In Highland Park, a typical home is worth $1,989,900 and typical rent is $1,940 a month. Compared with all of Dallas County, the typical home value is 557% higher, typical household income is 227% higher, and the share of households that own their home is 39 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $1,834,793 to $3,034,876.
Typical rent
$4,300a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Highland Park is in Dallas County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Dallas County. See the county
What this place has that others do not, from public data, most unusual first.
1
Highland Park has the highest typical household income of the 424 cities in Texas with more than 5,000 people: $250,001.
2
Highland Park has the highest typical home value of the 422 cities in Texas with more than 5,000 people: $1,989,900.
3
89% of households in Highland Park own their home, against 51% in Dallas County.
4
Nearby, in Irving, the typical home value is $315,600: 84% less than in Highland Park ($1,989,900).
5
According to Zillow, in the 12 months to September 2026 the typical home value in Highland Park rose 7.5%; in Texas, it fell 1.4%.
6
Nearby, in Dallas, the typical rent is $1,472: 24% less than in Highland Park ($1,940).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Highland Park
What homes there are in Highland Park, 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 Park
Dallas County
Texas
United States
Kind of home: Highland Park and its comparisons
Measure
Highland Park
Dallas County
Texas
United States
Detached house
81%
52%
64%
61%
Attached house
Unreliable estimate
4%
3%
6%
Building of 2 to 4
Unreliable estimate
6%
5%
8%
Apartments (5 or more)
12%
37%
21%
19%
Mobile home
Unreliable estimate
2%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Highland Park: 81% of homes, more than in Dallas County (52%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Highland Park
Dallas County
Texas
United States
Year built: Highland Park and its comparisons
Measure
Highland Park
Dallas County
Texas
United States
Before 1960
42%
17%
12%
26%
1960–1979
10%
28%
21%
24%
1980–1999
25%
28%
28%
25%
2000–2009
9%
13%
18%
14%
2010 or later
14%
14%
21%
11%
In Highland Park, 79% of homes have 3 bedrooms or more, more than in Dallas County (51%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or more82%
Value of owner-occupied homes: Highland Park and its comparisons
Measure
Highland Park
Under $100K
Unreliable estimate
$100K–$200K
Unreliable
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
82%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Highland Park and its comparisons
Measure
Highland Park
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
Owners with a mortgage
52%
Dallas County: 57%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Highland Park+32%
Dallas County+73%
Texas+65%
United States+53%
Typical rent
Highland ParkNo clear change
Dallas County+42%
Texas+34%
United States+33%
Change since 2015–2019: Highland Park and its comparisons
Measure
Highland Park
Dallas County
Texas
United States
Typical home value
+32%
+73%
+65%
+53%
Typical rent
No clear change
+42%
+34%
+33%
Typical household income
No data
+28%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Highland Park rose 32%; in Dallas County, it rose 73%.
Rent in Highland Park moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Highland Park and its comparisons
Measure
Highland Park
Dallas County
Texas
United States
Rental vacancy
Unreliable estimate
9.1%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.1%
0.9%
More than one person per room
Unreliable estimate
6.2%
4.8%
3.4%
People per household
2.68
2.63
2.69
2.53
Drive alone
69%
68%
71%
69%
Carpool
Unreliable estimate
12%
10%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
26%
16%
14%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Dallas County, a household in Highland Park has 2.68 people on average.
Working from home is more common in Highland Park: 26%, against 16% in Dallas County.
Do the math
What would you pay each month for a home in Highland Park?
A typical home costs more than the typical income allows
We start with a typical home in Highland Park, worth $1,989,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 77% of the typical household income in Highland Park, which is $250,001 a year. For that payment to be 28% of income, a household would need to earn about $689,765 a year. Note: at that price the loan is above the FHA limit for Dallas County ($563,500), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Dallas 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 Park. 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 $69,647 (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
$16,095
at 7.18% · 30 years
Loan amount
$1,953,857
Total interest
$2,811,142
Paid off in
November 2056
Includes $33,604 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $5,833 a month
Tight
$5,833 to $7,500 a month
Hard
more than $7,500 a month
Your payment · 77%
Compared with the typical household income in Highland Park ($250,001 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$13,236
Property tax
$829
Home insurance
$829
FHA mortgage insurance (MIP)
$1,200
This loan is over the FHA limit
You'd borrow $1,920,253, but the FHA limit for a one-unit home in Highland Park is $563,500. You'd need a bigger down payment or a different loan.
You need at least $69,647 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 $16,095; principal and interest $13,236.
The city and its county
Highland Park and Dallas County
Highland Park is in Dallas County, Texas. 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 Park
Map of Dallas County, Texas, with Highland Park marked. Around it, the neighboring counties.
Highland Park
Dallas County
Other cities with a page
Highland Park's own numbers
Typical home value
$1,989,900
Typical monthly rent
$1,940
Typical yearly household income
$250,001
Households that own their home
89%
Effective property tax rate
0.5%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Dallas County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,807
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
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 Dallas County.
A typical home in Highland Park is worth $1,989,900: 557% above the county and 601% above Texas. With the typical household income in Highland Park ($250,001 a year), a typical home costs 8.0 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.
