In the kitchen there are usually a bunch of things that people take for granted and never think twice about. They get taken out to do their function and then put back as soon as possible. One of these items is a colander. When choosing a colander, you should look for one that is well balanced, not too big for your sink, fits in your cupboard, and has a nice solid base. You can pay over $50 for a great one, or find a surprising one for less than $10.
If money and space is no objection, then definitely look into the All-Clad Stainless 5 Quart Colander ($69.99). The large capacity will allow you to strain almost anything and the heavy stainless steel is corrosion-resistant and non-reacitve to acidic food. The handles have been sized for a firm grip and have re-inforced rivets for strength. Oh and did I mention that it's actually dishwasher safe?
Three more colanders, including one for a tiny apartment, so read more
If you're constantly running out of cupboard space, you may want to consider a collapsible silicone colander ($29.95). This uniquely designed colander has collapsible legs and strainer. This way it will slide into almost any cupboard. It's also heat resistant to 500F and is completely dishwasher safe. I haven't personally tried it, but with a tiny kitchen, it has definitely crossed my mind.
If you're looking for a heavy-duty day to day, but inexpensive option, then look for the OXO Good Grips Plastic Colander. At only $8.99 (and it's actually on sale now for $6.74), this colander gives you good quality for a cheap price. It holds three quarts and utilizes OXO's "Good Grip" soft and comfortable handles. If I was going to go for a sub $10 option, I would definitely look at the OXO brand since most of their products tend to carry the same standard for quality.
Finally, if you have more interest in putting the colander on display, then I'd definitely look into a Calypso Basics Colander. Although it strains just wonderfully and is sturdily built, the real difference lies in all of the color options. Available in over 10 colors (including pink, ice blue, and lemon), the enamel coated colander will look beautiful filled with fruit and placed on a dining table. 3qt capacity available for $17.99, 5 qt for $21.99 and 7qt $25.99.