Lake Highlands, Dallas, TX Rental Market Trends
Last updated: August 06, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Highlands is $1,228, a 1.27% decrease compared to the previous year, when the average rent was $1,244.
Studio Apartments at $905 offer the most budget-friendly option with 481 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 679 square feet for $1,059, balancing privacy and affordability.
Two-bedroom units at $1,429 offer 987 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,263 sq ft) for $1,828, suitable for larger households.
Average rent in Lake Highlands, Dallas, TX
Last updated: August 06, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,228 | 817 sq. ft. |
| Studio | $905 | 481 sq. ft. |
| 1 Bed | $1,059 | 679 sq. ft. |
| 2 Beds | $1,429 | 987 sq. ft. |
| 3 Beds | $1,828 | 1,263 sq. ft. |
Lake Highlands, Dallas, TX rent trends
Rental prices in Lake Highlands, Dallas, TX have decreased by 1.27% over the past year. The average rent moved from $1,244 to $1,228.
What's the typical rent budget in Lake Highlands, Dallas, TX?
The largest share of rentals in Lake Highlands, Dallas, TX (54%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lake Highlands, Dallas, TX?
13,129 or 64% of the households in Lake Highlands, Dallas, TX are renter-occupied while 7,353 or 36% are owner-occupied.
Most affordable neighborhoods in Lake Highlands?
Beacon Hill $869/month
Wisdom Creek $1,026/month
Munger Place $1,038/month
All of these neighborhoods fall below the city wide average of $1,592/month.Most expensive neighborhoods in Lake Highlands?
Oak Lawn $2,367/month
West Side at State Thomas $2,430/month
Uptown Dallas $2,861/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Dallas, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Uptown Dallas | $2,861 |
| West Side at State Thomas | $2,430 |
| Oak Lawn | $2,367 |
| Victory Park | $2,233 |
| Lower Greenville | $2,221 |
| Downtown Dallas | $2,095 |
| Cedars | $1,995 |
| Knox Henderson | $1,939 |
| Medical District | $1,911 |
| Design District | $1,887 |
| Deep Ellum | $1,852 |
| Forest Hills | $1,819 |
| Everwood | $1,775 |
| Peninsula | $1,743 |
| Addison Circle | $1,728 |
| Royalhaven | $1,723 |
| Fort Worth Ave | $1,719 |
| Love Field | $1,692 |
| Bryan Place | $1,677 |
| Cityplace | $1,675 |
| North Dallas | $1,674 |
| Merriman Park/University Manor | $1,628 |
| Botello | $1,625 |
| Bent Tree West | $1,610 |
| Montabella | $1,604 |
| Prestonwood Creek | $1,582 |
| Arcadia Park | $1,579 |
| Grand Estates at Kessler Park | $1,571 |
| Bent Tree Brook | $1,536 |
| Boardwalk on the Parkway | $1,488 |
| Perry Heights | $1,456 |
| Clifton Place | $1,453 |
| Highland Meadows | $1,436 |
| Lakewood - Dallas | $1,436 |
| Residence at The Oaks | $1,436 |
| Maple Lawn | $1,433 |
| Junius Heights | $1,387 |
| Wynnewood | $1,372 |
| Vista Real | $1,364 |
| Northwood Hills | $1,363 |
| Vickery Meadow | $1,340 |
| Parkway Village | $1,326 |
| Wolf Creek | $1,322 |
| San Raphael | $1,296 |
| Bradford Estates | $1,291 |
| Koreatown | $1,288 |
| Parkway Lane | $1,283 |
| Cadillac Heights | $1,282 |
| Sunset Oaks | $1,265 |
| Lake Gardens | $1,259 |
| Hollywood-Santa Monica | $1,255 |
| East Dallas Ferguson | $1,252 |
| Prestonwood | $1,251 |
| Kessler Heights | $1,238 |
| Buckner Terrace | $1,233 |
| Timberglen | $1,231 |
| Polk Terrace | $1,222 |
| Lake Highlands | $1,218 |
| Heart of Oak Cliff | $1,218 |
| Twin Creek Estates | $1,215 |
| Five Mile Creek | $1,214 |
| Bent Trail | $1,212 |
| Casa View Heights | $1,210 |
| Chimney Hill | $1,209 |
| Piedmont | $1,200 |
| Vista Del Cielo | $1,196 |
| Ridgewood Park | $1,193 |
| Pleasant Grove | $1,190 |
| Claremont | $1,180 |
| Independence Park | $1,179 |
| Fair Park | $1,156 |
| Walnut Hill Estates | $1,154 |
| Landmark at Rosewood | $1,147 |
| Red Bird Center | $1,138 |
| St Augustine Highlands | $1,128 |
| Vinings at Central | $1,124 |
| Eastwood | $1,122 |
| White Rock Village | $1,117 |
| Carbondale | $1,106 |
| Preston Road Highlands | $1,105 |
| Oak Tree Colony | $1,100 |
| Whispering Hills | $1,097 |
| The Thread | $1,090 |
| Hillview Terrace | $1,080 |
| Venue at Greenville | $1,070 |
| Braeburn Glen | $1,065 |
| Park Lane Place | $1,062 |
| Briarwood Estates | $1,059 |
| Forestwood on the Creek | $1,046 |
| Cambridge | $1,040 |
| Munger Place | $1,038 |
| Wisdom Creek | $1,026 |
| Beacon Hill | $869 |
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Dallas | Rent Comparison by Neighborhood
Rent in Lake Highlands is 30% lower than in Addison Circle
$1,218
Lake Highlands rent is 1% lower than Dallas average
Average Rent
$1,218
$1,728
Addison Circle rent is 41% higher than Dallas average
Average Rent
$1,728
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lake Highlands apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.