Cheap Apartments for Rent in the Downtown Broken Arrow Neighborhood of Broken Arrow, OK from $500 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Broken Arrow area of Broken Arrow.

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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The Lofts @ 222
1 to 2 Bedroom Apartments

The Lofts @ 222

222 S Main StBroken Arrow, OK 74012
  • Utilities Included
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Stoney Ridge Estates
1 Bedroom Apartments

Stoney Ridge Estates

400 E Madison StBroken Arrow, OK 74012
Senior Living
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Americana Apartments
1 to 2 Bedroom Apartments

Americana Apartments

400 W Lansing StBroken Arrow, OK 74012
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The Carlyle
1 to 3 Bedroom Apartments

The Carlyle

101 Carlyle DrBroken Arrow, OK 74012
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Hillside on Madison
1 to 2 Bedroom Apartments

Hillside on Madison

512 E Madison StBroken Arrow, OK 74012

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.

Downtown Broken Arrow, Broken Arrow, OK Local Guide

Cheapest Available Downtown Broken Arrow Apartments for Rent

 

The cheapest available apartment rental in the Downtown Broken Arrow area of Broken Arrow, OK is a 1 Bed unit found at The Village Apartments priced from $875. The Greens on Aspen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $965. Here are the most affordable Downtown Broken Arrow apartments for rent in Broken Arrow, OK:

Apartment ListingModel NameBed/BathPriced From
The Village Apartments1 Bed, 1 bath1BR,1BA$875
The Greens on AspenCustom Deluxe III1BR,1BA$965
Hickory Grove1 Bedroom/1 Bath1BR,1BA$994
Aspen VillageOne Bed One Bath 706 Sqft1BR,1BA$1,160
BRIO at The Rose Apartments1 Bedroom1BR,1BA$1,229

Best Value Apartments for Rent in Downtown Broken Arrow, OK

As of May 07, 2026 the best value apartment in the Downtown Broken Arrow area is the $1.20 price per square foot 2 bed (Fireplace Optional) Model at Villas at Aspen Park in the in the Fairway Crossing neighborhood starting from $1,259. The second greatest value Downtown Broken Arrow apartment is the 1 Bed, 1 bath Model at The Village Apartments starting at $875 with a $1.18 price per square foot in the South Tulsa neighborhood. Here is today’s list of the best values for Downtown Broken Arrow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas at Aspen Park2 bed (Fireplace Optional)2BR,2BA$1.20
The Village Apartments1 Bed, 1 bath1BR,1BA$1.18
Aspen VillageOne Bed One Bath 706 Sqft1BR,1BA$1.64
Hickory Grove1 Bedroom/1 Bath1BR,1BA$1.42
The Greens on AspenCustom Deluxe III1BR,1BA$1.44
BRIO at The Rose Apartments1 Bedroom1BR,1BA$1.91

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Downtown Broken Arrow, Broken Arrow, OK

Ranked #3

Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Broken Arrow Apartments

What is the price of a cheap apartment in Downtown Broken Arrow?

The cheapest apartment in Downtown Broken Arrow is The Village Apartments which is listed at $875, while the average apartment in Downtown Broken Arrow costs $1,809.

What types of apartments are the cheapest in Downtown Broken Arrow?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Downtown Broken Arrow that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.