Cheap Apartments for Rent in the Hyde Park Neighborhood of Midland, TX from $500 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
Windgate
Studio to 2 Bedroom Apartments

Windgate

2900 W Illinois AveMidland, TX 79701

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.

close
View Me
Aviare Place
1 to 2 Bedroom Apartments

Aviare Place

2600 W Loop 250 NMidland, TX 79705
close
View Me
Zara Apartments
1 Bedroom Apartments

Zara Apartments

4303 Lockheed AveMidland, TX 79703
close
View Me
Hawthorne House
1 to 2 Bedroom Apartments

Hawthorne House

2811 W Loop 250 NMidland, TX 79705
close
View Me
ReNew Andrews
1 to 2 Bedroom Apartments

ReNew Andrews

4400 Andrews HwyMidland, TX 79703

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.

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. Stone Creek Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $853. Here are the most affordable Hyde Park apartments for rent in Midland, TX:

Apartment ListingModel NameBed/BathPriced From
Silver Creek Apartments1/11BR,1BA$835
Stone Creek Apartment HomesSummit1BR,1BA$853
MosaicEfficiencyStudio,1BA$880
ReNew GarfieldWhitmire1BR,1BA$979
ReNew SinclairCyrus1BR,1BA$990
Park at CalderaA11BR,1BA$995
ReNew Fairmont ParkBradford LURA 501BR,1BA$995
Santa Fe Apartments1 Bedroom with W/D connections1BR,1BA$1,000
Cornerstone Village1BD 1BA, sq ft 6601BR,1BA$1,000
ReNew MidlandLone Star LURA 501BR,1BA$1,010

Best Value Apartments for Rent in Hyde Park, TX

As of July 09, 2025 the best value apartment in the Hyde Park area is the $1.36 price per square foot 2 Bedroom Apartment Home Model at Brighton Court in the in the Wadley Heights neighborhood starting from $2,094. The second greatest value Hyde Park apartment is the 2 Bedroom Apartment Home Model at Enclave starting at $2,016 with a $1.48 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 Court2 Bedroom Apartment Home2BR,2.5BA$1.36
Enclave2 Bedroom Apartment Home2BR,2BA$1.48
Windgate2B2BR,2BA$1.23
The Midkiff2/2 All Bills Paid2BR,2BA$1.18
ReNew at Polo ParkwayNile2BR,2BA$1.42
Meridian2 Bedroom Apartment Home2BR,2BA$1.44
Aviare PlaceB1 - 2 bedroom 1 bath2BR,1BA$1.37
Midland Village Apartments1BR/1BA1BR,1BA$1.42
Silver Creek Apartments1/11BR,1BA$1.19
Santa Fe Apartments1 Bedroom with W/D connections1BR,1BA$1.43

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.

decorative image of people with a giant lease agreement

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 $1,905.

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 18 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 $136 which is $1,769 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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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

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.