Highland Park, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Highland Park, Texas rental market.
Highland Park, Texas
Average Apartment Rent
$1,593
Y-o-Y Change in Average
Apartment Rent
-0.3%
As of May 2026
Compared to a year ago, Highland Park, Texas apartments have recorded a -0.3% rent decrease.
Highland Park, Texas Average apartment rent trend
Highland Park, Texas Average Apartment Rent
Highland Park, Texas Apartment rent ranges
At 42.98%, apartments priced $1,000 - $1,500 represent the bulk of Highland Park, Texas rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.1%.
Highland Park, Texas Housing tenure**
Renters take up 13% of Highland Park, Texas real estate, occupying a total of 405 units, while homeowners live in 2,786 properties.
Median number of rooms of renter-occupied housing units**
4.9
Renter median household income**
$110,865
Average household size of renter-occupied housing units**
2.47
Rental vacancy rate**
9.8%
Highland Park, Texas Renter-occupied housing units by no. of bedrooms**
There are 136 rentals in Highland Park, Texas with 2 beds making up the highest share of the market, at 34%. Units with 4 beds, on the other hand, hold the lowest percentage (15%), amounting to 59 units. Overall, the median number of rooms in Highland Park, Texas homes for rent is 4.9.
Highland Park, Texas Renter-occupied units by age of householder**
Most condos for rent in Highland Park, Texas are occupied by residents in the 35 - 44 years age group (28%), followed by those in the 55 - 59 years age group (15%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 6%.
Highland Park, Texas Renter-occupied housing units by family type**
Highland Park, Texas Renter-occupied housing units by the presence of own children**
A total of 199 apartments for rent in Highland Park, Texas, or 49% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 147 units. All in all, the median size of a renter-occupied household in Highland Park, Texas is 2.47.
Highland Park, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 80% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Highland Park, Texas.
Highland Park, Texas Renter-occupied units by year structure built**
The highest share of Highland Park, Texas apartment rentals, namely 29% or 119 units, were Built 1950 - 1959, followed by those Built 1939 or earlier (20%, 80 units), and the ones Built 1980 - 1989 (13%, 53 units).
Highland Park, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Highland Park, Texas renters (41%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Highland Park, Texas condos for rent is 2018.
Highland Park, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Highland Park, Texas renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 5% have 3 or more vehicles available.
Highland Park, Texas Means of transportation to work of householders living in renter-occupied housing units**
Highland Park, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Highland Park, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
