Cheap Apartments for Rent in the Downtown Edmond Neighborhood of Edmond, OK from $600 (32 Rentals)

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

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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Jubilee Residences
Rent Specials
$850 - $1,000
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,000
Total Monthly Price
$850 - $1,000
1 Bedroom Apartments Available Now

Jubilee Residences

1300 E Ayers StEdmond, OK 73034
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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The Parke at Central
Rent Specials
$1,085 - $1,230
Total Monthly Price

Total Monthly Price

Base Rent
$1,085 - $1,230
Total Monthly Price
$1,085 - $1,230
1 to 2 Bedroom Apartments Available Now

The Parke at Central

1200 E Ayers StEdmond, OK 73034
Affordability
  • Verified
  • Customer Reviewed
  • 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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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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Showing Results 1-32, Page 1 of 1

Downtown Edmond, Edmond, OK Local Guide

Cheapest Available Downtown Edmond Apartments for Rent

 

The cheapest available apartment rental in the Downtown Edmond area of Edmond, OK is a Studio unit found at Oxford Oaks Apartments priced from $749. The Residences at Edmond Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Edmond apartments for rent in Edmond, OK:

Apartment ListingModel NameBed/BathPriced From
Oxford Oaks ApartmentsStudioStudio,1BA$749
The Residences at Edmond Park1 Bed 1 bath1BR,1BA$750
Reeds Landing ApartmentsRL-st1Studio,1BA$768
Kicking Bird/Kickingbird HillsA1 Modern 550sqft1BR,1BA$825
Jubilee ResidencesSecond Floor1BR,1BA$850
Avista of EdmondOne Bedroom1BR,1BA$940
The Boulevard1x1 - Flat1BR,1BA$950
Windrush ApartmentsOne Bedroom1BR,1BA$954
City Heights on 2nd C.H.A.M.1 Bedroom Handicapped1BR,1BA$955
Welcome to Edmond at Twenty500, where luxury meets convenience!1Br/1Ba1BR,1BA$975

Best Value Apartments for Rent in Downtown Edmond, OK

As of April 26, 2026 the best value apartment in the Downtown Edmond area is the $1.28 price per square foot D1 Model at The Parker Apartment Homes in the in the Broadway Park neighborhood starting from $1,699. The second greatest value Downtown Edmond apartment is the 4-Bedroom Apartment (Unfurnished) Model at Dillon Park Student Apartments starting at $1,800 with a $1.42 price per square foot in the Outer Northeast Oklahoma City neighborhood. Here is today’s list of the best values for Downtown Edmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Parker Apartment HomesD14BR,2BA$1.28
Dillon Park Student Apartments4-Bedroom Apartment (Unfurnished)4BR,2BA$1.42
Creekside VillageB2BR,2BA$1.37
Victoria Park of EdmondTownhome2BR,1.5BA$1.09
The Parke at Central2 Bedroom2BR,1BA$1.31
Spring Creek of Edmond ApartmentsCedar1BR,1BA$1.42
Ten15 at Hurd2 br2BR,1BA$1.42
City Heights on 2nd C.H.A.M.1 Bedroom Upgraded1BR,1BA$1.44
Avista of EdmondOne Bedroom1BR,1BA$1.45
The Residences at Edmond Park1 Bed 1 bath1BR,1BA$1.25

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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Pet Friendly Lifestyle
Downtown Edmond, Edmond, OK

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Edmond Apartments

What is a cheap apartment in Downtown Edmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Edmond is under $975.

What is the price of a cheap apartment in Downtown Edmond?

The cheapest apartment in Downtown Edmond is The Residences at Edmond Park which is listed at $750, while the average apartment in Downtown Edmond costs $2,750.

What types of apartments are the cheapest in Downtown Edmond?

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 51 regular apartments in Downtown Edmond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Edmond?

Cheap apartments in Downtown Edmond have an average cost of $566 which is $2,184 cheaper than the average rent for all rentals in Downtown Edmond.

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

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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.

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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.