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Average Rent in Lake Highlands & Rent Trends

Rent prices and market trends across 35 apartment communities in Lake Highlands, Dallas, TX. Updated daily.

Market Average

$1,064/mo

Lowest Available

$714/mo

cheapest unit on market

Communities

35

tracked daily

Units Listed

977

available now

Rent Watch: cuts and increases

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0 cuts and 4 increases among 254 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Lake Highlands vs Dallas, TX Average

Lake Highlands is cheaper than the Dallas, TX average by $461/mo (30%). The citywide average is $1,525/mo across all neighborhoods.

Is Rent Going Up or Down in Lake Highlands?

As of October 2026, the average rent in Lake Highlands is $1,064 per month across 35 apartment communities and 977 available units.

The most affordable option is The Marion Apartments starting at $714/mo. By unit type, a studio averages $963/mo, a 1-bedroom averages $940/mo, a 2-bedroom averages $1,268/mo, a 3-bedroom averages $1,720/mo.

Prices range from $714 to $2,349 per month. The most common price point is the $800 range, where 450 units are currently listed.

Lake Highlands Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $1,243 - 10
June 2026 $1,297 +$54 10
July 2026 $1,297 $0 10
August 2026 $1,277 -$20 11
September 2026 $1,274 -$3 20
October 2026 $1,176 -$98 34

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lake Highlands

Studio
$963
from $831 · 7 units
1 Bed
$940
from $714 · 615 units
2 Bed
$1,268
from $881 · 345 units
3 Bed
$1,720
from $1,419 · 10 units

Rent Prices by Apartment in Lake Highlands

Property Starting at Average Units Rating
The Marion Apartments $714/mo $1,005/mo 51 3.9
Summerwood Cove $725/mo $940/mo 61 2.9
Aulden at the Highlands $772/mo $898/mo 15 2.8
Tides at Royal Lane North $781/mo $1,115/mo 32 2.9
Prime at Lake Highlands Apartments $786/mo $929/mo 21 4.2
Tides at Royal Lane South $788/mo $1,028/mo 29 4.3
The Everly Apartments $792/mo $982/mo 237 3

Frequently Asked Questions About Rent in Lake Highlands

What is the average rent in Lake Highlands?

The average rent in Lake Highlands is $1,064 per month as of October 2026, based on 977 units across 35 apartment communities.

Is rent going up or down in Lake Highlands?

The current average rent in Lake Highlands is $1,064/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Lake Highlands?

The most affordable apartment in Lake Highlands is The Marion Apartments with units starting at $714/mo.

How much is a 1-bedroom apartment in Lake Highlands?

A 1-bedroom apartment in Lake Highlands averages $940/mo, with prices starting at $714/mo across 615 available units.

How many apartments are available in Lake Highlands?

There are 977 units available across 35 apartment communities in Lake Highlands.

What salary do I need to live comfortably in Lake Highlands?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$43,000/year

Based on the 30 percent rule, using our tracked average rent of $1,064/mo.

Comfortable income

$51,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($714/mo), you need to earn at least $29,000/year.

Median household income in Lake Highlands is $67,760 , about 33% above the comfortable-living threshold.

Cost of living in Lake Highlands

Overall prices in Lake Highlands runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lake Highlands's regional price parities.

Category Monthly estimate
Rent (market average) $1,064
Utilities $507
Groceries $560
Transportation $1,208
Healthcare $589
Other goods and services $943
Estimated total $4,870/mo

Population

1,299,553

Median household income

$67,760

Census median rent

$1,403/mo

Census rent burden

30.3%

Median age

33.4

Mean commute

26 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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