Apartments for Rent in Highland Terrace, Richardson, TX

Highland Terrace, Richardson apartment availability

Highland Terrace offers a good selection of rental listings, with an average of 27 rentals available each month. The majority of rentals in this neighborhood are 3-bedroom apartments, followed by 2-bedroom apartments. Many of these apartments offer desirable amenities, including outdoor spaces, in-unit laundry, and dishwashers. In fact, over 60% of Highland Terrace apartments feature dishwashers, while more than half offer in-unit laundry and outdoor spaces. This neighborhood's diverse range of rentals and amenities make it a great option for renters looking for a comfortable and convenient place to call home.

Highland Terrace, Richardson rental market trends

Highland Terrace in Richardson is experiencing a unique trend in rent prices. In 2024, the average monthly rent across all property types decreased by 7.8% from the previous year to approximately $2,187. However, 1-bedrooms saw an 8.6% increase, averaging $1,183 per month. In contrast, 2-bedrooms experienced a 13.1% decrease, now renting for around $1,531, and 3-bedrooms saw a 3% decrease to $2,366.

The most expensive month to rent in Highland Terrace is October, with prices 16.7% higher than in May, the least expensive month. This significant fluctuation presents an opportunity for renters to find better deals during the off-season. Notably, studios are no longer available in the area, marking a 100% decrease from the previous year. Overall, Highland Terrace's rent market is characterized by varying trends across different bedroom types, making it essential for renters to carefully consider their options.

Why Highland Terrace, Richardson is a great place to live

Highland Terrace is a neighborhood that perfectly complements an active social lifestyle. Our analysis of local data reveals that the area's infrastructure, age distribution, and transportation options create an ideal setting for socializing and community engagement. With a strong walk score, residents can easily access local amenities, fostering a sense of connection and community. Furthermore, the neighborhood's safety record and frequent transit options provide peace of mind and convenience, making it easy to get out and about. For those who value social connections and community involvement, Highland Terrace is an excellent choice.