Lake Highlands, Dallas, TX Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Highlands is $1,232, a 2.6% decrease compared to the previous year, when the average rent was $1,265.
Studio Apartments at $911 offer the most budget-friendly option with 490 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 678 square feet for $1,073, balancing privacy and affordability.
Two-beedroom units at $1,424 offer 988 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,263 sq ft) for $1,786, suitable for larger households.
Average rent in Lake Highlands, Dallas, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,232 | 816 sq. ft. |
| Studio | $911 | 490 sq. ft. |
| 1 Bed | $1,073 | 678 sq. ft. |
| 2 Beds | $1,424 | 988 sq. ft. |
| 3 Beds | $1,786 | 1,263 sq. ft. |
Lake Highlands, Dallas, TX rent trends
Rental prices in Lake Highlands, Dallas, TX have decreased by 2.6% over the past year. The average rent moved from $1,265 to $1,232.
What's the typical rent budget in Lake Highlands, Dallas, TX?
The largest share of rentals in Lake Highlands, Dallas, TX (56%) 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?
13,180 or 64% of the households in Lake Highlands, Dallas, TX are renter-occupied while 7,301 or 36% are owner-occupied.
Most affordable neighborhoods in Lake Highlands?
Lakeview-Lofts $907/month
Cambridge $1,018/month
Wisdom Creek $1,048/month
All of these neighborhoods fall below the city wide average of $1,577/month.Most expensive neighborhoods in Lake Highlands?
West Side at State Thomas $2,391/month
Uptown Dallas $2,701/month
Forestcrest Estates $3,459/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Dallas, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Forestcrest Estates | $3,459 |
| Uptown Dallas | $2,701 |
| West Side at State Thomas | $2,391 |
| Post Abbey | $2,318 |
| Victory Park | $2,251 |
| Fiori at Vitruvian Park | $2,240 |
| Oak Lawn | $2,078 |
| Downtown Dallas | $2,073 |
| Lower Greenville | $2,007 |
| Old East Dallas Ranaissance Coalition | $1,928 |
| Cedars | $1,906 |
| Design District | $1,881 |
| The Tuscany Condos | $1,872 |
| Modera Galleria | $1,841 |
| Knox Henderson | $1,837 |
| Deep Ellum | $1,832 |
| El Tivoli Place | $1,831 |
| Village on the Green | $1,817 |
| Medical District | $1,809 |
| Chapel Valley | $1,806 |
| Fort Worth Ave | $1,777 |
| Everwood | $1,776 |
| Love Field | $1,737 |
| Bryan Place | $1,723 |
| North Dallas | $1,694 |
| Addison Circle | $1,688 |
| Cityplace | $1,682 |
| Botello | $1,673 |
| Peninsula | $1,666 |
| Grand Estates at Kessler Park | $1,663 |
| Merriman Park/University Manor | $1,642 |
| Royalhaven | $1,640 |
| Vista Real | $1,625 |
| Kidd Springs | $1,621 |
| Montabella | $1,610 |
| Cedar Ridge | $1,601 |
| Dallas Land and Loan | $1,595 |
| Forest Hills | $1,590 |
| Wedglea Place | $1,578 |
| Prestonwood Creek | $1,577 |
| Bent Tree West | $1,565 |
| Bent Tree Brook | $1,545 |
| Wynnewood | $1,534 |
| Arcadia Park | $1,503 |
| Summit Parc | $1,485 |
| Lakewood - Dallas | $1,475 |
| Maple Lawn | $1,470 |
| Clark Ridge | $1,463 |
| Perry Heights | $1,459 |
| Highland Meadows | $1,457 |
| Northpointe | $1,453 |
| Junius Heights | $1,450 |
| Peak's Addition | $1,446 |
| Boardwalk on the Parkway | $1,439 |
| Clifton Place | $1,434 |
| San Raphael | $1,433 |
| Residence at The Oaks | $1,414 |
| Northwood Hills | $1,410 |
| Shadowood | $1,404 |
| Buena Vista | $1,403 |
| Bradford Estates | $1,396 |
| Walnut Hills | $1,387 |
| Koreatown | $1,375 |
| Parkway Village | $1,367 |
| Talisker of Addison | $1,364 |
| Stevens Park Village | $1,345 |
| Watership | $1,334 |
| Carrollton Park | $1,328 |
| Chapel Forest | $1,326 |
| Parkway Lane | $1,314 |
| Stevens Park Estates | $1,309 |
| Vickery Meadow | $1,303 |
| Wedglea Manor | $1,302 |
| Lake Gardens | $1,300 |
| Prestonwood | $1,285 |
| Patio Homes Chimney Hill | $1,281 |
| Piedmont Park | $1,280 |
| Hollywood-Santa Monica | $1,276 |
| Casa View Heights | $1,270 |
| Independence Park | $1,269 |
| Timberglen | $1,263 |
| Chimney Hill | $1,261 |
| East Dallas Ferguson | $1,258 |
| Lou Ann | $1,255 |
| Sunset Oaks | $1,249 |
| Buckner Terrace | $1,245 |
| Arts at Midtown | $1,233 |
| Lake Highlands | $1,232 |
| Bent Trail | $1,230 |
| Oak Park Estates | $1,227 |
| Polk Terrace | $1,216 |
| Wolf Creek | $1,213 |
| Twin Creek Estates | $1,212 |
| Sunnyvale | $1,209 |
| Carbondale | $1,206 |
| Eastwood | $1,203 |
| Pleasant Grove | $1,196 |
| Crestview Estates | $1,195 |
| Ventana | $1,191 |
| Landmark at Rosewood | $1,190 |
| Fair Park | $1,187 |
| Kessler Heights | $1,186 |
| Landmark on the Valey | $1,182 |
| Five Mile Creek | $1,181 |
| Heart of Oak Cliff | $1,174 |
| Frazier Fellowship | $1,173 |
| Oak Park | $1,170 |
| Claremont | $1,167 |
| Walnut Hill Estates | $1,164 |
| Forestwood on the Creek | $1,163 |
| Parkway Estates | $1,162 |
| Munger Place | $1,162 |
| Vinings at Central | $1,156 |
| Briarwood Estates | $1,156 |
| Hillview Terrace | $1,153 |
| Vista Del Cielo | $1,152 |
| Piedmont | $1,146 |
| Whispering Hills | $1,137 |
| Red Bird Center | $1,130 |
| White Rock Village | $1,129 |
| St Augustine Highlands | $1,126 |
| Beacon Hill | $1,122 |
| Venue at Greenville | $1,099 |
| Preston Road Highlands | $1,098 |
| Braeburn Glen | $1,092 |
| Bruton Terrace | $1,084 |
| Urban Living Laboratory | $1,082 |
| Oak Tree Colony | $1,074 |
| Country Forest | $1,065 |
| Park Lane Place | $1,052 |
| Wisdom Creek | $1,048 |
| Cambridge | $1,018 |
| Lakeview-Lofts | $907 |
Dallas | Rent Comparison by Neighborhood
Rent in Lake Highlands is 27% lower than in Addison Circle
Lake Highlands rent is the same as Dallas average
Addison Circle rent is 37% higher than Dallas average
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.