
Cheap Apartments for Rent in the 50 Penn West Neighborhood of Oklahoma City, OK from $400 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the 50 Penn West area of Oklahoma City.


Campus Pointe Apartments

Copper Ridge Apartments

Belle Isle Terrace

The Warwick

Crestpark Apartments

Villas on 50th

Newport Granada Apartments

Total Monthly Price
3509 N Nesbitt Ave

The Pines
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.

21Penn

Sienna Ridge

2442 NW 39th St

Vintage at 50th

New Saigon

Manchester on May

Copperfield Apartments

Furnished Studio-Oklahoma City - Bethany

5560 Medical Center Apartments

The Current
Oklahoma City's Best Affordable Neighborhoods
Learn about Oklahoma City and the best places to live with original content written by Local Expert Mike Heuer

1102 NW 27th St

1410 NW 25th St

Sandstone Ridge

The Terraces at Lakehurst

The Grayson

The E at 1016 NW 67th Street

La Villa

Tiffany Retro Apartments

3824 NW 28th St

2024 NW 26th St
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.

2924 Pioneer Ave

3829 NW 26th St

3044 NW 28th St

Blackwelder

1521 NW 45th St

3912 NW 32nd St

Oasis Apartments at Paseo

3609 N Drexel Blvd

The Nomad Apartments

Greystoke Apartments
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Lake Stella Estates

Putnam Heights Apartments

Villas at Penn

Hunter's Landing

Crosswinds Cove

Vines at Adams

Jaime's Landing

Ambassador House

Parkridge Apartments

1100 NW 27th St.
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!
50 Penn West, Oklahoma City, OK Local Guide

How much does it cost to rent an apartment in 50 Penn West?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 50 Penn West Studio Apartments | $986 | $699 | $1,718 |
| 50 Penn West 1 Bedroom Apartments | $1,306 | $650 | $10,000+ |
| 50 Penn West 2 Bedroom Apartments | $1,497 | $750 | $2,972 |
| 50 Penn West 3 Bedroom Apartments | $1,850 | $1,221 | $4,079 |
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the 50 Penn West Neighborhood of Oklahoma City, OK.
See all Apartments in Oklahoma CityExplore Oklahoma City
50 Penn West, Oklahoma City, OK Local Guide
- Nearby Oklahoma City neighborhoods
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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 Studio unit found at Vines at Adams priced from $625. 1100 NW 27th St. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable 50 Penn West apartments for rent in Oklahoma City, OK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vines at Adams | Studio | Studio,1BA | $625 |
| 1100 NW 27th St. | 1BR/1.0BA | 1BR,1BA | $695 |
| Campus Pointe Apartments | Junior Up | Studio,1BA | $699 |
| Belle Isle Terrace | Gorgeous 1 bed/1 bath units at Belle Isle Terrace | 1BR,1BA | $709 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $725 |
| Villas on 50th | 1x1 SM | 1BR,1BA | $725 |
| Newport Granada Apartments | 1 Bed, 1 Bath | 1BR,1BA | $730 |
| 3509 N Nesbitt Ave | 1 Bedroom | 1BR,1BA | $745 |
| The Pines | ALL BILLS PAID Immediate move-in available!! | Studio,1BA | $750 |
| 21Penn | 1-1 | 1BR,1BA | $750 |
Best Value Apartments for Rent in 50 Penn West, OK
As of April 12, 2026 the best value apartment in the 50 Penn West area is the $0.84 price per square foot B2 Model at La Villa in the in the Suburban Northside neighborhood starting from $1,215. The second greatest value 50 Penn West apartment is the 2A Model at The Warwick starting at $981 with a $1.06 price per square foot in the Suburban Northside neighborhood. Here is today’s list of the best values for 50 Penn West apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| La Villa | B2 | 2BR,2BA | $0.84 |
| The Warwick | 2A | 2BR,2BA | $1.06 |
| Salem West | A17-2X15R | 2BR,1.5BA | $1.14 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $0.81 |
| Copper Ridge Apartments | 2 Bed - Large - First Floor | 2BR,1BA | $1.07 |
| Manchester on May | MAN112 | 1BR,1BA | $1.10 |
| Vintage at 50th | A2 | 1BR,1BA | $1.10 |
| Belle Isle Terrace | BEL1B1BR | 1BR,1BA | $0.98 |
| 3509 N Nesbitt Ave | 1 Bedroom | 1BR,1BA | $1.10 |
| 1100 NW 27th St. | 1BR/1.0BA | 1BR,1BA | $1.16 |
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.
Read ArticleDon'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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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick 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.
Pet Friendly Lifestyle50 Penn West, Oklahoma City, OK
Ranked #46
Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in 50 Penn West, Oklahoma City, OK
Northwest Classen High School
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 Vines at Adams listed at $625.
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 $695 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 $715 at Vines at Adams.
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 Warwick and starts from $1,221.
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

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.

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.

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

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.

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.

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.

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.