Average Rent in Lake Highlands, Dallas, TX

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Current Versus Historical Lake Highlands, Dallas, TX Rents

Lake Highlands rentals average $1,050 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $1,432, or roughly $19 per square feet.
For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $200 (-15.98%) year-over-year from $1,250 to $1,050. 1-bedroom rentals prices have decreased by $131 (-11.09%) year-over-year from $1,180 to $1,049. 2-bedroom rentals prices have decreased by $274 (-15.03%) year-over-year from $1,824 to $1,550. 3-bedroom rentals prices have increased by $153 (5.71%) year-over-year from $2,670 to $2,823. 4-bedroom rentals prices have increased by $803 (25.94%) year-over-year from $3,097 to $3,900. 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 4.55% this month. 1-bedroom rents have gone up by 1.06% this month. 2-bedroom rents have gone up by 6.12% this month. 3-bedroom rents have gone up by 17.36% this month. 4-bedroom rents have gone up by 21.27% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $24.32 $1,050 $1,250 (-15.98%) $1,250 (-15.98%)
1 BR $19.25 $1,049 $1,180 (-11.09%) $1,155 (-9.20%)
2 BR $18.46 $1,550 $1,824 (-15.03%) $1,805 (-14.13%)
3 BR $19.15 $2,823 $2,670 (5.71%) $2,443 (15.56%)
4+ BR $18.88 $3,900 $3,097 (25.94%) $3,153 (23.71%)

Historical Rents in Lake Highlands, Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lake Highlands

There are a total of 44 cities nearby Lake Highlands. The average rent in Lake Highlands is currently $2,300 per month. Our records show that Sherman, TX, with an average rent of $1,725, is the most affordable city nearby. In contrast, the most expensive city near Lake Highlands, Dallas, TX is Southlake, TX. Monthly rents here are on average $6,500 per month.

Let's compare Lake Highlands, Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 23.03% more affordable. Two bedrooms in Lake Highlands, Dallas, TX are about 18.73% more affordable. Finally, rent for three bedrooms are about 6.00% more expensive. Want more information? Check out the top 10 cities out of 44 total cities near Lake Highlands, Dallas, TX in the following table.
City Studio 1 Bed 2 Bed All
Dallas, TX $1,386 $1,400 $2,050 $1,995
Garland, TX $699 $1,000 $1,650 $2,100
Farmers Branch, TX N/A $1,181 $1,855 $2,120
Addison, TX $1,322 $1,500 $2,150 $2,145
Mesquite, TX N/A $907 $1,700 $2,150
Carrollton, TX $3,200 $1,370 $1,941 $2,300
Richardson, TX N/A $1,158 $1,705 $2,400
Rowlett, TX N/A $1,320 $1,750 $2,500
Plano, TX N/A $1,284 $2,198 $2,800
University Park, TX N/A $2,090 $3,200 $6,198

Top Neighborhoods Near Lake Highlands

There are a total of 14 neighborhoods in or near Lake Highlands. Some of these neighborhoods include Old East Dallas, Lake Country, and Vickery. We've included all of these top 14 neighborhoods in or near Lake Highlands, Dallas, TX in the following table.

The average rent for these 14 neighborhoods in or near Lake Highlands, Dallas, TX is currently around $1,940 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $1,940. Interestingly, the neighborhoods' average rent is higher than Lake Highlands's average rent, which is only $1,432. Out of all the neighborhoods in or near Lake Highlands, Old East Dallas has the most affordable average rent at $1,225 per month. Whereas, at $2,973 average rent per month, Valley Ranch is the most expensive neighborhood in or near Lake Highlands. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $995 $1,175 $1,450 $1,225
Lake Country, Fort Worth, TX $1,215 $1,208 $1,530 $1,405
Vickery, Dallas, TX $1,452 $1,350 $1,606 $1,475
Fort Worth Avenue, Dallas, TX $1,343 $1,470 $2,063 $1,657
Hillcrest Forest, Dallas, TX $1,145 $1,445 $1,773 $1,707
Cedar Crest, Dallas, TX $1,095 $1,305 $1,595 $1,825
North Oaklawn, Dallas, TX $950 $1,300 $2,475 $1,870
Downtown Dallas, Dallas, TX $1,620 $1,825 $2,360 $2,009
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,199
Greenway Park, Dallas, TX N/A $1,599 $2,512 $2,350
Stonebridge Ranch, McKinney, TX N/A N/A $2,298 $2,595
Roseland, Dallas, TX $1,405 $2,035 $3,100 $2,695
Oak Lawn, Dallas, TX $1,700 $2,057 $3,179 $2,800
Valley Ranch, Irving, TX N/A $1,266 $1,849 $2,973

