll road. Across all of The Colony, a typical one bedroom runs about $1,284 right now. Is there an apartment locator near The Colony? Yes. We search The Colony in three parts: the new buildings near Grandscape, Austin Ranch and the older core. We price the SH-121 toll for your commute from each one. ## Near The Colony Lewisville sits across the lake to the west, Frisco is the next city east on SH-121, and Plano is a little farther along. ### Lewisville Old Town Lewisville · Castle Hills · Mill Street [Lewisville →](/neighborhoods/lewisville/) ### Frisco The Star District · Rail District · Stonebriar [Frisco →](/neighborhoods/frisco/) ### Plano Legacy West · Downtown Plano · Spring Creek [Plano →](/neighborhoods/plano/) ## Looking in The Colony? Give us a budget and your commute and we'll weigh The Colony's older core against the SH-121 buildings with tolls counted. [specials with clawbacks](/move-in-specials/) · [tolls and monthly cost](/true-monthly-cost/) · [credit history options](/bad-credit-accepted/) [Get my list →](/get-my-list/) Free to renters · No credit pull · Brokered by Spirit Real Estate Group, TREC #562021