Cheap Apartments for Rent in the Hyde Park Neighborhood of Midland, TX from $500 (62 Rentals)

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

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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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.

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Advenir at The Meadows
$1,155 - $1,856
Total Monthly Price

Total Monthly Price

Base Rent
$1,124 - $1,825
Required Monthly Fees
$31
Total Monthly Price
$1,155 - $1,856
1 to 2 Bedroom Apartments Available Now

Advenir at The Meadows

5101 N A StMidland, TX 79705
Outdoors
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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.

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Westwood Villas
$1,250 - $1,667
Total Monthly Price

Total Monthly Price

Base Rent
$1,212 - $1,629
Required Monthly Fees
$38
Total Monthly Price
$1,250 - $1,667
2 Bedroom Apartments Contact Us For Availability

Westwood Villas

4100 W Illinois AveMidland, TX 79703
Pet Friendly
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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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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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Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703
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Wildflower
1 to 2 Bedroom Apartments

Wildflower

4301 Raleigh CtMidland, TX 79707
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The Bradford
1 to 2 Bedroom Apartments

The Bradford

4715 W Wadley AveMidland, TX 79707
Corporate Housing

Navigating the Rental Market: Tips for First-Time Renters

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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 Silver Creek Apartments priced from $835. Aviare Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $851. Here are the most affordable Hyde Park apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Silver Creek Apartments1/11BR,1BA$835
Aviare Place ApartmentsA1 - 1 bedroom 1 bath1BR,1BA$851
ReNew Andrews I & IIAldean Lura 80 (Low-Income)1BR,1BA$889
ReNew AndrewsAldean Lura 80 (Low-Income)1BR,1BA$889
Whispering Oaks 1904 N. Midland2 Bedrooms, 1 full, 860 sqft2BR,1BA$899
Alturas AndrewsAltitude1BR,1BA$899
Park at CalderaE1Studio,1BA$922
Avalon Springs1x1 A1BR,1BA$930
Stone Creek Apartment HomesSummit1BR,1BA$971
ReNew ScotsdalePreston1BR,1BA$979

Best Value Apartments for Rent in Hyde Park, TX

As of April 06, 2026 the best value apartment in the Hyde Park area is the $1.30 price per square foot BC-B1 Model at Brighton Court in the in the Wadley Heights neighborhood starting from $1,898. The second greatest value Hyde Park apartment is the SP-B2 Model at Signature Place starting at $1,724 with a $1.24 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.
Brighton CourtBC-B12BR,2BA$1.30
Signature PlaceSP-B22BR,2BA$1.24
Las ColinasDouble Townhome2BR,1.5BA$1.34
Midland Village Apartments2BR/2BA2BR,2BA$1.32
The MidkiffB1W/DConn2BR,2BA$1.27
Mosaic2Bed 2Bath_1020Sqft2BR,2BA$1.15
ReNew at Polo ParkwayNile2BR,2BA$1.37
Advenir at The MeadowsPassionflower2BR,2BA$1.27
Whispering Oaks 1904 N. Midland2 Bedrooms, 1 full, 860 sqft2BR,1BA$1.05
Silver Creek Apartments1/11BR,1BA$1.19

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 price of a cheap apartment in Hyde Park?

The cheapest apartment in Hyde Park is Silver Creek Apartments which is listed at $835, while the average apartment in Hyde Park costs $2,078.

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 21 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 $147 which is $1,931 cheaper than the average rent for all rentals in Hyde Park.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.