Cheap Apartments for Rent in the Hyde Park Neighborhood of Austin, TX from $600 (86 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Austin.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
property at 4103 Speedway

4103 Speedway

AustinTX78751

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 3115 Helms St

3115 Helms St

AustinTX78705
property at 4704 Evans Ave

4704 Evans Ave

AustinTX78751
close
View Me
VIP Apartments
1 Bedroom Apartments

VIP Apartments

101 E 33rd StAustin, TX 78705
close
View Me
Pepper Tree II
Studio to 1 Bedroom Apartments

Pepper Tree II

408 37th St WAustin, TX 78705

Hyde Park - One of the Best Affordable Neighborhoods in Austin

Named as one of the Best Affordable Neighborhoods to rent in Austin, TX by our Austin, TX Local Expert Raul Mercado. See how it ranks!

Read Article
Showing Results 1-50, Page 1 of 2

Hyde Park, Austin, TX Local Guide

Cheapest Available Hyde Park Apartments for Rent

 

The cheapest available apartment rental in the Hyde Park area of Austin, TX is a Studio unit found at Hyde Park Place priced from $795. 45 Flats has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Hyde Park apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Hyde Park PlaceStudioStudio,1BA$795
45 FlatsS1- Income RestrictedStudio,1BA$845
City View at MuellerS1Studio,1BA$850
The Abali ApartmentsA1Studio,1BA$900
Tanglewood North ApartmentsEfficiencyStudio,1BA$950
Hyde Park I & IILg STUDIOStudio,1BA$995
Duval CourtStudioStudio,1BA$999
108 Place ApartmentsStudioStudio,1BA$999
Oasis at the SpeedwayEasy Tiger1BR,1BA$1,025
Spanish TrailsA21BR,1BA$1,099

Best Value Apartments for Rent in Hyde Park, TX

As of June 19, 2025 the best value apartment in the Hyde Park area is the $1.57 price per square foot Two Bedroom, Two Bath Model at Avana Apartments in the in the East Austin neighborhood starting from $2,199. The second greatest value Hyde Park apartment is the B2 Model at Duval Villa starting at $1,695 with a $1.70 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for Hyde Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avana ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.57
Duval VillaB22BR,2BA$1.70
Stone Hill Apartments2-Bedroom2BR,2BA$1.77
North 40Building A - 2 Bed 1 Bath2BR,1BA$1.53
Travis FlatsA1.E5-60%1BR,1BA$2.05
Cedar 31Cosmos1BR,1BA$1.92
Andrews PlaceOne Bedroom1BR,1BA$1.92
The Abali ApartmentsA1Studio ,1BA$1.63
Oasis at the SpeedwayEasy Tiger1BR,1BA$2.05
Hyde Park PlaceStudioStudio ,1BA$1.92

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Lifestyle Ratings

This website works hard to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Texas, including Austin. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Hyde Park Neighborhood in Austin, TX

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

56 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Hyde Park Apartments

What is a cheap apartment in Hyde Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hyde Park is under $1,099.

What is the price of a cheap apartment in Hyde Park?

The cheapest apartment in Hyde Park is Tanglewood North Apartments which is listed at $1,000, while the average apartment in Hyde Park costs $14,000.

What types of apartments are the cheapest in Hyde Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 22 regular apartments in Hyde Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Hyde Park?

Cheap apartments in Hyde Park have an average cost of $124 which is $13,876 cheaper than the average rent for all rentals in Hyde Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.