Cheap Apartments for Rent in the 50 Penn West Neighborhood of Oklahoma City, OK from $475 (107 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 50 Penn West area of Oklahoma City.

Live Close to Work: Prime Oklahoma City Neighborhoods to Rent Near Top Job Providers (Integris Health, Hobby Lobby, Boeing, Amazon)

Find quality, affordable apartments with short commutes in Oklahoma City by exploring the best neighborhoods near the city’s major employers. Discover apartments that are well within your budget, close to work, major freeways (I-40, I-44), and local recreation spots like Lake Hefner.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Best of OKC Living: Your Local Expert's Guide to Making Oklahoma City Your Home

Explore vibrant Oklahoma City, where the wild west meets the 21st century. Find plentiful jobs, affordable, high-quality apartments, a great climate, and endless recreation in OKC!

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

Rent smart near OKC's major universities. See which neighborhoods offer the best mix of affordability, local nightlife, and easy access to campus life and downtown amenities.

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property at 2024 NW 26th St

$1,146 - $1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,146 - $1,300
Total Monthly Price
$1,146 - $1,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

2024 NW 26th St

Oklahoma CityOK73160
property at 2340 NW 31st St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

3 Bedroom, 1 Bath Home for Rent

Available Now

2340 NW 31st St

Oklahoma CityOK73112
property at 3615 N Drexel Blvd

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 2, 2027

3615 N Drexel Blvd, Unit 3613

3615 N Drexel Blvd
Oklahoma CityOK73112
property at 3029 NW 46th St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

3 Bedroom, 2 Bath Home for Rent

Available Now

3029 NW 46th St

Oklahoma CityOK73112
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The Nomad Apartments
1 to 2 Bedroom Apartments

The Nomad Apartments

3100 NW 36th StOklahoma City, OK 73112
  • Utilities Included
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Greystoke Apartments
1 to 3 Bedroom Apartments

Greystoke Apartments

2242 NW 42nd StOklahoma City, OK 73112
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 3

50 Penn West, Oklahoma City, OK Local Guide

Cheapest Available 50 Penn West Apartments for Rent

 

The cheapest available apartment rental in the 50 Penn West area of Oklahoma City, OK is a 1 Bed unit found at 1100 NW 27th St. priced from $650. The Warwick Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $664. Here are the most affordable 50 Penn West apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
1100 NW 27th St.1BR/1.0BA1BR,1BA$650
The Warwick Apartment Homes1A1BR,1BA$664
Vines at Adams1 Bed 1 Bath1BR,1BA$699
Campus PointeJunior UpStudio,1BA$699
Belle Isle TerraceBEL1B1BR1BR,1BA$709
32nd Street Apartments1 Beds, 1 Baths1BR,1BA$725
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$725
The Colonies Apartments1 Br1BR,1BA$725
Villas on 50th1x1 MD1BR,1BA$750
21Penn1-11BR,1BA$750

Best Value Apartments for Rent in 50 Penn West, OK

As of August 26, 2026 the best value apartment in the 50 Penn West area is the $1.12 price per square foot 2 Beds, 2 Baths Model at 711 NW 30th St in the in the Adventure District neighborhood starting from $1,450. The second greatest value 50 Penn West apartment is the 2BR/1.0BA Model at 1100 NW 27th St. starting at $895 with a $0.88 price per square foot in the Adventure District neighborhood. Here is today’s list of the best values for 50 Penn West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
711 NW 30th St2 Beds, 2 Baths2BR,2BA$1.12
1100 NW 27th St.2BR/1.0BA2BR,1BA$0.88
Vintage at 50thB12BR,2BA$0.99
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$0.81
The Current ApartmentsThe Villager1BR,1.5BA$1.12
32nd Street Apartments1 Beds, 1 Baths1BR,1BA$0.97
Villas on 50th1x1 MD1BR,1BA$1.00
Belle Isle TerraceBEL1B1BR1BR,1BA$0.98
The Warwick Apartment Homes1A1BR,1BA$1.02
Vines at Adams1 Bed 1 Bath1BR,1BA$1.12

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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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
50 Penn West, Oklahoma City, OK

Ranked #30

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
50 Penn West, Oklahoma City, OK

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Oklahoma and customized analysis for Northwestern Oklahoma City, OK. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap 50 Penn West Apartments

What is the Cheapest Studio apartment in 50 Penn West?

Currently the most affordable Cheap Studio Apartment in 50 Penn West is at Campus Pointe listed at $699.

How much is rent for a Cheap One Bedroom 50 Penn West Apartment?

The lowest price for a Cheap One Bedroom 50 Penn West Apartment is $650 at 1100 NW 27th St..

What is the lowest price for a Cheap Two Bedroom 50 Penn West Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 50 Penn West is starting from $744 at The Warwick Apartment Homes.

What is the most affordable 50 Penn West Three Bedroom Apartment?

The best deal on a cheap 50 Penn West Three Bedroom Apartment rental is at The Current Apartments and starts from $1,179.

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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Live Close to Work: Prime Oklahoma City Neighborhoods to Rent Near Top Job Providers

Written by: Mike Heuer

Oklahoma City is a highly underrated city and the capital of the great state of Oklahoma. The city has more than 700,000 residents, while the greater metropolitan area has about twice that many.

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The Best of OKC Living: Your Local Expert's 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.

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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.