Average Rent in Highland Park, TX

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Current Versus Historical Highland Park, TX Rents

Highland Park rentals average $3,168 for a 1-bedroom rental to $14,000 for a 4-bedroom rental. The median price of all currently available listings is $7,200, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $985 to $985. 1-bedroom rentals prices have increased by $282 (9.77%) year-over-year from $2,886 to $3,168. 2-bedroom rentals prices have decreased by $165 (-4.04%) year-over-year from $4,082 to $3,917. 3-bedroom rentals prices have increased by $2,469 (46.76%) year-over-year from $5,281 to $7,750. 4-bedroom rentals prices have increased by $6,156 (69.61%) year-over-year from $8,844 to $15,000. 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 0.00% this month. 1-bedroom rents have gone down by 2.72% this month. 2-bedroom rents have gone up by 11.74% this month. 3-bedroom rents have gone up by 23.89% this month. 4-bedroom rents have gone down by 10.00% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.21	$3,168	$2,886 (9.77%)	$2,236 (41.70%)
3 BR	$3.44	$7,750	$5,281 (46.76%)	$5,307 (46.04%)
4+ BR	$3.37	$15,000	$8,844 (69.61%)	$25,250 (-40.59%)

Historical Rents in Highland Park, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Highland Park

There are a total of 2 cities nearby Highland Park. The average rent in Highland Park is currently $3,788 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Dallas, TX, with an average rent of $2,350, is the most affordable city nearby. In contrast, the most expensive city near Highland Park, TX is University Park, TX. Monthly rents here are on average $5,225 per month.

Let's compare Highland Park, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Highland Park, TX is inf% more affordable than other cities nearby. One bedrooms are about 46.02% more expensive. Two bedrooms in Highland Park, TX are about inf% more affordable. Finally, rent for three bedrooms are about 45.48% more expensive. Want more information? Check out the top 2 cities near Highland Park, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Dallas, TX	$1,825	$1,395	$2,350	$2,350
University Park, TX	N/A	$2,025	$2,825	$5,225

Top Neighborhoods Near Highland Park

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

The average rent for these 2 neighborhoods in or near Highland Park, TX is currently around $2,164 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Highland Park, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,052 average rent per month, Oak Lawn is the most expensive neighborhood in or near Highland Park. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Old East Dallas, Dallas, TX	$1,145	$1,200	$1,623	$1,275
Oak Lawn, Dallas, TX	$1,815	$1,928	$3,800	$3,052

Top Counties Near Highland Park

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

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Highland Park

There are a total of 4 zipcodes in or near Highland Park, TX. The average rent for all of these zipcodes is $2,448. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75206, Dallas, TX at $2,125 per month. In comparison, the zipcode with the most expensive average rent of $3,850 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,168. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Highland Park, TX is $1,448 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,838 per month. Which comes out to $2 per sqft. The following chart includes the top 4 zipcodes in Highland Park, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75205, Highland Park, TX	$1,925	$1,825	$3,432	$3,850
75206, Dallas, TX	$1,135	$1,150	$2,400	$2,125
75219, Dallas, TX	$845	$1,295	$2,475	$2,145
75204, Dallas, TX	$1,200	$1,600	$3,200	$2,750

Frequently Asked Questions - Highland Park Average Rents

What is the average rent price in Highland Park, TX?

The average monthly rental price for Highland Park, TX apartments for rent is approximately $7,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Highland Park, TX.

How much is a studio apartment in Highland Park, TX?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Highland Park.

How much is a one bedroom apartment in Highland Park, TX?

The average monthly rental price for one bedroom apartments is $3,168 and an average price per square feet of $2.21. There are a total of 3 one bedroom apartment listings currently available for rent in Highland Park.

How much is a two bedroom apartment in Highland Park, TX?

The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Highland Park.

How have rent prices in Highland Park, TX changed this year?

Rent prices for rentals in Highland Park, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by 0.47% year-over-year.

What is a reasonable rent price in Highland Park, TX?

A reasonable rent price in Highland Park, TX is around $5,760/month. You can search for these reasonably priced rental listings on RentHop.