Average Rent in Lake Highlands, Dallas, TX

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Current Versus Historical Lake Highlands, Dallas, TX Rents

Lake Highlands rentals average $24 for a studio rental to $4,400 for a 4-bedroom rental. The median price of all currently available listings is $1,698, or roughly $2 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $399 (-27.55%) year-over-year from $1,449 to $1,050. 1-bedroom rentals prices have decreased by $322 (-25.33%) year-over-year from $1,272 to $950. 2-bedroom rentals prices have decreased by $729 (-33.45%) year-over-year from $2,179 to $1,450. 3-bedroom rentals prices have increased by $84 (3.40%) year-over-year from $2,464 to $2,548. 4-bedroom rentals prices have increased by $845 (26.57%) year-over-year from $3,180 to $4,025. 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 17.21% this month. 2-bedroom rents have gone down by 20.12% this month. 3-bedroom rents have gone up by 6.66% this month. 4-bedroom rents have gone up by 18.70% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.00 $1,050 $1,449 (-27.55%) $1,649 (-36.33%)
1 BR $1.32 $950 $1,272 (-25.33%) $1,270 (-25.21%)
2 BR $1.68 $1,450 $2,179 (-33.45%) $2,174 (-33.30%)
3 BR $1.59 $2,548 $2,464 (3.40%) $2,780 (-8.36%)
4+ BR $1.51 $4,025 $3,180 (26.57%) $3,013 (33.57%)

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 35 cities nearby Lake Highlands. The average rent in Lake Highlands is currently $2,350 per month. Only one city nearby has an average rent lower than that. Our records show that Greenville, TX, with an average rent of $1,650, is the most affordable city nearby. In contrast, the most expensive city near Lake Highlands, Dallas, TX is Flower Mound, TX. Monthly rents here are on average $3,038 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 7,004.17% more affordable than other cities nearby. One bedrooms are about 26.32% more affordable. Two bedrooms in Lake Highlands, Dallas, TX are about 4.69% more affordable. Finally, rent for three bedrooms are about 23.28% more expensive. Want more information? Check out the top 10 cities out of 35 total cities near Lake Highlands, Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Garland, TX $948 $1,373 $1,598 $2,000
Mesquite, TX $2,425 $1,153 $1,750 $2,100
Rowlett, TX $1,450 N/A $1,613 $2,300
Dallas, TX $1,450 $1,350 $2,300 $2,350
Wylie, TX $1,011 N/A N/A $2,497
Richardson, TX $3,855 $1,570 $1,990 $2,500
Allen, TX $3,000 $1,360 $1,665 $2,500
Carrollton, TX $3,050 $1,445 $2,200 $2,600
Irving, TX $2,075 $1,295 $2,195 $2,670
Plano, TX $2,700 $1,318 $2,065 $2,700

Top Neighborhoods Near Lake Highlands

There are a total of 4 neighborhoods in or near Lake Highlands. Some of these neighborhoods include Old East Dallas, Cedar Crest, and North Oaklawn. We've included all of these top 4 neighborhoods in or near Lake Highlands, Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near Lake Highlands, Dallas, TX is currently around $2,387 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,387. Interestingly, the neighborhoods' average rent is higher than Lake Highlands's average rent, which is only $1,698. Out of all the neighborhoods in or near Lake Highlands, Old East Dallas has the most affordable average rent at $1,250 per month. Whereas, at $3,575 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 $1,195 $1,195 $1,700 $1,250
Cedar Crest, Dallas, TX $1,600 $1,450 $1,638 $2,000
North Oaklawn, Dallas, TX N/A $1,295 $2,900 $2,775
Oak Lawn, Dallas, TX $1,646 $2,275 $4,050 $3,575

Top Counties Near Lake Highlands

There are a total of 4 counties located by Lake Highlands, Dallas, TX. Some of these counties include Northeast Rockwall, TX, Northeast Dallas, Dallas, TX, and Southwest Dallas, TX. The average rent for rentals in these counties is $2,324. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. It's average rent per month is $1,595. Vice versa, with an average rent of $2,990, Celina, TX is the most expensive county by Lake Highlands, Dallas, TX.

Typically, rent for studios in Lake Highlands, Dallas, TX is 8,962.50% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lake Highlands, Dallas, TX is 28.37% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Highlands, Dallas, TX is 10.16% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Northeast Rockwall, TX $20 N/A $1,850 $2,295
Northeast Dallas, Dallas, TX $1,975 $1,350 $2,225 $2,300
Southwest Dallas, TX $2,000 $1,400 $1,915 $2,300
Forney, TX $1,400 N/A N/A $2,350
South Rockwall, TX $2,950 $1,650 $1,873 $2,400
Northwest Rockwall, Rockwall, TX $3,768 N/A $2,450 $2,500
McKinney, TX $1,860 $1,663 $2,126 $2,595
Plano, TX $2,000 $1,370 $1,990 $2,650
Carrollton, Lewisville, TX $2,600 $1,640 $2,300 $2,730
The Colony, TX $2,830 N/A $2,025 $2,850

Top Zipcodes Near Lake Highlands

There are a total of 42 zipcodes in or near Lake Highlands, Dallas, TX. The average rent for all of these zipcodes is $2,324. 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 75243, Dallas, TX at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,125 per month is 75024, Plano, TX.

Studios in these zipcodes have an average rent of $1,355. That's at least $0 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 $1,198 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,976 per month. Which comes out to $2 per sqft. 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
75231, Dallas, TX $1,050 $1,200 $1,750 $1,595
75243, Dallas, TX $7,100 $950 $1,500 $1,500
75230, Dallas, TX N/A $1,595 $1,963 $3,031
75214, Dallas, TX $1,195 $1,350 $2,300 $1,995
75206, Dallas, TX $1,350 $1,200 $2,500 $2,298
75080, Richardson, TX $3,425 $1,570 $1,773 $2,500
75228, Dallas, TX $1,600 N/A $1,973 $2,100
75204, Dallas, TX $1,200 $1,220 $3,225 $3,000
75219, Dallas, TX $850 $1,499 $2,600 $2,295
75252, Dallas, TX $650 $1,050 $2,200 $2,713

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 $1,698. 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 $24 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 $950 and an average price per square feet of $1.32. There are a total of 39 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 $1,600 and an average price per square feet of $1.68. There are a total of 33 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 -0.28%, one bedroom rental prices have changed by -0.25%, two bedroom rental prices have changed by -0.33%, and three bedroom rental prices have changed by 0.03% 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 $1,358/month. You can search for these reasonably priced rental listings on RentHop.
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