Cheap Apartments Near Hyde Park in Austin
Looking for a swanky pad in Hyde Park, Austin? Here’s the lowdown on 3 top apartments:
- The Summit at Hyde Park
- Location: Brentwood neighborhood, walkable
- Price: $1,188 – $2,618
- Perks: Quartz countertops, smart home tech
- Drawback: Safety and maintenance concerns
- Hyde Park Court
- Location: Near UT Austin
- Price: $1,220 – $1,495
- Perks: Affordable, stable management
- Drawback: Older building, pet restrictions
- The Avenue
- Location: Heart of Hyde Park
- Price: $1,295 – $1,645
- Perks: Competitive pricing, good resident ratings
- Drawback: Limited info on amenities
Quick Comparison:
| Apartment | Price Range | Location | Key Feature | Main Drawback |
|---|---|---|---|---|
| The Summit | $1,188 – $2,618 | Brentwood | Smart home tech | Safety concerns |
| Hyde Park Court | $1,220 – $1,495 | Near UT Austin | Affordable | Older building |
| The Avenue | $1,295 – $1,645 | Hyde Park | Good ratings | Limited amenity info |
Pro tip: Austin rents are down 4.5% from last year. Shop around and negotiate – it’s a renter’s market!
Related video from YouTube
1. The Summit at Hyde Park
The Summit at Hyde Park sits at 5200 N Lamar Blvd, Austin, TX 78751. It’s marketed as a cheap apartment complex in North Austin. But does it live up to the hype? Let’s dig in.
Location
The Summit’s in the Brentwood neighborhood. It’s pretty walkable with a score of 74. Good news for students: it’s on the University of Texas bus line. The transit score of 57 means you’ve got decent public transport options.
Price Range
Units range from 450 to 955 sq ft. Prices? They start at $1,188 and go up to $2,618 for the bigger spots. Here’s a quick breakdown:
| Unit Type | Size (sq ft) | Price Range |
|---|---|---|
| 1 Bed 1 Bath | 450 – 645 | $1,188 – $1,982 |
| 2 Bed 2 Bath | 955 | $1,533 – $2,618 |
As of November 2023, they’re running a Thanksgiving special: move in before the holiday, get a month’s rent free.
Building Features
The Summit’s brochure looks pretty sweet:
- Quartz countertops
- Private balconies and patios
- Pool and BBQ area
- Smart home tech (Nest thermostats, smart locks)
- In-unit washer/dryer
- LED backlit mirrors
- Vinyl-plank flooring
Sounds great, right? But here’s the kicker: resident experiences tell a different story.
What Residents Say
Turns out, life at The Summit isn’t all sunshine and rainbows. Many residents are singing a different tune:
“Living at Summit at Hyde Park has been an extremely disappointing and distressing experience… The leasing office has consistently downplayed these incidents and failed to take any meaningful action to address these security concerns.” – Anonymous Resident, 2023-2024
Safety’s a big issue. Theft and trespassing? Yep, they’re on the list. And maintenance? Let’s just say mold and poor air quality aren’t exactly
Management’s another sore spot. With frequent changes, residents are left dealing with inconsistent service and unresolved issues.
It’s not all bad news, though. Some folks have good things to say about the maintenance staff and the quiet neighborhood. But these positive vibes seem to be the exception, not the rule.
Thinking about The Summit? Do your homework. Visit multiple times, at different hours. Check out the safety and maintenance situation. And don’t let those promo offers cloud your judgment. Take a good, hard look at the living conditions and how management handles things before you sign on the dotted line.
2. Hyde Park Court
Hyde Park Court sits at 302 West 38th Street, Austin, TX 78705. It’s a sweet spot for students and young pros who want to live near UT Austin without breaking the bank.
Location
This place is a stone’s throw from UT Austin. You’ve got Capital Metro and U.T. shuttle buses right at your doorstep. It’s in Hyde Park, which means you’re surrounded by tree-lined streets, parks, cafes, and shops. It’s way quieter than west campus, but you’re still close to all the action.
Price Range
Hyde Park Court won’t make your wallet cry. Here’s what you’re looking at:
| Unit Type | Size (sq ft) | Price |
|---|---|---|
| 1 Bedroom | 450 | $1,220 |
| 2 Bedroom | 650 | $1,495 |
And get this: they’re offering a month’s free rent on a year-long lease. That’s a pretty sweet deal if you ask me.
Building Features
Sure, Hyde Park Court’s been around since 1968, but it’s got a mix of old-school charm and modern perks:
- Roomy one-bedroom layouts
- Kitchens with pass-through bars
- Gas stoves (hello, home chefs!)
- Big closets and ceiling fans
- AC to beat that Texas heat
- Some units have hardwood floors
- Community pool for those scorching summers
- Laundry on-site
- Online maintenance and rent payment (no more checks!)
- Pet-friendly (as long as Fido’s under 25 lbs)
- Fiber optic internet (Netflix, here we come)
Oh, and they’ve got Spanish-speaking staff. Only 6% of Austin buildings can say that.
What Residents Say
We don’t have direct quotes, but here’s the deal: Hyde Park Court’s been around since 1994, run by the same owner. That usually means they’re doing something right.
They’re all about making life easy for students. Their promo says:
“Living at Hyde Park Court Apartments makes your college or post-grad experience more comfortable and convenient.”
But hey, don’t just take their word for it. Go check it out yourself.
Bottom line:
- Great location if you want to be near campus but not IN campus chaos.
