How much rent can you afford in Highland Village, TX?
Run your salary against Highland Village's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Highland Village
At a median rent of $2,534/mo, Highland Village is very affordable when measured against Highland Village median household income of $159,828/yr. Rent would consume roughly 19% of pre-tax income, and a salary of about $101,360 keeps rent at the recommended 30% threshold.
How Highland Village compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Highland Village?
On a $159,828 salary (the Highland Village median household income), the recommended ceiling is 30% of pre-tax income, or about $3,996/mo. Highland Village's median rent is $2,534/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Highland Village?
To keep Highland Village's $2,534/mo median rent under 30% of income, you'd need about $101,360/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Highland Village affordable on the median Texas income?
Highland Village is very affordable on a $159,828 income. Rent would take 19% of pre-tax pay, inside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".