Average Rent in 75205, Highland Park, TX

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Current Versus Historical 75205, Highland Park, TX Rents

75205 rentals average $1,925 for a studio rental to $10,000 for a 4-bedroom rental. The median price of all currently available listings is $3,850, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $286 (-14.26%) year-over-year from $2,006 to $1,720. 1-bedroom rentals prices have decreased by $95 (-4.67%) year-over-year from $2,040 to $1,945. 2-bedroom rentals prices have decreased by $4 (-0.13%) year-over-year from $3,154 to $3,150. 3-bedroom rentals prices have decreased by $233 (-4.07%) year-over-year from $5,733 to $5,500. 4-bedroom rentals prices have increased by $1,375 (16.92%) year-over-year from $8,125 to $9,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.43% this month. 1-bedroom rents have gone down by 13.20% this month. 2-bedroom rents have gone down by 2.31% this month. 3-bedroom rents have gone up by 0.01% this month. 4-bedroom rents have gone up by 0.91% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $1,720 $2,006 (-14.26%) $1,995 (-13.80%)
1 BR $2.57 $1,945 $2,040 (-4.67%) $1,972 (-1.36%)
2 BR $2.62 $3,150 $3,154 (-0.13%) $2,634 (19.57%)
3 BR $2.91 $5,500 $5,733 (-4.07%) $4,440 (23.87%)
4+ BR $2.99 $9,500 $8,125 (16.92%) $6,600 (43.94%)

Historical Rents in 75205, Highland Park, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 75205

There are a total of 2 cities nearby 75205. The average rent in 75205 is currently $3,693 per month. Only one city nearby has an average rent lower than that. Our records show that Dallas, TX, with an average rent of $2,385, is the most affordable city nearby. In contrast, the most expensive city near 75205, Highland Park, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare 75205, Highland Park, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 75205, Highland Park, TX is 53.25% more expensive than other cities nearby. One bedrooms are about 6.25% more expensive. Two bedrooms in 75205, Highland Park, TX are about 28.38% more expensive. Finally, rent for three bedrooms are about 25.51% more expensive. Want more information? Check out the top 2 cities near 75205, Highland Park, TX in the following chart.
City Studio 1 Bed 2 Bed All
Dallas, TX $1,800 $1,350 $2,350 $2,385
University Park, TX N/A $2,025 $2,950 $5,000

Top Neighborhoods Near 75205

There are a total of 2 neighborhoods in or near 75205. We've included all of these top 2 neighborhoods in or near 75205, Highland Park, TX in the following chart.

The average rent for these 2 neighborhoods in or near 75205, Highland Park, TX is currently around $2,201 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 75205, Old East Dallas has the most affordable average rent at $1,298 per month. Whereas, at $3,104 average rent per month, Oak Lawn is the most expensive neighborhood in or near 75205. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $4,325 $1,250 $1,700 $1,298
Oak Lawn, Dallas, TX $1,650 $2,050 $3,800 $3,104

Top Counties Near 75205

There are a total of 2 counties located by 75205, Highland Park, TX.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 75205

There are a total of 3 zipcodes in or near 75205, Highland Park, TX. The average rent for all of these zipcodes is $2,200. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75219, Dallas, TX at $2,100 per month. In comparison, the zipcode with the most expensive average rent of $2,692 per month is 75204, Dallas, TX.

Studios in these zipcodes have an average rent of $1,176. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 75205, Highland Park, TX is $1,413 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,648 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in 75205, Highland Park, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75219, Dallas, TX $1,650 $1,413 $2,400 $2,100
75204, Dallas, TX $1,176 $1,500 $2,900 $2,692
75206, Dallas, TX $1,095 $1,095 $2,648 $2,200

Frequently Asked Questions - 75205 Average Rents

What is the average rent price in 75205, Highland Park, TX?
The average monthly rental price for 75205, Highland Park, TX apartments for rent is approximately $3,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 75205, Highland Park, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 75205, Highland Park, TX.
How much is a studio apartment in 75205, Highland Park, TX?
The average monthly rental price for studio apartments is $1,925 and an average price per square feet of $0. There are a total of 2 studio apartment listings currently available for rent in 75205.
How much is a one bedroom apartment in 75205, Highland Park, TX?
The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $2.57. There are a total of 22 one bedroom apartment listings currently available for rent in 75205.
How much is a two bedroom apartment in 75205, Highland Park, TX?
The average monthly rental price for two bedroom apartments is $3,700 and an average price per square feet of $2.62. There are a total of 43 two bedroom apartment listings currently available for rent in 75205.
How have rent prices in 75205, Highland Park, TX changed this year?
Rent prices for rentals in 75205, Highland Park, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in 75205, Highland Park, TX?
A reasonable rent price in 75205, Highland Park, TX is around $3,080/month. You can search for these reasonably priced rental listings on RentHop.
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