Cheap Apartments for Rent in the Hyde Park Neighborhood of Austin, TX from $600 (92 Rentals)

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

property at 4709 Harmon Ave

4709 Harmon Ave

AustinTX78751
property at 4105 Speedway

4105 Speedway

AustinTX78751

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 301 W 38th St

301 W 38th St

AustinTX78705

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 209 E 35th St

209 E 35th St

AustinTX78705

Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

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property at 202 E 32nd St

202 E 32nd St

AustinTX78705

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 303 W 35th St

303 W 35th St

AustinTX78705
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VIP Apartments
1 to 3 Bedroom Apartments

VIP Apartments

101 E 33rd StAustin, TX 78705

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.

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 The Abali Apartments priced from $769. Miller Square & Spanish Trails has the second lowest priced unit, which is a Studio apartment currently listed from $830. Here are the most affordable Hyde Park apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Abali ApartmentsA1Studio,1BA$769
Miller Square & Spanish TrailsE1 - Designer - Miller SquareStudio,1BA$830
45 FlatsS1Studio,1BA$895
Chimney SweepStudioStudio,1BA$899
108 Place ApartmentsStudioStudio,1BA$899
Duval CourtStudioStudio,1BA$899
305 FlatsCap CityStudio,1BA$900
Hyde Park I & IILg STUDIOStudio,1BA$995
Urban VillasOne Bedroom One Bath1BR,1BA$999
Speedway 38Lucy's1BR,1BA$999

Best Value Apartments for Rent in Hyde Park, TX

As of November 15, 2025 the best value apartment in the Hyde Park area is the $1.66 price per square foot B2 Model at Duval Villa in the in the East Austin neighborhood starting from $1,650. The second greatest value Hyde Park apartment is the 2-Bedroom Model at Stone Hill Apartments starting at $1,395 with a $1.55 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.
Duval VillaB22BR,2BA$1.66
Stone Hill Apartments2-Bedroom2BR,2BA$1.55
The Abali ApartmentsC12BR,1.5BA$1.53
Residences at The TriangleC-A1S1BR,1BA$2.13
Travis FlatsA1.E5-60%1BR,1BA$2.05
Urban VillasOne Bedroom One Bath1BR,1BA$1.59
Andrews PlaceOne Bedroom1BR,1BA$1.92
110 E 30th St, Unit B110 E 30th St1BR,1BA$2.16
Speedway 38Lucy's1BR,1BA$1.92
Oasis at the SpeedwayEasy Tiger1BR,1BA$2.05

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

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Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Local 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

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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.

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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

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 $999.

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

The cheapest apartment in Hyde Park is Miller Square & Spanish Trails which is listed at $850, while the average apartment in Hyde Park costs $5,497.

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 37 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 $202 which is $5,295 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.

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.