ZIP Code · TX

ZIP 75205

Pop. 26,572·Dallas County·6th most expensive ZIP in Texas
Median rent (all units)
$2,906/mo
Year-over-Year
+7.2%
Month-over-Month
-0.8%
vs US Median
+$974
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 75205 · $2,906
More expensive than 89% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,360
1 BR
$2,460
2 BR
$2,880
3 BR
$3,630
4 BR+
$4,610
Research median
$2,880/mo

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

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 75205 usually run 1.5% below trend in January and 1.5% above it in August, about $87 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 75205 is 0.8% below its high of $2,928 in August 2026, at $2,906 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 75205 changed +7.2% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 75205 rose 37.9% while median household income rose 16% ($156,636 to $181,631). Rent outpaced income.

Since before the pandemic

Rent in ZIP 75205 is 51.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($181,631) is $4,541 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,630); a 4-bedroom is $4,610.

Cheaper nearby

ZIP 75206, 1 mile away, rents for 30% less ($2,046/mo), about $10,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 75205. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$34,872/yr
At $2,906/mo median
Location
StateTX
CountyDallas County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.2% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 75205 (Highland Park, TX) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 86.8% of residents hold a bachelor's degree or higher.

Population
26,572
Median income
$181,631
Median age
31
Renters
44.8%
Age distribution
20.9%
33.1%
23.9%
12.1%
Under 1820.9%
18–3433.1%
35–5423.9%
55–6410%
65+12.1%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
81.1%
White81.1%
Black1.7%
Hispanic9.8%
Asian6%
Other1.3%
Education (25+)
86.8%
No HS diploma1.1%
HS diploma2.9%
Some college9.2%
Bachelor's+86.8%
Housing tenure
55.2%
44.8%
Owner55.2%
Renter44.8%

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

2021 vs 2026

How ZIP 75205 in Highland Park, TX has changed in 5 years

Rent
$1,997 → $2,906
up 45.5%
Income
$164,409 → $181,631
up 10.5%
Population
24,804 → 26,572
up 7.1%
Renter share
40.8% → 44.8%
+4.0 pts
Bachelor's+
84.1% → 86.8%
+2.7 pts
Median age
33.9 → 31
-2.9 yrs

Since 2021, the typical rent in ZIP 75205 in Highland Park, TX has climbed from $1,997 to $2,906, a 45.5% change over five years. Household income in the area moved from $164,409 to $181,631 across the same window, up 10.5% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.1% since 2021, moving from about 24,804 residents to roughly 26,572. Renters now make up 44.8% of households, compared with 40.8% five years ago. College-educated residents now make up 86.8% of adults here, versus 84.1% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 75205 in Highland Park, TX look reasonable against where the market sat half a decade ago.

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About renting in ZIP 75205

Last updated: October 17, 2026

ZIP code 75205 covers Highland Park, TX. The median rent here is $2,906/mo as of October 2026. A 1-bedroom rents for a median of $2,460/mo. A 2-bedroom rents for a median of $2,880/mo.

At 19% of local median household income ($181,631/yr), ZIP 75205 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 75205?

To keep rent at or below 30% of gross income, you would need to earn at least $116,000/year (about $56/hour full-time) to afford the median rent of $2,906/mo in ZIP 75205. The local median household income is $181,631/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 75205?

Rent in ZIP 75205 has risen 7.2% over the past year as of September 2026. It sits 0.8% below its high of $2,928 in August 2026.

When is the cheapest time to rent in ZIP 75205?

Asking rents in ZIP 75205 are usually lowest in January, about 1.5% below their yearly trend, and highest in August, about 1.5% above it. At today's median that is a gap of roughly $87 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 75205?

Yes. From 2019 to 2024, rent in ZIP 75205 rose 37.9% while median household income rose 16%, from $156,636 to $181,631. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 75205 compare to other ZIPs in Texas?

ZIP 75205 is one of the pricier among Texas ZIP codes for rent, ranking #6 of 693 at $2,906/mo. Over the year to September 2026, rent in ZIP 75205 changed +7.2%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.
Income Affordability
19%
VERY AFFORDABLE

At $2,906/mo, rent takes ~19% of ZIP 75205's median household income ($181,631/yr). The standard benchmark is 30%.

ZIP 75205 19%Benchmark 30%
State income taxNone
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Schools nearby

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