Cheap Apartments for Rent in the Hyde Park Neighborhood of Midland, TX from $550 (50 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701
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ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703
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Avalon Springs
1 to 2 Bedroom Apartments

Avalon Springs

4000 W Illinois AveMidland, TX 79703

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.

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Hawthorne House
1 to 2 Bedroom Apartments

Hawthorne House

2811 W Loop 250 NMidland, TX 79705
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Wildflower
1 to 2 Bedroom Apartments

Wildflower

4301 Raleigh CtMidland, TX 79707
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Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703
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The Bradford
1 to 2 Bedroom Apartments

The Bradford

4715 W Wadley AveMidland, TX 79707
Corporate Housing

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.

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Showing Results 1-50, Page 1 of 1

Hyde Park, Midland, TX Local Guide

Cheapest Available Hyde Park Apartments for Rent

 

The cheapest available apartment rental in the Hyde Park area of Midland, TX is a 1 Bed unit found at Santa Fe Apartments priced from $800. Stone Creek Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $846. Here are the most affordable Hyde Park apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Santa Fe Apartments1 Bedroom w/o W/D connections1BR,1BA$800
Stone Creek Apartment HomesSummit1BR,1BA$846
Alturas Andrews1 BR x 1 BA1BR,1BA$879
ReNew ScotsdaleStudioStudio,1BA$879
Cypress PointeStudioStudio,1BA$899
Avalon Springs1x1 A1BR,1BA$900
Aviare Place ApartmentsA1 - 1 bedroom 1 bath1BR,1BA$912
ReNew Andrews I & II1 BR x 1 BA - C - Income-Restricted (50)1BR,1BA$919
ReNew Andrews1 BR x 1 BA - C - Income-Restricted (50)1BR,1BA$919
Hawthorne HouseA1 - 1 Bedroom 1 Bath1BR,1BA$922

Best Value Apartments for Rent in Hyde Park, TX

As of August 30, 2026 the best value apartment in the Hyde Park area is the $1.20 price per square foot B1 Model at The Midkiff in the in the Wadley Heights neighborhood starting from $1,325. The second greatest value Hyde Park apartment is the Onyx Model at ReNew at Polo Parkway starting at $1,509 with a $1.40 price per square foot in the Wadley Heights 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.
The MidkiffB12BR,2BA$1.20
ReNew at Polo ParkwayOnyx2BR,2BA$1.40
Mosaic2Bed 2Bath_1020Sqft2BR,2BA$1.15
Silver Creek Apartments2/12BR,1BA$1.44
Advenir at The MeadowsButtercup1BR,1BA$1.23
Hawthorne HouseA1 - 1 Bedroom 1 Bath1BR,1BA$1.27
Meridian1 Bedroom Apartment Home1BR,1BA$1.43
Trinity Place1x11BR,1BA$1.48
Santa Fe Apartments1 Bedroom with W/D connections1BR,1BA$1.29
Avalon Springs1x1 A1BR,1BA$1.48

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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Real 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.

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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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Pet Friendly Lifestyle
Hyde Park, Midland, TX

Ranked #10

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Hyde Park, Midland, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States, including Midland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hyde Park Apartments

What is the Cheapest Studio apartment in Hyde Park?

Currently the most affordable Cheap Studio Apartment in Hyde Park is at ReNew Scotsdale listed at $879.

How much is rent for a Cheap One Bedroom Hyde Park Apartment?

The lowest price for a Cheap One Bedroom Hyde Park Apartment is $800 at Santa Fe Apartments.

What is the lowest price for a Cheap Two Bedroom Hyde Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hyde Park is starting from $1,049 at ReNew Andrews I & II.

What is the most affordable Hyde Park Three Bedroom Apartment?

The best deal on a cheap Hyde Park Three Bedroom Apartment rental is at Silver Creek Apartments and starts from $1,550.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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.