This paper proposes a deep learning based power allocation (DL-PA) and hybrid precoding technique for multiuser massive multiple-input multiple-output (MU-mMIMO) systems. We first utilize an angular-based hybrid precoding technique for reducing the number of RF chains and channel estimation overhead. Then, we develop the DL-PA algorithm via a fully-connected deep neural network (DNN). DL-PA has two phases: (i) offline supervised learning with the optimal allocated powers obtained by particle swarm optimization based PA (PSO-PA) algorithm, (ii) online power prediction by the trained DNN. In comparison to the computationally expensive PSO-PA, it is shown that DL-PA greatly reduces the runtime by 98.6%-99.9%, while closely achieving the optimal sum-rate capacity. It makes DL-PA a promising algorithm for the real-time online applications in MU-mMIMO systems.