Cheap Apartments for Rent in the 50 Penn West Neighborhood of Oklahoma City, OK from $400 (58 Rentals)

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

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lake Stella Estates
Studio to 2 Bedroom Apartments

Lake Stella Estates

5509 N Independence AveOklahoma City, OK 73112
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The Nomad Apartments
1 to 2 Bedroom Apartments

The Nomad Apartments

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

Greystoke Apartments

2242 NW 42nd StOklahoma City, OK 73112
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Villas at Penn
Studio to 1 Bedroom Apartments

Villas at Penn

3818 N Pennsylvania AveOklahoma City, OK 73112
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Hunter's Landing
Studio to 2 Bedroom Apartments

Hunter's Landing

2909 NW 31st StOklahoma City, OK 73112
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Crosswinds Cove
1 to 2 Bedroom Apartments

Crosswinds Cove

2805 NW 59th StOklahoma City, OK 73112
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Jaime's Landing
1 to 2 Bedroom Apartments

Jaime's Landing

1701 NW 46th StOklahoma City, OK 73118
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Ambassador House
1 to 2 Bedroom Apartments

Ambassador House

4501 N Pennsylvania AveOklahoma City, OK 73112
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Vines at Adams
Studio to 2 Bedroom Apartments

Vines at Adams

2424 NW 39th StOklahoma City, OK 73112
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Parkridge Apartments
1 Bedroom Apartments

Parkridge Apartments

3033 N Grand BlvdOklahoma City, OK 73107
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Mid-Town Apartments
1 to 2 Bedroom Apartments

Mid-Town Apartments

6001 N Brookline AveOklahoma City, OK 73112
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The Vintage Apartments
1 Bedroom Apartments

The Vintage Apartments

2037 NW 26th StOklahoma City, OK 73106
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Elevate Apartments
1 to 2 Bedroom Apartments

Elevate Apartments

6101 N May AveOklahoma City, OK 73112

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 Studio unit found at Crestpark Apartments priced from $625. Campus Pointe Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $640. Here are the most affordable 50 Penn West apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Crestpark ApartmentsPerfect place to call home!Studio,1BA$625
Campus Pointe ApartmentsMake this lovely Studio your next home! And get...Studio,1BA$640
Vines at AdamsStudioStudio,1BA$651
The Warwick1C1BR,1BA$673
Newport Granada Apartments1 Bed, 1 Bath1BR,1BA$695
3509 N Nesbitt Ave1 Bedroom1BR,1BA$695
The Vintage Apartments1 Bedroom 1 Bath1BR,1BA$720
The Colonies Apartments1 Br1BR,1BA$730
The PinesALL BILLS PAID Immediate move-in available!!Studio,1BA$750
21Penn1-1(W&D)1BR,1BA$750

Best Value Apartments for Rent in 50 Penn West, OK

As of June 01, 2025 the best value apartment in the 50 Penn West area is the $0.76 price per square foot La Villa- 2 Bedroom Waitlist- Secure your spot ... Model at LaVilla in the in the Suburban Northside neighborhood starting from $1,100. 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.
LaVillaLa Villa- 2 Bedroom Waitlist- Secure your spot ...2BR,2BA$0.76
1100 NW 27th St.2BR/1.0BA2BR,1BA$0.88
The Warwick2B2BR,2BA$1.11
The Retreat at Lakeside2x12BR,1BA$1.10
Wedgewood VillageA2 R1BR,1.5BA$1.13
Manchester on MayMAN1121BR,1BA$1.10
Vintage at 50thA11BR,1BA$1.14
Villas on 50th1x1 MD1BR,1BA$1.13
3509 N Nesbitt Ave1 Bedroom1BR,1BA$1.02
Newport Granada Apartments1 Bed, 1 Bath1BR,1BA$1.19

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Pet Friendly Lifestyle
50 Penn West, Oklahoma City, OK

Ranked #48

Among neighborhoods in Oklahoma City, OK for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the 50 Penn West Neighborhood in Oklahoma City, OK

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap 50 Penn West Apartments

What is a cheap apartment in 50 Penn West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in 50 Penn West is under $750.

What is the price of a cheap apartment in 50 Penn West?

The cheapest apartment in 50 Penn West is The Warwick which is listed at $673, while the average apartment in 50 Penn West costs $1,966.

What types of apartments are the cheapest in 50 Penn West?

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 55 regular apartments in 50 Penn West 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 50 Penn West?

Cheap apartments in 50 Penn West have an average cost of $261 which is $1,705 cheaper than the average rent for all rentals in 50 Penn West.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.