Cheap Apartments for Rent in Colony, OK from $400 (50 Rentals)

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

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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Park 220
Studio to 3 Bedroom Apartments

Park 220

220 Ridgecrest DrElk City, OK 73644
Corporate Housing
  • Utilities Included
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Crestview Commons
1 to 3 Bedroom Apartments

Crestview Commons

2302 W Country Club BlvdElk City, OK 73644
Corporate 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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Lane Stone Apartments
1 to 2 Bedroom Apartments

Lane Stone Apartments

4733 NW Motif Manor BlvdLawton, OK 73505
  • Utilities Included
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Copper Ridge
1 to 2 Bedroom Apartments

Copper Ridge

4751 NW Motif Manor BlvdLawton, OK 73505
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Heritage Hollow
1 to 2 Bedroom Apartments

Heritage Hollow

1500 Stout DrElk City, OK 73644
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Bella Vista Apartments
1 to 2 Bedroom Apartments

Bella Vista Apartments

1306 NW Irwin AveLawton, OK 73507
  • Utilities Included
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1410 NW Taylor Ave
1 to 2 Bedroom Apartments

1410 NW Taylor Ave

1410 NW Taylor AveLawton, OK 73507
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Maplewood Apartments
2 Bedroom Apartments

Maplewood Apartments

6307 NW Maple AveLawton, OK 73505
  • Utilities Included

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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Summit Living
2 Bedroom Apartments

Summit Living

2302 NW 38th StLawton, OK 73505
  • Utilities Included
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Ridgeview Heights
1 to 2 Bedroom Apartments

Ridgeview Heights

1910 Ridgeview DrEl Reno, OK 73036
Senior Living

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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Showing Results 1-50, Page 1 of 1

Colony, OK Local Guide

Cheapest Available Colony Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colony, OK is a 1 Bed unit found at Arrow Motel Extended Stay priced from $195. Lawton Courtyard Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Colony apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arrow Motel Extended StayWeekly Rental1BR,1BA$195
Lawton Courtyard Apartments1x11BR,1BA$525
Granite LandingSmall StudioStudio,1BA$525
Camden Apartments and Townhomes1 bedroom, 1 bath small1BR,1BA$535
Ozmun Apartments1 BEDROOM1BR,1BA$595
Regency Apartments1 Bed1BR,1BA$600
Coronado Apartments1 Bedroom1BR,1BA$620
Bison Ridge Apartments1 Bed / 1 Bath1BR,1BA$630
Park Place ApartmentsHot Summer Savings! Lease Today!2BR,1BA$650
La Villa ApartmentsMariposa | 1x1 | 2nd Floor1BR,1BA$680

Best Value Apartments for Rent in Colony, OK and Nearby

As of April 13, 2026 the best value apartment in the Colony area is the $0.86 price per square foot Academic Heights Model at Fort Sill On Post Housing in the starting from $2,150. The second greatest value Colony apartment is the LOFT 2 BED 2 BATH Model at Ozmun Apartments starting at $1,350 with a $1.04 price per square foot . Here is today’s list of the best values for Colony apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fort Sill On Post HousingAcademic Heights3BR,3BA$0.86
Ozmun ApartmentsLOFT 2 BED 2 BATH2BR,2BA$1.04
Fox ValleySpacious 2-Bedroom 1-Bathroom Apartment Near Fo...2BR,1BA$0.94
Winds of Oak RidgeTWO BEDS2BR,1BA$1.00
Park Place ApartmentsHot Summer Savings! Lease Today!2BR,1BA$0.81
Candlewood ApartmentsAPT 305 Charming 2-Bedroom, 1-Bath Apartment Co...2BR,1BA$0.87
@ The Lodge2x22BR,2BA$0.85
Bison Ridge Apartments1 Bed / 1 Bath1BR,1BA$0.93
Regency Apartments1 Bed1BR,1BA$0.91
Lawton Courtyard Apartments1x11BR,1BA$0.81

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 Colony, OK Rentals by Map

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See the most popular apartments and homes in Colony, OK

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Frequently Asked Questions about Cheap Colony Apartments

What is the Cheapest Studio apartment in Colony?

Currently the most affordable Cheap Studio Apartment in Colony is at Granite Landing listed at $525.

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

The lowest price for a Cheap One Bedroom Colony Apartment is $195 at Arrow Motel Extended Stay.

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

Today's best deal for a Cheap Two Bedroom Apartment in Colony is starting from $250 at Arrow Motel Extended Stay.

What is the most affordable Colony Three Bedroom Apartment?

The best deal on a cheap Colony Three Bedroom Apartment rental is at Park Place Apartments and starts from $750.

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.