Cheap Apartments for Rent in the Hyde Park Neighborhood of Austin, TX from $600 (100 Rentals)

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

property at 400 W 34th St

400 W 34th St

AustinTX78705
property at 3816 Speedway

3816 Speedway

AustinTX78751
property at 4105 Speedway

4105 Speedway

AustinTX78751

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.

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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.

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property at 114 E 31st St

114 E 31st St

AustinTX78705
property at 502 W 35th St

502 W 35th St

AustinTX78705

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 301 W 38th St

301 W 38th St

AustinTX78705

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!

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property at 3400 Speedway

3400 Speedway

AustinTX78705
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 City View at Mueller priced from $850. The Abali Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Hyde Park apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
City View at MuellerS1Studio,1BA$850
The Abali ApartmentsA1Studio,1BA$900
Hyde Park I & IILg STUDIOStudio,1BA$995
Chevy ChaseA41BR,1BA$1,003
Oasis at the SpeedwayEasy Tiger1BR,1BA$1,025
108 Place ApartmentsStudioStudio,1BA$1,040
Oak Park ApartmentsopaEFF1Studio,1BA$1,080
Hyde Park PlaceStudioStudio,1BA$1,095
Alma CherrywoodAlma Cherrywood - A2 - 1 Bed | 1 Bath1BR,1BA$1,099
Speedway 38Austin Java1BR,1BA$1,125

Best Value Apartments for Rent in Hyde Park, TX

As of May 10, 2025 the best value apartment in the Hyde Park area is the $1.64 price per square foot Two Bedroom, Two Bath Model at Avana Apartments in the in the East Austin neighborhood starting from $2,299. The second greatest value Hyde Park apartment is the Traditional 1x1 657-743 SF Model at MAA West Austin starting at $1,365 with a $1.90 price per square foot in the Northwest 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$1.64
MAA West AustinTraditional 1x1 657-743 SF1BR,1BA$1.90
Duval Court2x1- 45202BR,1BA$2.03
Cedar 31Cosmos1BR,1BA$1.92
Alma CherrywoodAlma Cherrywood - A2 - 1 Bed | 1 Bath1BR,1BA$1.71
Andrews PlaceOne Bedroom1BR,1BA$1.92
Chevy ChaseA11BR,1BA$1.77
Speedway 38Austin Java1BR,1BA$1.92
The Abali ApartmentsA1Studio ,1BA$1.63
Oasis at the SpeedwayEasy Tiger1BR,1BA$2.05

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

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 $1,125.

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

The cheapest apartment in Hyde Park is City View at Mueller which is listed at $925, 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 31 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 $200 which is $13,800 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 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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.