Lake Highlands, Dallas, TX Rental Market Trends
Last updated: August 02, 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 02, 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 $889/month
Briarwood Estates $1,024/month
Wisdom Creek $1,032/month
All of these neighborhoods fall below the city wide average of $1,592/month.Most expensive neighborhoods in Lake Highlands?
Victory Park $2,259/month
West Side at State Thomas $2,430/month
Uptown Dallas $2,862/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 | $2,862 |
| West Side at State Thomas | $2,430 |
| Victory Park | $2,259 |
| Oak Lawn | $2,230 |
| Lower Greenville | $2,163 |
| Downtown Dallas | $2,090 |
| Cedars | $2,014 |
| Medical District | $1,940 |
| Knox Henderson | $1,921 |
| Design District | $1,893 |
| Deep Ellum | $1,865 |
| Forest Hills | $1,801 |
| Everwood | $1,780 |
| Royalhaven | $1,730 |
| Addison Circle | $1,727 |
| Fort Worth Ave | $1,711 |
| Love Field | $1,687 |
| Cityplace | $1,683 |
| North Dallas | $1,681 |
| Bryan Place | $1,677 |
| Peninsula | $1,646 |
| Montabella | $1,640 |
| Bent Tree West | $1,621 |
| Grand Estates at Kessler Park | $1,614 |
| Botello | $1,609 |
| Prestonwood Creek | $1,596 |
| Merriman Park/University Manor | $1,581 |
| Arcadia Park | $1,580 |
| Bent Tree Brook | $1,540 |
| Boardwalk on the Parkway | $1,492 |
| Junius Heights | $1,477 |
| Lakewood - Dallas | $1,470 |
| Perry Heights | $1,461 |
| Clifton Place | $1,460 |
| Residence at The Oaks | $1,447 |
| Highland Meadows | $1,437 |
| Maple Lawn | $1,435 |
| Wynnewood | $1,385 |
| Vista Real | $1,364 |
| Northwood Hills | $1,354 |
| Vickery Meadow | $1,335 |
| Parkway Village | $1,324 |
| Wolf Creek | $1,316 |
| Parkway Lane | $1,315 |
| Bradford Estates | $1,307 |
| Koreatown | $1,297 |
| Cadillac Heights | $1,292 |
| Lake Gardens | $1,280 |
| Prestonwood | $1,273 |
| Hollywood-Santa Monica | $1,272 |
| Sunset Oaks | $1,263 |
| San Raphael | $1,247 |
| Kessler Heights | $1,245 |
| Buckner Terrace | $1,243 |
| East Dallas Ferguson | $1,242 |
| Timberglen | $1,234 |
| Lake Highlands | $1,228 |
| Polk Terrace | $1,227 |
| Heart of Oak Cliff | $1,227 |
| Bent Trail | $1,215 |
| Casa View Heights | $1,212 |
| Chimney Hill | $1,211 |
| Five Mile Creek | $1,211 |
| Vista Del Cielo | $1,208 |
| Twin Creek Estates | $1,204 |
| Ridgewood Park | $1,201 |
| Pleasant Grove | $1,201 |
| Independence Park | $1,190 |
| Piedmont | $1,169 |
| Fair Park | $1,159 |
| Red Bird Center | $1,147 |
| Walnut Hill Estates | $1,147 |
| St Augustine Highlands | $1,138 |
| Vinings at Central | $1,136 |
| Claremont | $1,133 |
| White Rock Village | $1,119 |
| Carbondale | $1,116 |
| Eastwood | $1,116 |
| Landmark at Rosewood | $1,112 |
| Oak Tree Colony | $1,110 |
| Whispering Hills | $1,107 |
| Preston Road Highlands | $1,105 |
| The Thread | $1,089 |
| Hillview Terrace | $1,083 |
| Braeburn Glen | $1,066 |
| Forestwood on the Creek | $1,064 |
| Venue at Greenville | $1,061 |
| Park Lane Place | $1,061 |
| Munger Place | $1,040 |
| Cambridge | $1,039 |
| Wisdom Creek | $1,032 |
| Briarwood Estates | $1,024 |
| Beacon Hill | $889 |
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Dallas | Rent Comparison by Neighborhood
Rent in Lake Highlands is 29% lower than in Addison Circle
$1,228
Lake Highlands rent is the same as Dallas average
Average Rent
$1,228
$1,727
Addison Circle rent is 41% higher than Dallas average
Average Rent
$1,727
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.