- Prices are pretty good, especially with that move-in deal.
- It’s not the newest kid on the block, but it’s got what you need.
3. The Avenue
The Avenue sits at 4400 Avenue B, Austin, TX 78751. It’s another player in Hyde Park’s apartment scene. Let’s check it out.
Location
The Avenue is smack in the middle of Hyde Park. You get the best of both worlds: quiet residential living and easy access to city life.
Price Range
Here’s what you’ll pay at The Avenue:
| Unit Type | Price Range |
|---|---|
| 1 Bedroom | $1,295 – $1,645 |
| 2 Bedroom | $1,295 – $1,645 |
These prices are pretty competitive. Austin’s rent has actually dropped 4.5% in the past year. On average, you’re paying $65 less per month than you were in 2022.
Building Features
The Avenue offers 1-2 bedroom apartments with 1-2 bathrooms. Perfect for singles or small families.
We don’t have a full list of amenities, but apartments in this area usually come with:
- Modern appliances
- In-unit laundry
- Community spaces
- Fitness centers
- Parking
But don’t take our word for it. Ask the leasing office for the exact details.
What Residents Say
The Avenue scores 3.5 out of 5.0 in research and 63 out of 100 on the ORA™ Scale. Not bad, but not amazing either.
Jake Wegmann, an Associate Professor at UT Austin, has some advice for apartment hunters:
“It’s a good time to look for an apartment, and people who do (search for one) should bargain (and) should ask a lot of questions. They should definitely not … sign the first lease that they are offered. They should comparison-shop and they should get themselves the best deal they can.”
Smart words, especially now. Renters have more power because prices are down and there are more apartments available.
So, what’s the bottom line on The Avenue? The price is right and the location is great. But don’t jump in without doing your homework. Visit the place, ask tons of questions, and if you can, chat with some current residents. That’s how you’ll really know if The Avenue is the right fit for you.
What Works and What Doesn’t
Let’s dive into the pros and cons of three apartments near Hyde Park in Austin: The Summit at Hyde Park, Hyde Park Court, and The Avenue.
The Summit at Hyde Park
This Brentwood neighborhood gem boasts a prime location with a 74 walkability score. It’s on the University of Texas bus line – perfect for students. The amenities? Think quartz countertops, smart home tech, and a pool for those Texas summers.
But it’s not all rosy. Residents have reported some serious issues:
“Living at Summit at Hyde Park has been an extremely disappointing and distressing experience… The leasing office has consistently downplayed these incidents and failed to take any meaningful action to address these security concerns.” – Anonymous Resident, 2023-2024
Yikes. Safety concerns, maintenance problems, and frequent management changes have left some residents feeling less than luxurious.
Hyde Park Court
Hyde Park Court’s been around the block – literally. It’s been under the same management since 1994, which speaks volumes about stability. Plus, it’s a stone’s throw from UT Austin and won’t break the bank.
But here’s the catch: it’s showing its age. Built in 1968, it might not have all the bells and whistles of newer buildings. And if you’ve got a big furry friend, you might need to look elsewhere – they’ve got weight restrictions on pets.
The Avenue
The Avenue sits pretty in Hyde Park, offering a quiet retreat that’s still close to the action. It’s got competitive pricing, especially with Austin’s recent rent decreases. Residents seem pretty happy too, giving it a solid 3.5 out of 5 rating.
The downside? We’re a bit in the dark about specific amenities and resident experiences. It’s like a mystery wrapped in an enigma – intriguing, but hard to fully evaluate.
So, what’s the takeaway? Location is king for all three properties. But each comes with its own set of quirks and perks.
Jake Wegmann, an Associate Professor at UT Austin, drops some wisdom for apartment hunters:
“It’s a good time to look for an apartment, and people who do (search for one) should bargain (and) should ask a lot of questions. They should definitely not … sign the first lease that they are offered. They should comparison-shop and they should get themselves the best deal they can.”
With Austin rents down 4.5% in the past year, it’s a renter’s market. So take your time, ask questions, and don’t be afraid to negotiate. Happy hunting!
Final Thoughts
Hyde Park in Austin offers a mix of apartments, each with its own perks. Let’s break it down:
Budget-Friendly: Hyde Park Court is your go-to. One-bedrooms start at $1,220, and they’re throwing in a free month for a year-long lease. Not bad, right?
Quality: The Summit at Hyde Park might catch your eye. Quartz countertops and smart home tech? Fancy. But heads up – there’s talk about safety and maintenance issues. Do your homework before signing anything.
Middle of the Road: Check out The Avenue. One-bedrooms range from $1,295 to $1,645. It’s a solid choice if you want a balance of price and perks.
Here’s the kicker: Austin’s rental market is looking good for tenants right now. Jake Wegmann, Associate Professor at UT Austin, says:
“It’s a good time to look for an apartment, and people who do (search for one) should bargain (and) should ask a lot of questions. They should definitely not … sign the first lease that they are offered. They should comparison-shop and they should get themselves the best deal they can.”
Rents are down 4.5% from last year. That means you’ve got some bargaining power. Don’t rush it. Visit a bunch of places, ask tons of questions, and compare deals.
And don’t forget about Hyde Park itself. It’s Austin’s first suburb, dating back to 1898. It’s got that old-school charm mixed with modern convenience. Residents give it an 8.7/10 for walkability. Plus, it’s close to the University of Texas and downtown Austin. No wonder students, young professionals, and families love it.
