Cheap Apartments for Rent in the Hyde Park Neighborhood of Austin, TX from $600 (89 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

Hyde Park

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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Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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property at 502 W 35th St

502 W 35th St

AustinTX78705
property at 303 W 40th St

303 W 40th St

AustinTX78751
property at 4704 Evans Ave

4704 Evans Ave

AustinTX78751
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VIP Apartments
1 Bedroom Apartments

VIP Apartments

101 E 33rd StAustin, TX 78705
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Pepper Tree II
Studio to 1 Bedroom Apartments

Pepper Tree II

408 37th St WAustin, TX 78705
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4709 Harmon Ave
Studio to 2 Bedroom Apartments

4709 Harmon Ave

4709 Harmon AveAustin, TX 78751
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Stone Hill
1 to 2 Bedroom Apartments

Stone Hill

3202 Helms StAustin, TX 78705
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The Jacksonian
Studio to 1 Bedroom Apartments

The Jacksonian

3812 SpeedwayAustin, TX 78751
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 Mueller0a1Studio,1BA$850
The Abali ApartmentsA1Studio,1BA$900
Hyde Park I & IILg STUDIOStudio,1BA$995
Alma CherrywoodAlma Cherrywood - A2 - 1 Bed | 1 Bath1BR,1BA$999
Oak Park ApartmentsopaEFF1Studio,1BA$1,080
Chevy ChaseB12BR,1BA$1,084
Hyde Park PlaceStudioStudio,1BA$1,095
Oasis at the SpeedwayEasy Tiger1BR,1BA$1,100
Travis Flats Apartment CommunityA1-HCM.E1-50%1BR,1BA$1,105
Bridge at Windsor ParkE2 80%Studio,1BA$1,129

Best Value Apartments for Rent in Hyde Park, TX

As of April 16, 2025 the best value apartment in the Hyde Park area is the $1.67 price per square foot Plush Model at Cedar 31 in the in the East Austin neighborhood starting from $1,925. The second greatest value Hyde Park apartment is the Traditional 1x1 835-862 SF Model at MAA West Austin starting at $1,620 with a $1.88 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.
Cedar 31Plush3BR,1BA$1.67
MAA West AustinTraditional 1x1 835-862 SF1BR,1BA$1.88
The Abali ApartmentsC12BR,1.5BA$1.67
Chevy ChaseA41BR,1BA$1.50
Duval Court2x1- 45202BR,1BA$2.09
Travis Flats Apartment CommunityA1.E5-60%1BR,1BA$1.94
Andrews PlaceOne Bedroom1BR,1BA$1.92
Alma CherrywoodAlma Cherrywood - A1 - 1 Bed | 1 Bath1BR,1BA$2.01
Speedway 38Blue Dahlia1BR,1BA$2.19
City View at Mueller0a1Studio ,1BA$2.07

Quick Rent Budget Calculator

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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 $1,129.

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 $5,197.

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 39 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 $157 which is $5,040 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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.