Cheap Apartments for Rent in Allen, OK from $400 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Allen.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Sycamore Landing Apartments
1 to 4 Bedroom Apartments

Sycamore Landing Apartments

420 Sycamore Landing BlvdMcloud, OK 74851
Student Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 426 W 5th

$775

2 Bedroom Rentals

Available Now

426 W 5th

AdaOK74820

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Allen, OK Local Guide

Cheapest Available Allen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Allen, OK is a 5 Beds unit found at Millennium Norman in the Outer Norman neighborhood priced from $639. Country Grove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Allen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millennium Norman5BR/5BA - Elite5BR,5BA$639
Country Grove Apartments1 Bedroom Unit1BR,1BA$650
Cypress PointeStudioStudio,1BA$659
Avalon Apartments1.11BR,1BA$675
Cottage Park McAlester A 62+ Senior CommunityALL BILLS PAID1BR,1BA$745
Sandpiper ApartmentsPerfect place to call home!2BR,1BA$745
Norman Apartments2-bed flat at Springfield2BR,1BA$776
Beard Estates Rental HomesThree Bedroom, Two Bath3BR,2BA$784
Timber Ridge Apartments2x22BR,2BA$800
Emerald GreensOne Bedroom One Bathroom1BR,1BA$800

Best Value Apartments for Rent in Allen, OK and Nearby

As of April 16, 2026 the best value apartment in the Allen area is the $0.38 price per square foot 4BR/4BA - Platinum Model at Montara Park in the in the Outer Norman neighborhood starting from $612. The second greatest value Allen apartment is the D1 Townhouse Model at Sterling Park Apartments starting at $980 with a $0.82 price per square foot in the Outer Norman neighborhood. Here is today’s list of the best values for Allen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Montara Park4BR/4BA - Platinum4BR,4BA$0.38
Sterling Park ApartmentsD1 Townhouse2BR,1.5BA$0.82
Diamond Crest Townhomes2 Bedroom Townhome2BR,1.5BA$1.00
Chapel Ridge of ShawneeC1-60%3BR,2BA$1.02
Timber Ridge Apartments3x23BR,2BA$0.89
Twin Creek VillagePremium Downstairs2BR,2BA$0.95
Beard Estates Rental HomesThree Bedroom, Two Bath3BR,2BA$0.81
Cimarron Terrace Apartments1BR/1.5BA TOWNHOUSE1BR,1.5BA$1.01
Cottage Park McAlester A 62+ Senior CommunityALL BILLS PAID1BR,1BA$0.96
Avalon Apartments1.11BR,1BA$1.04

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Allen, OK Rentals by Map

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See the most popular apartments and homes in Allen, OK

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Frequently Asked Questions about Cheap Allen Apartments

What is the Cheapest Studio apartment in Allen?

Currently the most affordable Cheap Studio Apartment in Allen is at Cypress Pointe listed at $699.

How much is rent for a Cheap One Bedroom Allen Apartment?

The lowest price for a Cheap One Bedroom Allen Apartment is $650 at Country Grove Apartments.

What is the lowest price for a Cheap Two Bedroom Allen Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Allen is starting from $745 at Sandpiper Apartments.

What is the most affordable Allen Three Bedroom Apartment?

The best deal on a cheap Allen Three Bedroom Apartment rental is at Beard Estates Rental Homes and starts from $784.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.