
Cheap Apartments for Rent in the Hyde Park Neighborhood of Austin, TX from $600 (115 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Austin.


Azulina Gardens

3113 Benelva Dr

4553 Guadalupe St

3816 Speedway

4712 Depew Ave

104 E 32nd St

1037 E 44th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Monticello Apartments Hyde Park

Travis Flats

Speedway 38

502 W 35th St

Oasis at the Speedway

The Parker at Hyde Park

Total Monthly Price
The Kingston

Hyde Park Court Apartments

Total Monthly Price
1230 E 38th 1/2 St, Unit SI FL1-ID280

Total Monthly Price
1230 E 38th 1/2 St, Unit SI FL2-ID306
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
1230 E 38th 1/2 St, Unit SI FL2-ID307

Cedar Street Flats

Total Monthly Price
1230 E 38th 1/2 St, Unit SI FL1-ID278

203 W 39th St, Unit 109

Plaza Sonora

3115 Helms St, Unit #106

3121 Speedway

Stonehouse Apartments

4401 Speedway, Unit 304

Total Monthly Price
Residences at The Triangle
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3413 Cedar Street, Unit C

3506 Speedway

106 E 30th

VIP Apartments

3506 Speedway

Pepper Tree II

4518 Speedway

Village of 47

The Preserve Hyde Park - Avenue A

The Preserve Hyde Park - Fiesta Place
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The Preserve Villa Del Rey

Tanglewood North Apartments

The Jacksonian

Urban Villas

45 Flats

The Preserve Hyde Park The Adler

Chimney Sweep Apartments

Duval Court Apartments

108 Place Apartments

Casa 39
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Hyde Park, Austin, TX Local Guide

How much does it cost to rent an apartment in Hyde Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hyde Park Studio Apartments | $1,201 | $799 | $1,845 |
| Hyde Park 1 Bedroom Apartments | $1,556 | $824 | $2,414 |
| Hyde Park 2 Bedroom Apartments | $2,060 | $895 | $3,842 |
| Hyde Park 3 Bedroom Apartments | $2,773 | $1,599 | $4,942 |
| Hyde Park 4 Bedroom Apartments | $3,200 | $1,900 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 115 rentals with your search options within a 2 mile radius of the Hyde Park Neighborhood of Austin, TX.
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Hyde Park, Austin, TX Local Guide
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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 305 Flats priced from $895. Casa 39 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Hyde Park apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 305 Flats | Studio - Classic | Studio,1BA | $895 |
| Casa 39 | 1 bedroom 1 bathroom | 1BR,1BA | $899 |
| Travis Flats | A1.E7-60% | 1BR,1BA | $999 |
| Speedway 38 | Lucy's | 1BR,1BA | $999 |
| Oasis at the Speedway | Easy Tiger | 1BR,1BA | $1,025 |
| North 40 | North 40 - 2 Bed 1 Bath | 2BR,1BA | $1,050 |
| Monticello Apartments Hyde Park | Model 1 | Studio,1BA | $1,095 |
| The Parker at Hyde Park | 1 Bed 1 Bath | 1BR,1BA | $1,095 |
| Melroy | Model 1 | 1BR,1BA | $1,095 |
| Miller Square & Spanish Trails | A2 - Spanish Trails | 1BR,1BA | $1,139 |
Best Value Apartments for Rent in Hyde Park, TX
As of July 10, 2026 the best value apartment in the Hyde Park area is the $1.71 price per square foot B1 Model at Duval Villa in the in the East Austin neighborhood starting from $1,601. The second greatest value Hyde Park apartment is the C1 Model at The Abali Apartments starting at $1,299 with a $1.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Duval Villa | B1 | 2BR,1BA | $1.71 |
| The Abali Apartments | C1 | 2BR,2BA | $1.53 |
| North 40 | North 40 - 2 Bed 1 Bath | 2BR,1BA | $1.18 |
| Plaza Sonora | 2/1 | 2BR,1BA | $1.69 |
| Oak Park Apartments | opaA5TH | 1BR,1BA | $1.96 |
| Travis Flats | A2.E1-60% | 1BR,1BA | $1.95 |
| The Parker at Hyde Park | 1 Bed 1 Bath | 1BR,1BA | $1.51 |
| Andrews Place | One Bedroom | 1BR,1BA | $1.68 |
| Speedway 38 | Lucy's | 1BR,1BA | $1.92 |
| Oasis at the Speedway | Easy Tiger | 1BR,1BA | $2.05 |
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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!
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 $1,139.
What is the price of a cheap apartment in Hyde Park?
The cheapest apartment in Hyde Park is Speedway 38 which is listed at $999, while the average apartment in Hyde Park costs $4,995.
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 26 regular apartments in Hyde Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
Written by: Raul Mercado
For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas
Written by: Raul Mercado
Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
Written by: Raul Mercado
Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

