Average Rent in Hyde Park, Austin, TX

Current Versus Historical Hyde Park, Austin, TX Rents

Hyde Park rentals average $1,010 for a studio rental to $4,895 for a 4-bedroom rental. The median price of all currently available listings is $2,187, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $25 (2.38%) year-over-year from $1,050 to $1,075. 1-bedroom rentals prices have decreased by $42 (-3.41%) year-over-year from $1,237 to $1,195. 2-bedroom rentals prices have decreased by $106 (-6.15%) year-over-year from $1,723 to $1,617. 3-bedroom rentals prices have increased by $234 (9.01%) year-over-year from $2,592 to $2,825. 4-bedroom rentals prices have increased by $181 (4.05%) year-over-year from $4,467 to $4,648. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 5.05% this month. 1-bedroom rents have gone up by 1.13% this month. 2-bedroom rents have gone down by 1.70% this month. 3-bedroom rents have gone up by 15.86% this month. 4-bedroom rents have gone down by 11.01% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.56	$1,075	$1,050 (2.38%)	$1,011 (6.36%)
1 BR	$2.16	$1,195	$1,237 (-3.41%)	$1,067 (12.03%)
2 BR	$1.97	$1,617	$1,723 (-6.15%)	$1,913 (-15.48%)
3 BR	$1.91	$2,825	$2,592 (9.01%)	$2,442 (15.70%)
4+ BR	$2.30	$4,648	$4,467 (4.05%)	$3,648 (27.39%)

Historical Rents in Hyde Park, Austin, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Hyde Park

There are a total of 12 cities nearby Hyde Park. The average rent in Hyde Park is currently $2,198 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Canyon Lake, TX, with an average rent of $1,680, is the most affordable city nearby. In contrast, the most expensive city near Hyde Park, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,400 per month.

Let's compare Hyde Park, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 2.07% more affordable. Two bedrooms in Hyde Park, Austin, TX are about 16.67% more expensive. Finally, rent for three bedrooms are about 24.60% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Hyde Park, Austin, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
San Marcos, TX	N/A	$1,200	$1,525	$1,995
Kyle, TX	N/A	$1,238	$1,425	$2,000
Cedar Park, TX	N/A	$1,343	$1,831	$2,150
Hutto, TX	N/A	N/A	N/A	$2,195
Georgetown, TX	$1,252	$1,250	$1,557	$2,200
Leander, TX	N/A	$1,350	$1,663	$2,225
Austin, TX	$1,137	$1,405	$1,948	$2,250
Round Rock, TX	N/A	N/A	$1,695	$2,250
Pflugerville, TX	N/A	N/A	$1,595	$2,295
Lakeway, TX	N/A	N/A	$2,175	$3,400

Top Neighborhoods Near Hyde Park

There are a total of 10 neighborhoods in or near Hyde Park. Some of these neighborhoods include North University, West University, and Hancock. We've included all of these top 10 neighborhoods in or near Hyde Park, Austin, TX in the following chart.

The average rent for these 10 neighborhoods in or near Hyde Park, Austin, TX is currently around $2,052 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,052. Out of all the neighborhoods in or near Hyde Park, North University has the most affordable average rent at $1,273 per month. Whereas, at $3,425 average rent per month, Downtown Austin is the most expensive neighborhood in or near Hyde Park. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North University, Austin, TX	$1,062	$1,250	$2,125	$1,273
West University, Austin, TX	$1,325	$1,300	$1,950	$1,750
Hancock, Austin, TX	$1,350	$1,500	$1,900	$1,800
Garrison Park, Austin, TX	N/A	$1,150	$1,695	$1,875
West Oak Hill, Austin, TX	N/A	$1,429	$2,053	$2,003
Brentwood, Austin, TX	$1,300	$1,578	$2,300	$2,100
South Lamar, Austin, TX	$1,175	$1,748	$2,100	$2,275
North Loop, Austin, TX	$1,078	$1,400	$1,945	$2,495
Zilker, Austin, TX	N/A	$1,900	$2,950	$2,948
Downtown Austin, Austin, TX	$1,750	$2,823	$3,500	$3,425

Top Counties Near Hyde Park

There are a total of 10 counties located by Hyde Park, Austin, TX. Some of these counties include Jarrell, TX, Kyle-Buda, TX, and Austin, TX. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,950. Vice versa, with an average rent of $3,298, Southwest Travis, TX is the most expensive county by Hyde Park, Austin, TX.