Highland Park8.0 years
Dallas4.0 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Dallas County
According to FHFA’s house price index, home prices in Dallas County rose 98% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Dallas County.
Yearly change in FHFA’s price index in Dallas County, 2016 to 2025
2016: +9.8% +9.8% 2016
2017: +9.5% +9.5% 2017
2018: +6.7% +6.7% 2018
2019: +4.1% +4.1% 2019
2020: +2.1% +2.1% 2020
2021: +12.1% +12.1% 2021
2022: +19.8% +19.8% 2022
2023: +5.0% +5.0% 2023
2024: +3.0% +3.0% 2024
2025: −0.1% −0.1% 2025
Change in FHFA’s price index in Dallas County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
−0.1%
+0.8%
+2.9%
5 years (2020–2025)
+45%
+44%
+47%
10 years (2015–2025)
+98%
+88%
+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 Park next to Dallas County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Highland Park$1,989,900
Dallas$303,000
Texas$283,800
United States$332,700
Typical monthly rent
Highland Park$1,940
Dallas$1,565
Texas$1,403
United States$1,413
Typical yearly household income
Highland Park$250,001
Dallas$76,547
Texas$78,476
United States$80,734
See the full table
Highland Park next to Dallas County and Texas
Measure
Highland Park
Dallas County
Texas
U.S.
Typical home value
$1,989,900 ▲557% above the county
$303,000
$283,800
$332,700
Typical monthly rent
$1,940 ▲24% above the county
$1,565
$1,403
$1,413
Typical yearly household income
$250,001 ▲227% above the county
$76,547
$78,476
$80,734
Households that own their home
89% ▲39 points above the county
51%
63%
65%
Typical yearly property tax
$10,001 ▲108% above the county
$4,798
$4,232
$3,119
Effective property tax rate
0.5% ▼1.08 points below the county
1.58%
1.49%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Dallas 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 Park
For a typical $1,989,900 home in Highland Park, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Highland Park's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$16,095a month
Above the FHA limit for Dallas County ($563,500)
Down payment
$69,647
Cash to close
$129,344
Rate
7.18%
Mortgage insurance
FHA MIP · $1,200
Conventional, 5% down$15,410a month
Above the conventional limit for Dallas County ($832,750): it would be a "jumbo" loan
Down payment
$99,495
Cash to close
$159,192
Rate
7.18%
Mortgage insurance
PMI · $945
Conventional, 20% down, no PMI$12,442a month
Above the conventional limit for Dallas County ($832,750): it would be a "jumbo" loan
Down payment
$397,980
Cash to close
$457,677
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$14,282a month
Down payment
$298,485
Cash to close
$358,182
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Highland Park
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Dallas County ($563,500)
$16,095
$69,647
$1,953,858
7.18%
FHA MIP · $1,200
$129,344
580
Conventional, 5% down Above the conventional limit for Dallas County ($832,750): it would be a "jumbo" loan
$15,410
$99,495
$1,890,405
7.18%
PMI · $945
$159,192
620*
Conventional, 20% down, no PMI Above the conventional limit for Dallas County ($832,750): it would be a "jumbo" loan
$12,442
$397,980
$1,591,920
7.18%
None
$457,677
620*
ITIN, 15% down (example)
$14,282
$298,485
$1,691,415
8.18%
None
$358,182
Set by the lender
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 Park is $1,940 a month: 24% above the county.
HUD publishes a fair market rent for all of Dallas County, by unit size. To pay the 2-bedroom one ($1,807 a month) without spending more than 30% of your income, you would need to earn $34.75 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Dallas County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,491
$28.67
$59,640
1 bedroom
$1,536
$29.54
$61,440
2 bedrooms
$1,807
$34.75
$72,280
3 bedrooms
$2,275
$43.75
$91,000
4 bedrooms
$2,892
$55.62
$115,680
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Highland Park
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Highland Park is in ZIP code 75205.
For 2 bedrooms it is $2,710: $903 more than the fair market rent for Dallas County ($1,807).
Fair market rent by ZIP code and size in Highland Park, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
75205
$2,240
$2,300
$2,710
$3,410
$4,340
ZIP code2 bd3 bd
75205 $2,710$3,410
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Highland Park when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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 9 HUD-approved agencies with an office in Dallas County; 6 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Highland Park or Dallas County. The ones below are statewide in Texas: they work in Highland Park the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
The HUD-approved agencies closest to the center of Highland Park, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Highland Park or Dallas 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 Park and all of Dallas 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 Park?
The typical home value in Highland Park is $1,989,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Dallas County it is $303,000.
How much does it cost to rent in Highland Park?
Typical rent in Highland Park is $1,940 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Dallas County is $1,807.
What is the FHA loan limit in Highland Park?
Highland Park uses the FHA limit for all of Dallas County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.
How much property tax do owners pay in Highland Park?
The typical homeowner in Highland Park pays $10,001 a year, according to the U.S. Census Bureau. That is 0.5% of the home’s value; in Dallas County, the rate is 1.58%.
Where can I find free help to buy or rent in Highland Park?
There are 9 HUD-approved counseling agencies with an office in Dallas County. 6 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
