What is the median rent in Highland Park, TX?
The median gross rent in Highland Park, TX is $1,940 (±$570) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 325 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Highland Park, the median gross rent went from $2,275 in 2015–2019 to $1,940 in 2020–2024 (−14.7%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $1,940 (±$570)
- Rented homes
- 325 (±105)
- $2,000 or more
- 47.7%
- Since 2015–2019
- −14.7%
How much rent costs in Highland Park
| Monthly gross rent | Highland Park | Dallas County | Texas | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±14.2 points) | 2.4% | 3.9% | 6.3% |
| $500 to $999 | 9.2% (±8.7 points) | 7.9% | 17.4% | 20.2% |
| $1,000 to $1,499 | 23.7% (±13.1 points) | 35.7% | 35.4% | 28.1% |
| $1,500 to $1,999 | 19.4% (±18.8 points) | 31.3% | 25.2% | 21.1% |
| $2,000 to $2,499 | 11.1% (±13.5 points) | 14.1% | 11.1% | 12.0% |
| $2,500 to $2,999 | 0.6% (±1.8 points) | 4.9% | 4.0% | 5.5% |
| $3,000 or more | 36.0% (±16.8 points) | 3.8% | 2.9% | 6.8% |
The most common range is $3,000 or more, paid by 36.0% of renting households.
47.7% of rented homes in Highland Park cost $2,000 or more a month.
Highland Park against Dallas County, its state and the nation
| Highland Park | Dallas County | Texas | United States | |
|---|---|---|---|---|
| Median gross rent | $1,940 (±$570) | $1,565 (±$11) | $1,403 (±$4) | $1,413 |
| Rented homes paying rent | 325 (±105) | 472,681 (±4,292) | 3,935,670 (±20,381) | 42,849,984 |
In Highland Park, median gross rent is not measurably different from Dallas County ($1,565).
It is not measurably different from Texas ($1,403).
It is not measurably different from the national figure ($1,413).
In Dallas County, Highland Park ranks 5 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 105 of 1,183.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Highland Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $2,275 (±$410) | $1,940 (±$570) | −14.7% | Down after inflation |
| Households that rent | 17.0% (±2.9 points) | 10.6% (±3.0 points) | −6.4 percentage points | Measurable decrease |
| Rental vacancy rate | 0.9% (±1.4 points) | 13.5% (±11.3 points) | +12.6 percentage points | Measurable increase |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Highland Park
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Highland Park | — | $1,940 (±$570) | — |
| University Park | 1.3 mi | $3,272 (±$424) | Higher |
| Dallas | 3.3 mi | $1,472 (±$9) | Not measurably different |
| Farmers Branch | 8.0 mi | $1,864 (±$41) | Not measurably different |
| Cockrell Hill | 8.2 mi | $1,112 (±$186) | Lower |
| Addison | 9.4 mi | $1,784 (±$45) | Not measurably different |
| Irving | 10.0 mi | $1,619 (±$24) | Not measurably different |
| Richardson | 11 mi | $1,857 (±$37) | Not measurably different |
| Garland | 11 mi | $1,641 (±$33) | Not measurably different |
Nearby places with a measurably lower figure: Cockrell Hill, TX ($1,112).
Nearby places with a measurably higher figure: University Park, TX ($3,272).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Dallas County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | University Park | $3,272 (±$424) |
| 2 | Coppell | $2,022 (±$105) |
| 3 | Cedar Hill | $1,993 (±$126) |
| 4 | Rowlett | $1,990 (±$128) |
| 5 | Highland Park | $1,940 (±$570) |
| 6 | Farmers Branch | $1,864 (±$41) |
| 7 | Richardson | $1,857 (±$37) |
| 8 | Sachse | $1,798 (±$103) |
| 9 | Addison | $1,784 (±$45) |
| 10 | Lancaster | $1,704 (±$102) |
| 11 | Glenn Heights | $1,675 (±$382) |
Showing 11 of 24 places in Dallas County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Highland Park
What is the average rent in Highland Park, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in Highland Park is $1,940 (±$570) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Highland Park?
In Highland Park, the median gross rent went from $2,275 in 2015–2019 to $1,940 in 2020–2024 (−14.7%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Highland Park cost more than $2,000 a month?
47.7% of rented homes in Highland Park have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Highland Park higher than in Dallas County?
In Highland Park, median gross rent is not measurably different from Dallas County ($1,565).
It is not measurably different from Texas ($1,403).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Highland Park town, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Highland Park town, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Highland Park town, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Highland Park town, Texas (place:33824, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Fair Market Rent in Highland Park
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