In comparison, rent for one bedroom listings in Hyde Park, Austin, TX is 11.91% more affordable than other counties nearby. Finally, rent for two bedrooms in Hyde Park, Austin, TX is 9.43% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Jarrell, TX	N/A	N/A	N/A	$1,950
Kyle-Buda, TX	N/A	$1,238	$1,648	$2,150
Austin, TX	$1,137	$1,400	$1,950	$2,245
Northeast Travis, TX	N/A	$1,657	$1,875	$2,250
Cedar Park-Liberty Hill, TX	N/A	$1,350	$1,800	$2,250
Taylor, TX	N/A	$1,889	$1,450	$2,262
Round Rock-Georgetown, TX	$1,252	$1,250	$1,605	$2,275
Northwest Travis, TX	N/A	$1,323	$1,825	$2,695
Dripping Springs-Wimberley, TX	N/A	$1,500	$2,225	$2,900
Southwest Travis, TX	N/A	$1,432	$2,083	$3,298

Top Zipcodes Near Hyde Park

There are a total of 38 zipcodes in or near Hyde Park, Austin, TX. The average rent for all of these zipcodes is $2,250. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78705, Austin, TX at $1,650 per month. In comparison, the zipcode with the most expensive average rent of $4,550 per month is 78746, West Lake Hills, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Hyde Park, Austin, TX is $1,215 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,774 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Hyde Park, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
78751, Austin, TX	$1,045	$1,250	$1,998	$2,348
78705, Austin, TX	$1,200	$1,250	$1,950	$1,650
78756, Austin, TX	$1,300	$1,495	$2,272	$1,850
78723, Austin, TX	$700	$1,475	$1,460	$2,200
78752, Austin, TX	N/A	$1,340	$1,820	$1,895
78703, Austin, TX	N/A	$1,773	$2,660	$3,000
78701, Austin, TX	$1,750	$2,750	$3,500	$3,400
78702, Austin, TX	$1,265	$1,885	$2,995	$2,995
78741, Austin, TX	$1,074	$1,230	$1,763	$1,995
78704, Austin, TX	$1,175	$1,625	$2,290	$2,900

Frequently Asked Questions - Hyde Park Average Rents

What is the average rent price in Hyde Park, Austin, TX?

The average monthly rental price for Hyde Park, Austin, TX apartments for rent is approximately $2,187. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Hyde Park, Austin, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Hyde Park, Austin, TX.

How much is a studio apartment in Hyde Park, Austin, TX?

The average monthly rental price for studio apartments is $1,010 and an average price per square feet of $2.56. There are a total of 6 studio apartment listings currently available for rent in Hyde Park.

How much is a one bedroom apartment in Hyde Park, Austin, TX?

The average monthly rental price for one bedroom apartments is $1,194 and an average price per square feet of $2.16. There are a total of 24 one bedroom apartment listings currently available for rent in Hyde Park.

How much is a two bedroom apartment in Hyde Park, Austin, TX?

The average monthly rental price for two bedroom apartments is $1,988 and an average price per square feet of $1.97. There are a total of 14 two bedroom apartment listings currently available for rent in Hyde Park.

How have rent prices in Hyde Park, Austin, TX changed this year?

Rent prices for rentals in Hyde Park, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in Hyde Park, Austin, TX?

A reasonable rent price in Hyde Park, Austin, TX is around $1,750/month. You can search for these reasonably priced rental listings on RentHop.