In Highland, a typical home is worth $233,300 and typical rent is $1,230 a month. Compared with all of Lake County, typical household income is 9% higher, typical rent is 9% higher, and the share of households that own their home is 7 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $218,497 to $266,948.
Typical rent
$1,588a month
▲ 7.6% more than 12 months ago
Typical rent from Zillow, March 2024 to September 2026: from $1,436 to $1,588.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Highland is in Lake County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lake County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Ross, the typical home value is $119,100: 49% less than in Highland ($233,300).
2
78% of households in Highland own their home, against 72% in Lake County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Highland
What homes there are in Highland, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Highland
Lake County
Indiana
United States
Kind of home: Highland and its comparisons
Measure
Highland
Lake County
Indiana
United States
Detached house
70%
71%
73%
61%
Attached house
6%
8%
4%
6%
Building of 2 to 4
3%
7%
6%
8%
Apartments (5 or more)
20%
13%
13%
19%
Mobile home
Unreliable estimate
2%
4%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
As in Lake County, most homes in Highland are detached houses (70%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Highland
Lake County
Indiana
United States
Year built: Highland and its comparisons
Measure
Highland
Lake County
Indiana
United States
Before 1960
35%
39%
31%
26%
1960–1979
38%
27%
24%
24%
1980–1999
15%
16%
23%
25%
2000–2009
10%
11%
12%
14%
2010 or later
2%
7%
10%
11%
In Highland, half of the homes were built before 1967; in Lake County, before 1968.
By size, homes in Highland look like those in Lake County: 62% have 3 bedrooms or more.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K4%
$100K–$200K26%
$200K–$300K52%
$300K–$500K17%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Highland and its comparisons
Measure
Highland
Under $100K
4%
$100K–$200K
26%
$200K–$300K
52%
$300K–$500K
17%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 99% of owner-occupied homes in Highland sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99927%
$1,000–$1,49943%
$1,500–$1,99920%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Highland and its comparisons
Measure
Highland
Under $500
Unreliable estimate
$500–$999
27%
$1,000–$1,499
43%
$1,500–$1,999
20%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,413 a month
Lake County: $1,529 a month
Without a mortgage
$562 a month
Lake County: $569 a month
Owners with a mortgage
64%
Lake County: 63%
In Highland, 64% of owners have a mortgage, and their typical cost is $1,413 a month, against $1,529 in Lake County. Without one it drops to $562.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Highland+45%
Lake County+54%
Indiana+54%
United States+53%
Typical rent
Highland+11%
Lake County+28%
Indiana+29%
United States+33%
Typical household income
Highland+16%
Lake County+27%
Indiana+28%
United States+29%
Change since 2015–2019: Highland and its comparisons
Measure
Highland
Lake County
Indiana
United States
Typical home value
+45%
+54%
+54%
+53%
Typical rent
+11%
+28%
+29%
+33%
Typical household income
+16%
+27%
+28%
+29%
Homes in Highland gained value more slowly than in Lake County: 45% since 2015–2019, against 54%.
Since 2015–2019, the typical rent in Highland rose 11%, less than in Lake County (28%).
To compare: typical income in Highland rose 16%; the home, +45%; the rent, +11%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Highland and its comparisons
Measure
Highland
Lake County
Indiana
United States
Rental vacancy
Unreliable estimate
5.1%
5.6%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
0.8%
0.9%
More than one person per room
Unreliable estimate
2.3%
1.8%
3.4%
People per household
2.27
2.54
2.46
2.53
Drive alone
82%
80%
76%
69%
Carpool
4%
8%
9%
9%
Public transit
3%
1%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
9%
8%
11%
15%
Other means
2%
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Highland has 2.27 people, fewer than in Lake County (2.54).
To get to work, 82% of workers in Highland drive alone; in Lake County, 80%.
Do the math
What would you pay each month for a home in Highland?
A typical home is tight for the typical income
We start with a typical home in Highland, worth $233,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Highland, which is $78,062 a year. For that payment to be 28% of income, a household would need to earn about $82,428 a year.
The calculator's FHA and conventional loan limits are those of all of Lake County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Highland. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $8,166 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,923
at 7.18% · 30 years
Loan amount
$229,074
Total interest
$329,584
Paid off in
November 2056
Includes $3,940 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,821 a month
Tight
$1,821 to $2,342 a month
Your payment · 30%
Hard
more than $2,342 a month
Compared with the typical household income in Highland ($78,062 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,552
Property tax
$171
Home insurance
$97
FHA mortgage insurance (MIP)
$103
You need at least $8,166 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,923; principal and interest $1,552.
The city and its county
Highland and Lake County
Highland is in Lake County, Indiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Highland
Map of Lake County, Indiana, with Highland marked. Around it, the neighboring counties.
