salaryRent is higher than in 87% of U.S. cities. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (91.9%) are owned, so rentals can be hard to find. It is a highly educated city: 58.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $102,240 a year. That is $49 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 398 of 426 cities from cheapest to most expensive.
How much do households earn in Highland Village?
Share of households by yearly income. 62.8% of households earn $100,000 or more.
Rent by apartment size in Highland Village
| Size | Highland Village | U.S. average |
|---|---|---|
| 1 bedroom | $3,500+ | $1,324 |
| 3 bedrooms | $2,788 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Highland Village overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Highland Village, so the Texas figure is shown.
Taxes and bills in Highland Village
Life in Highland Village
Is it cheaper to rent or buy in Highland Village?
Renting is cheaper right now: about $1,260 a month less.
Owning assumes a typical $550,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $55,000 for the down payment.
Frequently asked questions
What is the average rent in Highland Village, TX?
Renting in Highland Village costs a median of about $2,556 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Highland Village?
To keep rent under 30% of income, you need about $102,240 a year, or $49 an hour at a full-time job.
Is Highland Village cheap or expensive?
Highland Village is rated Cheap: rent takes 17.8% of the typical household income of $172,374. It ranks 398th cheapest of 426 Texas cities we track.
How much are property taxes in Highland Village?
The median homeowner in Highland Village pays $8,390 a year in property taxes, about 1.53% of the median home value.
Is Highland Village more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Highland Village?
The median home value in Highland Village is $550,000, about 3.2 times the typical yearly household income.
16,101 people live in Highland Village. Numbers are typical (middle) values.