Average Rent in Highland Park (1BR, 2BR, 3BR)
Highland Park, located in Los Angeles County, is one of the most desirable neighborhoods for renters. But is it affordable? The average monthly rent in Highland Park gives a good snapshot:
- One-bedroom apartment: around $2,174/month, slightly higher than the national average rent price.
- Two-bedroom apartments: typically $2,540/month, depending on availability in Highland Park and amenities.
- Three-bedroom apartments: average $3,230/month, offering more space than many other LA communities.
Some reports (such as Apartments.com) list rent ranges as low as $1,600 for smaller units, showing that older buildings or limited availability in Highland Park can shift pricing downward. Overall, rental market trends show steady increases over the last few years.
Cost of Living vs. Nearby Neighborhoods
When looking at rent prices across LA, Highland Park sits between affordable suburban areas and upscale urban neighborhoods.
- Eagle Rock – A quieter option with 1BR units averaging $1,845. Many apartments here have fewer amenities but lower utilities.
- Silver Lake – One of the most expensive areas, with 1BR rent often ranging from $2,180–$2,395. Dining, entertainment, and home prices are also higher.
- San Fernando Valley – Offers cheaper units, with many 1BRs under $1,900. However, longer commutes to central LA affect value.
Comparing these rental market trends, Highland Park provides a middle ground: more expensive than the Valley, but more affordable than trendy Silver Lake, especially for larger units.
Why Renters Still Choose Highland Park
Even with slightly higher costs, renters continue to choose Highland Park for good reason:
- Living in Highland Park means access to cafés, restaurants, and cultural events, often within walking distance.
- Apartments for rent in Highland Park tend to balance modern amenities with community charm. Many new buildings include upgraded utilities and pet-friendly features.
- Lease terms are flexible, with both short- and long-term options available.
- Compared to Silver Lake, Highland Park offers more spacious floor plans and better value for the price.
Renters also value that Highland Park remains connected to LA’s creative energy while still offering a welcoming neighbourhood feel.
Explore Modern 3-Bedroom Apartments at Given Highland Park
Looking for a blend of style and space? Given Highland Park offers modern 3-bedroom apartments with modern amenities designed for today’s renters. Browse our floor plans, explore what it’s like to live at Given Highland Park, or contact us today to schedule a tour.
FAQs — Highland Park Costs Uncovered
Yes. While the national average for a one-bedroom apartment is lower, the monthly rent in Highland Park trends closer to $2,174, slightly above citywide averages.
Most experts suggest a 30% rent-to-income rule. To afford a one-bedroom at $2,174, renters need an annual monthly income of about $65,000.
Home prices in Highland Park are significantly higher, often exceeding $900,000. For many tenants, renting provides more flexibility than buying.
Recent rental market trends show steady increases over the last 3 years, but options remain competitive compared to Silver Lake. Prices and availability in Highland Park can shift monthly.
Are there affordable apartments for rent in Highland Park?
Yes. While newer buildings can be high-end, older units often list under $1,700. Always check for updated daily availability in Highland Park through platforms like RentCafe or CoStar.
Sources
- Zumper – Highland Park Rent Data
- RentCafe – Highland Park Market Trends
- LA Almanac – Housing Costs
- Apartments.com – Highland Park Listings
- ApartmentAdvisor – Eagle Rock Rent Guide
