Average Rent in Lake Highlands, Dallas, TX

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Current Versus Historical Lake Highlands, Dallas, TX Rents

Lake Highlands rentals average $609 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $1,448, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $354 (-25.21%) year-over-year from $1,404 to $1,050. 1-bedroom rentals prices have decreased by $99 (-8.29%) year-over-year from $1,194 to $1,095. 2-bedroom rentals prices have decreased by $700 (-32.82%) year-over-year from $2,132 to $1,432. 3-bedroom rentals prices have increased by $283 (13.35%) year-over-year from $2,117 to $2,400. 4-bedroom rentals prices have decreased by $348 (-10.09%) year-over-year from $3,445 to $3,098. 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 15.98% this month. 1-bedroom rents have gone down by 6.97% this month. 2-bedroom rents have gone down by 20.80% this month. 3-bedroom rents have gone up by 1.62% this month. 4-bedroom rents have gone up by 9.36% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.00 $1,050 $1,404 (-25.21%) $1,639 (-35.92%)
1 BR $1.54 $1,095 $1,194 (-8.29%) $1,145 (-4.38%)
2 BR $1.75 $1,432 $2,132 (-32.82%) $1,760 (-18.63%)
3 BR $1.60 $2,400 $2,117 (13.35%) $1,954 (22.85%)
4+ BR $1.50 $3,098 $3,445 (-10.09%) $2,850 (8.68%)

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 29 cities nearby Lake Highlands. The average rent in Lake Highlands is currently $2,368 per month. Our records show that Addison, TX, with an average rent of $1,525, is the most affordable city nearby. In contrast, the most expensive city near Lake Highlands, Dallas, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare Lake Highlands, Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lake Highlands, Dallas, TX is 175.04% more affordable than other cities nearby. One bedrooms are about 2.44% more expensive. Two bedrooms in Lake Highlands, Dallas, TX are about 15.25% more affordable. Finally, rent for three bedrooms are about 13.73% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near Lake Highlands, Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,267 $1,459 $2,170 $1,525
Farmers Branch, TX N/A $1,476 $2,081 $1,611
Mesquite, TX $186 N/A N/A $2,088
Garland, TX $2,500 $1,163 $1,513 $2,100
Dallas, TX $1,750 $1,350 $2,350 $2,348
Richardson, TX $3,270 $1,532 $2,197 $2,382
Rowlett, TX $20 N/A N/A $2,395
Plano, TX $2,169 $1,279 $2,175 $2,600
Carrollton, TX $2,338 $1,550 $2,100 $2,620
University Park, TX N/A N/A $2,950 $5,000

Top Neighborhoods Near Lake Highlands

There are a total of 3 neighborhoods in or near Lake Highlands. Some of these neighborhoods include Old East Dallas, Downtown Fort Worth, and Oak Lawn. We've included all of these top 3 neighborhoods in or near Lake Highlands, Dallas, TX in the following chart.

The average rent for these 3 neighborhoods in or near Lake Highlands, Dallas, TX is currently around $1,839 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,839. Interestingly, the neighborhoods' average rent is higher than Lake Highlands's average rent, which is only $1,448. Out of all the neighborhoods in or near Lake Highlands, Old East Dallas has the most affordable average rent at $1,300 per month. Whereas, at $3,052 average rent per month, Oak Lawn is the most expensive neighborhood in or near Lake Highlands. 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 $1,300
Downtown Fort Worth, Fort Worth, TX N/A $1,689 $2,642 $1,839
Oak Lawn, Dallas, TX $1,650 $2,052 $3,800 $3,052

Top Counties Near Lake Highlands

There are a total of 3 counties located by Lake Highlands, Dallas, TX. Some of these counties include Princeton, TX, Northeast Dallas, Dallas, TX, and Northeast Rockwall, TX. The average rent for rentals in these counties is $2,395. That's roughly around $1 per sqft. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,675. Vice versa, with an average rent of $2,909, Celina, TX is the most expensive county by Lake Highlands, Dallas, TX.

Typically, rent for studios in Lake Highlands, Dallas, TX is 230.05% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lake Highlands, Dallas, TX is 2.42% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Highlands, Dallas, TX is 24.98% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Princeton, TX $3,300 N/A $1,300 $2,150
Northeast Dallas, Dallas, TX $1,553 $1,398 $2,202 $2,200
Northeast Rockwall, TX $22 N/A $1,837 $2,295
Southwest Dallas, TX $2,000 $1,420 $1,850 $2,350
Forney, TX $18 N/A N/A $2,399
Plano, TX $1,363 $1,369 $2,175 $2,550
McKinney, TX $2,020 $1,374 $2,050 $2,600
Lewisville-Flower Mound, TX $1,629 $925 $2,200 $2,641
Carrollton, Lewisville, TX $2,600 $1,549 $2,134 $2,698
The Colony, TX $2,900 N/A $2,800 $2,900

Top Zipcodes Near Lake Highlands

There are a total of 44 zipcodes in or near Lake Highlands, Dallas, TX. The average rent for all of these zipcodes is $2,400.

The following chart 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
75243, Dallas, TX $17 $1,050 $1,448 $1,248
75214, Dallas, TX $2,999 $1,275 $2,160 $1,875
75206, Dallas, TX $1,095 $1,095 $2,498 $2,195
75205, Highland Park, TX $1,925 $1,750 $3,700 $3,850
75204, Dallas, TX $1,700 $1,500 $2,950 $2,500
75219, Dallas, TX $1,650 $1,400 $2,400 $2,100
75001, Addison, TX $1,267 $1,459 $2,168 $1,520
75234, Farmers Branch, TX $1,475 $1,476 $2,081 $1,581
75074, Plano, TX $2,700 N/A $1,750 $2,500
75208, Dallas, TX $1,178 $1,513 $2,125 $1,758

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 $1,448. 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 $609 and an average price per square feet of $0.00. There are a total of 6 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 $1,125 and an average price per square feet of $1.54. There are a total of 32 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 $1,475 and an average price per square feet of $1.75. There are a total of 15 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 -0.25%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by -0.33%, and three bedroom rental prices have changed by 0.13% 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 $1,158/month. You can search for these reasonably priced rental listings on RentHop.
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