The Parker at Hyde Park Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 04, 2026

Thinking about renting at The Parker at Hyde Park Apartments in Central Austin? Rent here runs $1,095 - $1,295, and renters insurance adds about $16/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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3107 Speedway, Austin, TX 78705

Central Austin

Managed by The Kalantari Group Built 1976 2 stories 16 units
4/5
$1,095 - $1,295 /month

Monthly Cost Breakdown at The Parker at Hyde Park Apartments

The listed rent isn't the whole number. Here's what The Parker at Hyde Park Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,111 – $1,311
Base Rent $1,095 – $1,295
Required Monthly Fees $0
Est. Renters Insurance $16/mo

Renters Insurance at The Parker at Hyde Park Apartments

What Affects Your Premium Here

Every building is different. These factors specific to The Parker at Hyde Park Apartments can push your insurance cost up or down:

Older Building

Built in 1976 — older plumbing/electrical may increase risk

Open Access

No gated or controlled access — higher theft exposure

What You'll Likely Pay

$16

Est. Monthly

$193

Est. Annual

$16

With Discounts/mo

$14

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for The Parker at Hyde Park Apartments based on the rent level and building features.

Personal Property Coverage

$30,000 recommended
Low: $15,000 High: $50,000

Liability Coverage

$100,000 $100,000

Standard minimum for most lease requirements in Texas

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near The Parker at Hyde Park Apartments:

Carrier Est. Monthly Est. Annual Tier Buy Online
Lemonade $8 $96 budget Yes
USAA $9 $108 budget
State Farm $12 $144 mid
Progressive $13 $156 mid Yes
Safeco $13 $156 mid
Travelers $14 $168 mid
Allstate $15 $180 mid
Nationwide $15 $180 mid
Farmers $16 $192 premium
Liberty Mutual $18 $216 premium

Discounts You May Qualify For

Claims-free (if applicable)

Up to 10% off

Pay-in-full annual

Up to 7% off

Paperless/autopay

Up to 3% off

Multi-policy bundle

Up to 10% off

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Fees Beyond Rent

These are the additional charges beyond base rent at The Parker at Hyde Park Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Administrative Fee

N/A

Application Fee Per Applicant

N/A

Pets Fees

Pet Deposit

Charged per pet.

$250

Monthly Pet Fee

Charged per pet.

$10 / mo

Parking Fees

Covered

Safety & Security

The neighborhood around your apartment directly affects your renters insurance rate — carriers charge more in higher-crime zip codes and less where theft and property damage are rare. Here's what the data says about the area around The Parker at Hyde Park Apartments.

On-Site Security

Covered parking

Amenities

Community Features

Community-Wide WiFi Wi-Fi Laundry Facilities Recycling Renters Insurance Program Gas Range

Floor Plan Amenities

High Speed Internet Access Wi-Fi Air Conditioning Heating Ceiling Fans Smoke Free Cable Ready Storage Space Tub/Shower Framed Mirrors Dishwasher Disposal Ice Maker Granite Countertops Kitchen Microwave Oven Range Refrigerator Freezer Hardwood Floors Walk-In Closets

What's Within Reach

Groceries, pharmacies, gyms — the basics you'll want close by. Here's what's in the neighborhood around The Parker at Hyde Park Apartments.

Grocery

  • Whole Foods Market 4.5
  • Speedway Market 4.6
  • Wheatsville Food Co-op 4.6

Pharmacy

  • 38th Street Pharmacy 4.9
  • Walgreens Specialty Pharmacy 4.2
  • CVS Pharmacy 4.2

Hospital

  • Ascension Seton Medical Center Austin - Emergency 4.1
  • Dell Seton Medical Center at The University of Texas - Emergency 4.1
  • St. David's Medical Center Emergency Room 4.0

Gym

  • SoLa CrossFit 4.8
  • Orangetheory Fitness 4.6
  • Hyde Park Gym 4.8

Restaurant

  • Rose Gose 4.7
  • Pita Fusion 4.5
  • K-Food Texas 4.8

Bank

  • ATM 5.0
  • Frost Bank ATM 5.0
  • ATM

Gas

  • Speedway Market 4.6
  • Shell 3.5
  • Shell 2.9

Pet Policy

Bringing a pet? Here's what The Parker at Hyde Park Apartments allows — and keep in mind, if you have a dog, most insurance advisors recommend bumping your liability coverage to at least $300,000. Standard renters policies cover pet-related incidents, but the default $100,000 limit may not be enough if something happens.

  • Pet policies are negotiable.

About The Parker at Hyde Park Apartments

ONE MONTH FREE! $500 Deposit special. $1095 reduced rent special. true one bedroom. walk in closet Hyde Park 31st and Speedway walking distance to UT, Speedway cafes and shops, Hyde Park. new landscaping, signage and energy efficient windows. 1 bedroom renovated with walk in closet and open format kitchen. Covered parking is included with the unit $500 deposit special for new move in 4 week free rent special with new move-in

Year Built: 1976
Stories: 2
Total Units: 16
Management: The Kalantari Group
Phone: (424) 230-3866

Other Options Nearby

Still weighing your choices? These communities are in the same part of Austin — with their own insurance costs and safety profiles worth comparing.

Frequently Asked Questions

Does The Parker at Hyde Park Apartments require renters insurance?
We didn't find a public insurance requirement for The Parker at Hyde Park Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at The Parker at Hyde Park Apartments?
For this zip code and building type, expect to pay around $16/month ($193/year). The Parker at Hyde Park Apartments has security features that qualify for discounts — with those applied, you could pay as little as $16/month. For context, the statewide average is $14/month, so this building is right around average.
What will I actually pay per month at The Parker at Hyde Park Apartments?
Plan for $1,111 to $1,311/month all-in. That's base rent ($1,095 - $1,295), plus roughly $16/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does The Parker at Hyde Park Apartments allow pets?
Yes, The Parker at Hyde Park Apartments is pet-friendly. Here are the details: Pet policies are negotiable.. If you have a pet, keep in mind that most renters insurance policies cover pet liability — but you may want to increase your liability limit, especially for larger breeds.
What floor plans does The Parker at Hyde Park Apartments offer?
There are 1 floor plans to choose from, spanning 1-bedroom layouts. Rent ranges from $1,095 - $1,295. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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