Highland
Lake County
Other cities with a page
Highland's own numbers
Typical home value
$233,300
Typical monthly rent
$1,230
Typical yearly household income
$78,062
Households that own their home
78%
Effective property tax rate
0.88%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lake County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,429
Price change over 5 years (FHFA)
+48%
Homes in a high flood-risk zone
1.1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lake County.
A typical home in Highland is worth $233,300: about the same as the county and 7% above Indiana. With the typical household income in Highland ($78,062 a year), a typical home costs 3.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Highland3.0 years
Lake3.2 years
Indiana3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lake County
According to FHFA’s house price index, home prices in Lake County rose 82% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lake County.
Yearly change in FHFA’s price index in Lake County, 2016 to 2025
2016: +2.6% +2.6% 2016
2017: +4.0% +4.0% 2017
2018: +5.9% +5.9% 2018
2019: +5.5% +5.5% 2019
2020: +3.7% +3.7% 2020
2021: +12.0% +12.0% 2021
2022: +14.3% +14.3% 2022
2023: +6.9% +6.9% 2023
2024: +4.7% +4.7% 2024
2025: +3.2% +3.2% 2025
Change in FHFA’s price index in Lake County, Indiana and the United States
Period
County
Indiana
U.S.
Last year (2025)
+3.2%
+4.3%
+2.9%
5 years (2020–2025)
+48%
+53%
+47%
10 years (2015–2025)
+82%
+95%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Highland next to Lake County, Indiana and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Highland$233,300
Lake$230,600
Indiana$218,200
United States$332,700
Typical monthly rent
Highland$1,230
Lake$1,131
Indiana$1,062
United States$1,413
Typical yearly household income
Highland$78,062
Lake$71,493
Indiana$71,957
United States$80,734
See the full table
Highland next to Lake County and Indiana
Measure
Highland
Lake County
Indiana
U.S.
Typical home value
$233,300
$230,600
$218,200
$332,700
Typical monthly rent
$1,230 ▲9% above the county
$1,131
$1,062
$1,413
Typical yearly household income
$78,062 ▲9% above the county
$71,493
$71,957
$80,734
Households that own their home
78% ▲7 points above the county
72%
71%
65%
Typical yearly property tax
$2,047 ▼3% below the county
$2,112
$1,614
$3,119
Effective property tax rate
0.88% ▼0.04 points below the county
0.92%
0.74%
0.94%
Renters with high rent for their income
49% ▼3 points below the county
52%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lake County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Highland
For a typical $233,300 home in Highland, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Highland's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,923a month
Least cash to close
Down payment
$8,166
Cash to close
$15,165
Rate
7.18%
Mortgage insurance
FHA MIP · $103
Conventional, 5% down$1,881a month
Down payment
$11,665
Cash to close
$18,664
Rate
7.18%
Mortgage insurance
PMI · $111
Conventional, 20% down, no PMI$1,533a month
Down payment
$46,660
Cash to close
$53,659
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,748a month
Down payment
$34,995
Cash to close
$41,994
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Highland
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,923
$8,166
$229,074
7.18%
FHA MIP · $103
$15,165
580
Conventional, 5% down
$1,881
$11,665
$221,635
7.18%
PMI · $111
$18,664
620*
Conventional, 20% down, no PMI
$1,533
$46,660
$186,640
7.18%
None
$53,659
620*
ITIN, 15% down (example)
$1,748
$34,995
$198,305
8.18%
None
$41,994
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Highland is $1,230 a month: 9% above the county. In Highland, 49% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lake County, by unit size. To pay the 2-bedroom one ($1,429 a month) without spending more than 30% of your income, you would need to earn $27.48 an hour working full time.
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 3 HUD-approved agencies with an office in Lake County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Highland or Lake County. The ones below are statewide in Indiana: they work in Highland the same as in the rest of the state.
Indiana state agency program with down payment assistance of 2.5% or 3.5% of the price, alongside a 30-year FHA or conventional mortgage.Offered by Indiana Housing and Community Development Authority (IHCDA).
Indiana state agency 30-year FHA or conventional mortgage for first-time buyers (or homes in designated areas), with down payment assistance as a second mortgage with no interest or payments, repaid when the first mortgage ends.Offered by Indiana Housing and Community Development Authority (IHCDA).
No legal help resource on our list is for Highland or Lake County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Highland and all of Lake County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Highland?
The typical home value in Highland is $233,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lake County it is $230,600.
How much does it cost to rent in Highland?
Typical rent in Highland is $1,230 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lake County is $1,429.
What is the FHA loan limit in Highland?
Highland uses the FHA limit for all of Lake County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Highland?
The typical homeowner in Highland pays $2,047 a year, according to the U.S. Census Bureau. That is 0.88% of the home’s value; in Lake County, the rate is 0.92%.
Where can I find free help to buy or rent in Highland?
There are 3 HUD-approved counseling agencies with an office in Lake County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
