Cheap Apartments for Rent in the University Neighborhood of Norman, OK from $400 (101 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University area of Norman.

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.

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.

property at 401 SE 12th St

$800 - $980

1 To 2 Bedroom Rentals

Available Now

401 SE 12th St

NormanOK73071

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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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.

property at 209 W Haddock St

$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

209 W Haddock St

NormanOK73069
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Timbers Apartments
1 to 2 Bedroom Apartments

Timbers Apartments

1901-1911 Cherry Stone StNorman, OK 73072
  • Utilities Included
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Ray Apartments
1 Bedroom Apartments

Ray Apartments

310-320 E Boyd StNorman, OK 73069
  • Utilities Included

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.

University, Norman, OK Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Oklahoma City, OK is a 5 Beds unit found at Millennium Norman priced from $639. Garden Cottages has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable University apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Millennium Norman5BR/5BA - Elite5BR,5BA$639
Garden Cottages1 Bedroom1BR,1BA$775
Emerald GreensOne Bedroom One Bathroom1BR,1BA$800
Stoneridge ApartmentsQuartz 0x1LStudio,1BA$810
Campus Stationa11BR,1BA$819
Norman Creek2 Bedroom2BR,1BA$825
Norman ApartmentsLarge 1-bed flat at Summer Pointe1BR,1BA$830
Preston Square1/11BR,1BA$835
University Blvd ApartmentsOne bedroom one bath1BR,1BA$859

Best Value Apartments for Rent in University, OK

As of April 27, 2026 the best value apartment in the University 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 $611. The second greatest value University apartment is the 2x1.5 Townhouse Model at Rock Canyon Apartments starting at $1,065 with a $0.89 price per square foot in the Outer Norman neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Montara Park4BR/4BA - Platinum4BR,4BA$0.38
Rock Canyon Apartments2x1.5 Townhouse2BR,1.5BA$0.89
Twin Creek VillageStandard Downstairs2BR,2BA$0.95
The Flats at Norman2BR/2BA2BR,2BA$1.04
Sterling Park ApartmentsC3 Flat2BR,1.5BA$1.02
The Crestmont Apartments2 Bedroom 2 Bathroom2BR,2BA$1.08
Brentwood Pointe ApartmentsTwo Bed One Bath2BR,1BA$1.03
Norman Creek2 Bedroom2BR,1BA$0.94
413 S Webster Ave, Unit 2413 S Webster Ave1BR,1BA$1.01
Norman Apartments2-bed Luxe patio home at Springfield2BR,1BA$1.12

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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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Oklahoma City, Oklahoma. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap University Apartments

What is a cheap apartment in University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $859.

What is the price of a cheap apartment in University?

The cheapest apartment in University is Emerald Greens which is listed at $800, while the average apartment in University costs $1,230.

What types of apartments are the cheapest in University?

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 39 regular apartments in University 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 University?

Cheap apartments in University have an average cost of $439 which is $791 cheaper than the average rent for all rentals in University.

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.

Helpful Local Expert Guides

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Oklahoma Citys Hidden Gems: Your Guide to Finding the Perfect Affordable Neighborhood to Rent

Written by: Mike Heuer

I’m Mike, your ApartmentHomeLiving.com Local Expert for Oklahoma City, Oklahoma. The city is one of the lesser-known gems of the South-Central United States, and it always impressed me when visiting family in the city.

decorative image for OKC College Life: Top Neighborhoods to Rent for Students and University Staff article

OKC College Life: Top Neighborhoods to Rent for Students and University Staff

Written by: Mike Heuer

I am Mike, your ApartmentHomeLiving.com Local Expert for Oklahoma City, Oklahoma.

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The Best of OKC Living: Your Local Experts Guide to Making Oklahoma City Your Home

Written by: Mike Heuer

Hello from Oklahoma City, Oklahoma, where cowboys are legends and recreational opportunities abound. I’m Mike, your ApartmentHomeLiving.

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.