At $2,396/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,396 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($159,828) is $3,996 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,560).
From Zillow's monthly rent index (ZORI) for Highland Village. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Highland Village, TX has changed in 5 years
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.
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Can you afford rent in Highland Village on your salary?
At $2,396/mo, how Highland Village rent compares to typical pay (30% rule).
Highland Village rent by bedroom count
Median rent for each apartment size in Highland Village. Click any size for full breakdown.
Tips for renters in Highland Village
Last updated: September 25, 2026
The median rent in Highland Village is $2,396/mo as of September 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 18% 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.
Frequently asked questions
How much income do you need to rent in Highland Village?
Is rent going up or down in Highland Village?
How does Highland Village rent compare to other cities in Texas?
Which nearby cities are cheaper to rent in than Highland Village?
At $2,396/mo, rent takes ~18% of Highland Village's median household income ($159,828/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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