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 $3,750 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $399 (31.96%) year-over-year from $1,250 to $1,649. 1-bedroom rentals prices have decreased by $18 (-1.57%) year-over-year from $1,168 to $1,150. 2-bedroom rentals prices have increased by $617 (34.38%) year-over-year from $1,795 to $2,413. 3-bedroom rentals prices have increased by $251 (11.14%) year-over-year from $2,250 to $2,500. 4-bedroom rentals prices have decreased by $530 (-13.15%) year-over-year from $4,030 to $3,500. 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 up by 13.78% this month. 1-bedroom rents have gone down by 4.43% this month. 2-bedroom rents have gone up by 12.94% this month. 3-bedroom rents have gone up by 3.20% this month. 4-bedroom rents have gone up by 0.99% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.00 $1,649 $1,250 (31.96%) $1,649 (0.00%)
1 BR $1.44 $1,150 $1,168 (-1.57%) $1,112 (3.45%)
2 BR $1.70 $2,413 $1,795 (34.38%) $1,776 (35.84%)
3 BR $1.55 $2,500 $2,250 (11.14%) $2,680 (-6.72%)
4+ BR $1.45 $3,500 $4,030 (-13.15%) $3,195 (9.55%)

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 37 cities nearby Lake Highlands. The average rent in Lake Highlands is currently $2,395 per month. Only one city nearby has an average rent lower than that. Our records show that Greenville, TX, with an average rent of $1,695, 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 $4,500 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 6,879.17% more affordable than other cities nearby. One bedrooms are about 20.30% more affordable. Two bedrooms in Lake Highlands, Dallas, TX are about 9.75% more affordable. Finally, rent for three bedrooms are about 19.61% more expensive. Want more information? Check out the top 10 cities out of 37 total cities near Lake Highlands, Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Garland, TX $1,600 $1,100 $1,595 $2,100
Mesquite, TX $2,050 $1,153 $1,750 $2,198
Rowlett, TX $2,249 N/A $1,525 $2,300
Dallas, TX $1,500 $1,395 $2,375 $2,395
Richardson, TX $4,166 $1,598 $1,900 $2,500
Carrollton, TX $3,050 $1,425 $2,198 $2,600
Irving, TX $2,025 $1,199 $1,983 $2,600
Allen, TX $2,800 $1,360 $1,700 $2,600
Plano, TX $2,550 $1,350 $1,995 $2,695
University Park, TX N/A $1,750 $3,075 $4,500

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, North Oaklawn, 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 $2,610 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,610. Interestingly, the neighborhoods' average rent is higher than Lake Highlands's average rent, which is only $1,750. Out of all the neighborhoods in or near Lake Highlands, Old East Dallas has the most affordable average rent at $1,325 per month. Whereas, at $3,500 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 $2,050 $1,195 $1,495 $1,325
North Oaklawn, Dallas, TX N/A $1,310 $2,825 $2,610
Oak Lawn, Dallas, TX $1,422 $2,350 $4,000 $3,500

Top Counties Near Lake Highlands

There are a total of 3 counties located by Lake Highlands, Dallas, TX. Some of these counties include South Rockwall, TX, Northeast Rockwall, TX, and Northeast Dallas, Dallas, TX. The average rent for rentals in these counties is $2,295. 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 $1,638. Vice versa, with an average rent of $2,900, Celina, TX is the most expensive county by Lake Highlands, Dallas, TX.

Typically, rent for studios in Lake Highlands, Dallas, TX is 8,233.33% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lake Highlands, Dallas, TX is 35.34% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Highlands, Dallas, TX is 16.20% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
South Rockwall, TX $1,500 $1,650 $1,875 $2,210
Northeast Rockwall, TX $875 N/A $1,850 $2,295
Northeast Dallas, Dallas, TX $1,800 $1,374 $2,250 $2,300
Southwest Dallas, TX $1,850 $1,400 $1,950 $2,300
Forney, TX $30 N/A N/A $2,395
McKinney, TX $2,000 $1,678 $2,100 $2,600
Plano, TX $1,825 $1,373 $1,975 $2,650
Northwest Rockwall, Rockwall, TX $5,035 N/A $2,700 $2,700
Carrollton, Lewisville, TX $1,600 $1,605 $2,300 $2,735
The Colony, TX $2,990 N/A $2,025 $2,800

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 $2,366. 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 75231, Dallas, TX at $1,523 per month. In comparison, the zipcode with the most expensive average rent of $3,148 per month is 75063, Irving, TX.

Studios in these zipcodes have an average rent of $1,630. That's at least $1 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 $1,128 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,927 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 $1,202 $1,280 $1,700 $1,523
75243, Dallas, TX $7,100 $900 $1,499 $1,549
75230, Dallas, TX N/A $1,625 $1,850 $3,000
75214, Dallas, TX $2,100 $1,350 $2,340 $2,199
75206, Dallas, TX $1,243 $1,300 $2,400 $2,226
75080, Richardson, TX $4,000 N/A $1,700 $2,550
75228, Dallas, TX $1,600 N/A $1,993 $2,100
75204, Dallas, TX $1,836 $1,521 $3,150 $3,000
75219, Dallas, TX $920 $1,387 $2,600 $2,500
75252, Dallas, TX $650 $1,095 $1,850 $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 $1,750. 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 $998 and an average price per square feet of $1.44. There are a total of 34 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 $1,549 and an average price per square feet of $1.70. There are a total of 39 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 0.32%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.34%, and three bedroom rental prices have changed by 0.11% 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 $1,400/month. You can search for these reasonably priced rental listings on RentHop.
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