Lake Highlands, Dallas, TX Rental Market Trends
Last updated: June 05, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Highlands is $1,230, a 1.44% decrease compared to the previous year, when the average rent was $1,248.
Studio Apartments at $902 offer the most budget-friendly option with 481 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 678 square feet for $1,061, balancing privacy and affordability.
Two-beedroom units at $1,427 offer 988 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,263 sq ft) for $1,826, suitable for larger households.
Average rent in Lake Highlands, Dallas, TX
Last updated: June 05, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,230 | 818 sq. ft. |
| Studio | $902 | 481 sq. ft. |
| 1 Bed | $1,061 | 678 sq. ft. |
| 2 Beds | $1,427 | 988 sq. ft. |
| 3 Beds | $1,826 | 1,263 sq. ft. |
Lake Highlands, Dallas, TX rent trends
Rental prices in Lake Highlands, Dallas, TX have decreased by 1.44% over the past year. The average rent moved from $1,248 to $1,230.
What's the typical rent budget in Lake Highlands, Dallas, TX?
The largest share of rentals in Lake Highlands, Dallas, TX (59%) 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 $935/month
Wisdom Creek $1,032/month
Cambridge $1,042/month
All of these neighborhoods fall below the city wide average of $1,587/month.Most expensive neighborhoods in Lake Highlands?
Victory Park $2,290/month
West Side at State Thomas $2,414/month
Uptown Dallas $2,831/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 | $2,831 |
| West Side at State Thomas | $2,414 |
| Victory Park | $2,290 |
| Lower Greenville | $2,266 |
| Oak Lawn | $2,229 |
| Downtown Dallas | $2,070 |
| Medical District | $1,958 |
| Knox Henderson | $1,901 |
| Cedars | $1,895 |
| Design District | $1,887 |
| Deep Ellum | $1,836 |
| Everwood | $1,813 |
| Forest Hills | $1,802 |
| Addison Circle | $1,787 |
| Royalhaven | $1,768 |
| Fort Worth Ave | $1,730 |
| North Dallas | $1,720 |
| Love Field | $1,709 |
| Cityplace | $1,695 |
| Peninsula | $1,683 |
| Montabella | $1,679 |
| Bryan Place | $1,675 |
| Merriman Park/University Manor | $1,661 |
| Prestonwood Creek | $1,618 |
| Bent Tree West | $1,608 |
| Wynnewood | $1,591 |
| Grand Estates at Kessler Park | $1,583 |
| Botello | $1,556 |
| Maple Lawn | $1,494 |
| Clifton Place | $1,478 |
| Koreatown | $1,469 |
| Arcadia Park | $1,469 |
| Boardwalk on the Parkway | $1,465 |
| Lakewood - Dallas | $1,454 |
| Junius Heights | $1,437 |
| Highland Meadows | $1,437 |
| Residence at The Oaks | $1,436 |
| Perry Heights | $1,429 |
| Walnut Hills | $1,403 |
| Lake Gardens | $1,389 |
| Northwood Hills | $1,364 |
| Vickery Meadow | $1,331 |
| Wolf Creek | $1,326 |
| Vista Real | $1,324 |
| Parkway Village | $1,318 |
| San Raphael | $1,317 |
| Bradford Estates | $1,294 |
| Parkway Lane | $1,289 |
| East Dallas Ferguson | $1,287 |
| Cadillac Heights | $1,286 |
| Hollywood-Santa Monica | $1,283 |
| Sunset Oaks | $1,278 |
| Prestonwood | $1,272 |
| Heart of Oak Cliff | $1,263 |
| Chapel Forest | $1,262 |
| Timberglen | $1,260 |
| Bent Trail | $1,248 |
| Casa View Heights | $1,242 |
| Kessler Heights | $1,227 |
| Lake Highlands | $1,227 |
| Independence Park | $1,225 |
| Ridgewood Park | $1,225 |
| Buckner Terrace | $1,223 |
| Five Mile Creek | $1,204 |
| Eastwood | $1,199 |
| Pleasant Grove | $1,197 |
| Twin Creek Estates | $1,196 |
| Munger Place | $1,189 |
| Claremont | $1,183 |
| Fair Park | $1,179 |
| Chimney Hill | $1,154 |
| Carbondale | $1,150 |
| White Rock Village | $1,148 |
| Piedmont | $1,147 |
| Walnut Hill Estates | $1,145 |
| Vinings at Central | $1,133 |
| Preston Road Highlands | $1,119 |
| Venue at Greenville | $1,118 |
| St Augustine Highlands | $1,115 |
| Hillview Terrace | $1,112 |
| Red Bird Center | $1,100 |
| Forestwood on the Creek | $1,074 |
| Whispering Hills | $1,070 |
| Park Lane Place | $1,068 |
| The Thread | $1,065 |
| Braeburn Glen | $1,062 |
| Oak Tree Colony | $1,057 |
| Briarwood Estates | $1,056 |
| Cambridge | $1,042 |
| Wisdom Creek | $1,032 |
| Beacon Hill | $935 |
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Dallas | Rent Comparison by Neighborhood
Rent in Lake Highlands is 31% lower than in Addison Circle
$1,227
Lake Highlands rent is 1% lower than Dallas average
Average Rent
$1,227
$1,787
Addison Circle rent is 45% higher than Dallas average
Average Rent
$1,787
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.