Last updated
Average Rent in Highwood & Rent Trends
Rent prices and market trends across 3 apartment communities in Highwood, Woodbury, MN. Updated daily.
Market Average
$1,533/mo
Lowest Available
$1,295/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
41
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Highwood vs Woodbury, MN Average
Highwood is cheaper than the Woodbury, MN average by $391/mo (20%). The citywide average is $1,924/mo across all neighborhoods.
Is Rent Going Up or Down in Highwood?
As of October 2026, the average rent in Highwood is $1,533 per month across 3 apartment communities and 41 available units.
The most affordable option is Flats on 94 starting at $1,295/mo. By unit type, a studio averages $1,346/mo, a 1-bedroom averages $1,418/mo, a 2-bedroom averages $1,709/mo, a 3-bedroom averages $2,068/mo.
Prices range from $1,295 to $2,420 per month. The most common price point is the $1,200 range, where 16 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Highwood
Rent Prices by Apartment in Highwood
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Flats on 94 | $1,295/mo | $1,543/mo | 11 | 4.6 |
| Villages on McKnight | $1,320/mo | $1,522/mo | 22 | 3.9 |
| Terra Pointe Apartments | $1,365/mo | $1,552/mo | 8 | 3.3 |
Frequently Asked Questions About Rent in Highwood
What is the average rent in Highwood?
Is rent going up or down in Highwood?
What is the cheapest apartment in Highwood?
How much is a 1-bedroom apartment in Highwood?
How many apartments are available in Highwood?
What salary do I need to live comfortably in Highwood?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$61,000/year
Based on the 30 percent rule, using our tracked average rent of $1,533/mo.
Comfortable income
$74,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,295/mo), you need to earn at least $52,000/year.
Median household income in Highwood is $126,222 , about 72% above the comfortable-living threshold.
Cost of living in Highwood
Overall prices in Highwood runs above the national average by about 4% (BEA Regional Price Parity index 104.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Highwood's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,533 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $5,137/mo |
Population
76,945
Median household income
$126,222
Census median rent
$1,827/mo
Census rent burden
27.0%
Median age
37.9
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Highwood Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Highwood Apartments
Browse all 3 communities with daily-updated pricing and availability.