Monticello Apartments Hyde Park
306 W 38th St,
Austin, TX 78705
$995
Studio
Area Guide
First developed in 1891 as a streetcar suburb, Hyde Park has become one of the most densely-populated areas in the city. With many historic buildings in its two historic districts, the neighborhood enjoys a charming beauty, with sites like the Queen Anne style Col. Monroe M. Shipe House and the Elisabet Ney Museum.
Hyde Park sits directly north of the University of Texas at Austin, with I-35 running along the eastern border. On the west side, residents have easy access to a variety of shops, including Central Market, and the Heart Hospital of Austin. The university is home to four museums, including the Blanton Museum of Art. Sports fans can cheer on the Longhorns at nearby the Darrell K Royal-Texas Memorial Stadium.
As of August 2026, the average apartment rent in Hyde Park is $975 for a studio, $1,136 for one bedroom, $1,486 for two bedrooms, and $1,890 for three bedrooms. Apartment rent in Hyde Park has decreased by -3.0% in the past year.
Studio
413 sq ft
Average Sq Ft
$975/month
Average Rent
1 BR
577 sq ft
Average Sq Ft
$1,136/month
Average Rent
2 BR
851 sq ft
Average Sq Ft
$1,486/month
Average Rent
3 BR
1,153 sq ft
Average Sq Ft
$1,890/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Hyde Park - Austin, TX is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Very Drivable
Drivability
Moderately Bikeable
Bikeability
In Hyde Park - Austin, TX, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Great Café Variety Nearby
Cafes
Great Variety of Shops Nearby
Shopping
Hyde Park - Austin, TX provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Hyde Park - Austin, TX from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
Current Resident
8 years and 7 months ago•Niche Review
A friendly, safe, and beautiful neighborhood full of families and college students. Lots of unique cafes, coffee shops and local businesses. Affordable for the Austin area and a quick shot from downtown Austin or the University of Texas campus.
Niche User
9 years and 11 months ago•Niche Review
Being on the street, I feel that there is adequate lighting and that my yard is very open to see anyone or anything going on. I feel very safe in this area.
Niche User
9 years and 11 months ago•Niche Review
I have loved living in this area thus far. For the past few years, I have lived in this area of town and it has been a wonderful adjustment as a college student. The distance from the campus allows me to have a place of retreat from the stress of school, while still feeling connected to the student body and university as a whole.
Niche User
10 years and 1 months ago•Niche Review
The area is in a historic district and has great, local amenities. Within walking distance there is always a restaurant, gym or coffee shop. In addition to the amenities, very nice people live in the neighborhood and the houses are gorgeous.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.