Lake Highlands, Dallas, TX Rental Market Trends
Last updated: June 02, 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 02, 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 $954/month
Briarwood Estates $1,016/month
Wisdom Creek $1,017/month
All of these neighborhoods fall below the city wide average of $1,587/month.Most expensive neighborhoods in Lake Highlands?
Victory Park $2,291/month
West Side at State Thomas $2,390/month
Uptown Dallas $2,803/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 | $2,803 |
| West Side at State Thomas | $2,390 |
| Victory Park | $2,291 |
| Lower Greenville | $2,258 |
| Oak Lawn | $2,212 |
| Downtown Dallas | $2,049 |
| Cedars | $1,920 |
| Medical District | $1,919 |
| Design District | $1,891 |
| Knox Henderson | $1,845 |
| Deep Ellum | $1,843 |
| Everwood | $1,807 |
| Addison Circle | $1,806 |
| Forest Hills | $1,803 |
| Fort Worth Ave | $1,759 |
| Peninsula | $1,738 |
| North Dallas | $1,724 |
| Love Field | $1,684 |
| Cityplace | $1,671 |
| Bryan Place | $1,664 |
| Bent Tree West | $1,615 |
| Montabella | $1,614 |
| Prestonwood Creek | $1,611 |
| Grand Estates at Kessler Park | $1,596 |
| Wynnewood | $1,593 |
| Merriman Park/University Manor | $1,583 |
| Royalhaven | $1,564 |
| Botello | $1,561 |
| Arcadia Park | $1,502 |
| Koreatown | $1,486 |
| Clifton Place | $1,476 |
| Boardwalk on the Parkway | $1,459 |
| Maple Lawn | $1,459 |
| Residence at The Oaks | $1,448 |
| Highland Meadows | $1,439 |
| Lakewood - Dallas | $1,425 |
| Perry Heights | $1,424 |
| Walnut Hills | $1,401 |
| Lake Gardens | $1,393 |
| Junius Heights | $1,392 |
| Northwood Hills | $1,380 |
| Vickery Meadow | $1,335 |
| Wolf Creek | $1,334 |
| San Raphael | $1,331 |
| Parkway Village | $1,321 |
| Vista Real | $1,318 |
| Prestonwood | $1,292 |
| Cadillac Heights | $1,290 |
| East Dallas Ferguson | $1,289 |
| Hollywood-Santa Monica | $1,279 |
| Heart of Oak Cliff | $1,267 |
| Bradford Estates | $1,262 |
| Chapel Forest | $1,260 |
| Timberglen | $1,259 |
| Bent Trail | $1,252 |
| Sunset Oaks | $1,246 |
| Parkway Lane | $1,242 |
| Casa View Heights | $1,240 |
| Ridgewood Park | $1,237 |
| Independence Park | $1,231 |
| Lake Highlands | $1,230 |
| Buckner Terrace | $1,224 |
| Kessler Heights | $1,219 |
| Five Mile Creek | $1,208 |
| Twin Creek Estates | $1,206 |
| Munger Place | $1,205 |
| Pleasant Grove | $1,198 |
| Eastwood | $1,197 |
| Fair Park | $1,192 |
| Claremont | $1,189 |
| Walnut Hill Estates | $1,162 |
| Chimney Hill | $1,155 |
| Carbondale | $1,152 |
| Piedmont | $1,148 |
| White Rock Village | $1,147 |
| Vinings at Central | $1,137 |
| Venue at Greenville | $1,117 |
| St Augustine Highlands | $1,117 |
| Preston Road Highlands | $1,112 |
| Hillview Terrace | $1,110 |
| Red Bird Center | $1,099 |
| Park Lane Place | $1,080 |
| Whispering Hills | $1,079 |
| Forestwood on the Creek | $1,062 |
| Braeburn Glen | $1,060 |
| The Thread | $1,060 |
| Cambridge | $1,055 |
| Oak Tree Colony | $1,049 |
| Wisdom Creek | $1,017 |
| Briarwood Estates | $1,016 |
| Beacon Hill | $954 |
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Dallas | Rent Comparison by Neighborhood
Rent in Lake Highlands is 32% lower than in Addison Circle
$1,230
Lake Highlands rent is the same as Dallas average
Average Rent
$1,230
$1,806
Addison Circle rent is 47% higher than Dallas average
Average Rent
$1,806
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.