Top Counties Near Lake Highlands

There are a total of 32 counties located by Lake Highlands, Dallas, TX. Some of these counties include Southwest Dallas, TX, Northeast Dallas, Dallas, TX, and Northeast Rockwall, TX. The average rent for rentals in these counties is $2,297. That's roughly around $16 per sqft. The county that is the most affordable is Cedar Creek Lake, TX. Its average rent per month is $1,500. Vice versa, with an average rent of $3,250, Weatherford Southeast, TX is the most expensive county by Lake Highlands, Dallas, TX.

In comparison, rent for one bedroom listings in Lake Highlands, Dallas, TX is 23.77% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Highlands, Dallas, TX is 13.71% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Southwest Dallas, TX $1,199 $1,320 $1,650 $2,049
Northeast Dallas, Dallas, TX $1,400 $1,400 $2,050 $2,100
Northeast Rockwall, TX N/A $1,840 $2,345 $2,295
Forney, TX N/A $909 $1,900 $2,395
Carrollton, Lewisville, TX $1,757 $1,370 $1,990 $2,500
South Rockwall, TX N/A $1,350 $2,150 $2,550
Northwest Rockwall, Rockwall, TX N/A $1,295 $1,700 $2,650
Plano, TX $1,310 $1,269 $1,860 $2,695
McKinney, TX $1,295 $1,473 $2,120 $2,700
The Colony, TX N/A $1,886 $1,888 $3,197

Top Zipcodes Near Lake Highlands

There are a total of 45 zipcodes in or near Lake Highlands, Dallas, TX. The average rent for all of these zipcodes is $2,200. A total of 3 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75061, Irving, TX at $1,116 per month. In comparison, the zipcode with the most expensive average rent of $4,860 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $964. That's at least $22 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lake Highlands, Dallas, TX is $1,371 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,988 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in Lake Highlands, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75231, Dallas, TX $1,351 $1,295 $1,600 $1,452
75238, Dallas, TX $936 $1,140 $1,549 $1,432
75243, Dallas, TX $1,210 $975 $1,421 $1,335
75230, Dallas, TX $2,100 $1,370 $1,799 $2,171
75214, Dallas, TX $1,100 $1,199 $1,785 $1,750
75225, University Park, TX $1,795 $2,213 $3,168 $3,507
75206, Dallas, TX $1,675 $1,390 $2,425 $2,100
75240, Dallas, TX $1,405 $1,441 $1,950 $1,889
75205, Highland Park, TX $1,740 $1,900 $3,495 $4,860
75080, Richardson, TX N/A $1,205 $1,835 $2,395

Frequently Asked Questions - Lake Highlands Average Rents

What is the average rent price in Lake Highlands, Dallas, TX?
The average monthly rental price for Lake Highlands, Dallas, TX apartments for rent is approximately $1,432. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lake Highlands, Dallas, 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 Lake Highlands, Dallas, TX.
How much is a studio apartment in Lake Highlands, Dallas, TX?
The average monthly rental price for studio apartments is $1,050 and an average price per square feet of $24.32. There are a total of 15 studio apartment listings currently available for rent in Lake Highlands.
How much is a one bedroom apartment in Lake Highlands, Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,040 and an average price per square feet of $19.25. There are a total of 77 one bedroom apartment listings currently available for rent in Lake Highlands.
How much is a two bedroom apartment in Lake Highlands, Dallas, TX?
The average monthly rental price for two bedroom apartments is $1,495 and an average price per square feet of $18.46. There are a total of 81 two bedroom apartment listings currently available for rent in Lake Highlands.
How have rent prices in Lake Highlands, Dallas, TX changed this year?
Rent prices for rentals in Lake Highlands, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.16%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by -0.15%, three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Lake Highlands, Dallas, TX?
A reasonable rent price in Lake Highlands, Dallas, TX is around $1,146/month. You can search for these reasonably priced rental listings on RentHop.
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