RentDataNowRentDataNow
City Report · TX

Highland Village

Pop. 16,101·6th most expensive in Texas·One of the pricier rental markets in the US
Median rent (all units)
$2,534/mo
Year-over-Year
Stable
Month-over-Month
+1.4%
vs US Median
+$569
Rising (Monthly)
Be the first to discuss Highland Village rents ↓
Most AffordableMost Expensive
Highland Village · $2,534
More expensive than 81% of US cities · National median $1,965/mo
Affordability
19% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,534/mo, rent takes about 19% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$101,000/yr
Local median income
$159,828/yr
Based on the 30%-of-income rule using Highland Village's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,800
1 BR
$1,880
2 BR
$2,210
3 BR
$2,770
4 BR+
$3,560
Research median
$2,210/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$30,408/yr
At $2,534/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.4% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Highland Village, TX is majority owner-occupied, has a median income above the national average, 58.6% of residents hold a bachelor's degree or higher.

Population
16,101
Median income
$159,828
Median age
43.8
Renters
8.1%
Age distribution
25%
32.1%
14.8%
16.8%
Under 1825%
18–3411.3%
35–5432.1%
55–6414.8%
65+16.8%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
80.7%
White80.7%
Black4.6%
Hispanic10.8%
Asian4.1%
Education (25+)
29.2%
58.6%
No HS diploma2.3%
HS diploma9.8%
Some college29.2%
Bachelor's+58.6%
Housing tenure
91.9%
Owner91.9%
Renter8.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Highland Village, TX has changed in 5 years

Income
$151,951 → $159,828
up 5.2%
Population
15,769 → 16,101
up 2.1%
Renter share
8.6% → 8.1%
-0.5 pts
Bachelor's+
57.4% → 58.6%
+1.2 pts

On the earnings side, the typical household in Highland Village, TX now reports about $159,828, up from $151,951 in 2021. Census counts show Highland Village, TX adding about 332 residents over the five-year window, up 2.1% on net.

Community

Discussions about Highland Village

No discussions yet. Start the conversation.

View Highland Village rent history (2015–2026) →
Salary vs rent

Can you afford rent in Highland Village on your salary?

At $2,534/mo, how Highland Village rent compares to typical pay (30% rule).

By apartment size

Highland Village rent by bedroom count

Median rent for each apartment size in Highland Village. Click any size for full breakdown.

Local insights

Tips for renters in Highland Village

About renting in Highland Village, TX

Last updated: July 20, 2026

The median rent in Highland Village is $2,534/mo as of July 2026. A studio apartment averages $1,800/mo while a 2-bedroom runs $2,210/mo. One-bedroom apartments average $1,880/mo and 3-bedroom units go for $2,770/mo.

At 19% of local median household income ($159,828/yr), Highland Village ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Highland Village an affordable city for renters?

Highland Village is considered very affordable for renters. At $2,534/mo, rent takes approximately 19% of the local median household income ($159,828/yr). The standard benchmark is 30%. Highland Village falls comfortably within that range.

How much income do you need to rent in Highland Village?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,534/mo in Highland Village. The local median household income is $159,828/yr, meaning the typical Highland Village household meets that threshold.

Is rent going up or down in Highland Village?

Rent in Highland Village has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Highland Village rent compare to other cities in Texas?

Highland Village is one of the pricier cities in Texas for rent, ranking #6 out of 269 tracked cities at $2,534/mo.

Which nearby cities are cheaper to rent in than Highland Village?

Several nearby cities have lower median rents than Highland Village ($2,534/mo): Lewisville ($1,593/mo), Corinth ($1,798/mo), Coppell ($2,034/mo).

What percentage of Highland Village residents rent vs. own?

According to Census data, approximately 8.1% of Highland Village households are renters, while 91.9% are owner-occupied. Highland Village leans toward homeownership, which can mean a smaller rental inventory.

How does Highland Village rent compare to the national average?

Highland Village's median rent of $2,534/mo is $569 (29%) above the US national median of $1,965/mo. Within Texas, it ranks #6 out of 269 tracked cities.
Income Affordability
19%
VERY AFFORDABLE

At $2,534/mo, rent takes ~19% of Highland Village's median household income ($159,828/yr). The standard benchmark is 30%.

Highland Village 19%Benchmark 30%
State income taxNone
Run the Highland Village affordability calculator →
Lowest-rent ZIP codes in Highland Village
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Highland Village, TX

Recent submissions

Be the first to submit your rent for Highland Village.

Recent discussions

No discussions yet.