
Cheap Homes for Rent in the 50 Penn West Neighborhood of Oklahoma City, OK from $750 (40 Rentals)
Search the lowest-cost Homes available for rent right now in the 50 Penn West area of Oklahoma City.


1507 NW 28th St

2442 NW 39th-202, Unit 202

2943 Pioneer Ave

2006 NW 26th St

4136 NW 36th-C

1117 NW 38th St, Unit 1119A

805 NW 66th St
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.

3125 NW 25th St

3720 N Pennsylvania Ave, Unit 214

Furnished Studio-Oklahoma City - Bethany

6101 N Brookline Ave

1430 NW 25th St

1501 NW 42nd St

2900 NW 46th St

2442 NW 39th-103, Unit 103
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.

3836 NW 27th-

4409 N Military Ave

3029 NW 26th St

3033 NW 31st St

1004 NW 31st St

3617 1/2 N Drexel Blvd

1123 NW 30th St

711 W Hill 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!

2916 Shirley Ln

2024 NW 26th St

5020 Memory Ln

3615 N Drexel Blvd, Unit 3613

2029 NW 32nd Terrace

3920 N Classen Blvd

3013 Shirley Ln

3029 NW 46th St
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.

802 NW 31st St

2609 N Shartel Ave

1521 NW 45th St

3132 NW 28th St

2247 NW 34th St

1131 NW 47th St

1129 NW 47th St

2145 NW 32nd St
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50 Penn West, Oklahoma City, OK Local Guide

How much does it cost to rent a home in 50 Penn West?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 50 Penn West 2 Bedroom Homes for Rent | $1,300 | $815 | $2,850 |
| 50 Penn West 3 Bedroom Homes for Rent | $1,716 | $860 | $3,600 |
| 50 Penn West 4 Bedroom Homes for Rent | $2,140 | $1,700 | $3,000 |
| 50 Penn West 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the 50 Penn West Neighborhood of Oklahoma City, OK.
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50 Penn West, Oklahoma City, OK Local Guide
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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 $650. 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 | $650 |
| The Warwick Apartment Homes | 1B | 1BR,1BA | $664 |
| Campus Pointe | Junior Up | Studio,1BA | $699 |
| Belle Isle Terrace | BEL1B1BR | 1BR,1BA | $709 |
| 32nd Street Apartments | 1 Beds, 1 Baths | 1BR,1BA | $725 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $725 |
| The Colonies Apartments | 1 Br | 1BR,1BA | $725 |
| Villas on 50th | 1x1 MD | 1BR,1BA | $750 |
| 21Penn | 1-1 | 1BR,1BA | $750 |
Best Value Apartments for Rent in 50 Penn West, OK
As of September 08, 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 B2 Model at Vintage at 50th starting at $1,035 with a $0.85 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. |
|---|---|---|---|
| 711 NW 30th St | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
| Vintage at 50th | B2 | 2BR,2BA | $0.85 |
| 1100 NW 27th St. | 2BR/1.0BA | 2BR,1BA | $0.88 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $0.81 |
| The Pines | 2+1 | 2BR,1BA | $1.16 |
| The Current Apartments | The Villager | 1BR,1.5BA | $1.12 |
| Villas on 50th | 1x1 MD | 1BR,1BA | $1.00 |
| 32nd Street Apartments | 1 Beds, 1 Baths | 1BR,1BA | $0.97 |
| Belle Isle Terrace | BEL1B1BR | 1BR,1BA | $0.98 |
| The Warwick Apartment Homes | 1A | 1BR,1BA | $1.02 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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.
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 #44
Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in 50 Penn West, Oklahoma City, OK
Northwest Classen High School
School data provided by Great Schools
Frequently Asked Questions about 50 Penn West
What type of rentals are currently available in 50 Penn West?
There are currently 183 Apartments for Rent in 50 Penn West, OK with pricing that ranges from $624 to $15,010. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in 50 Penn West ranging from $750 to $4,200.
What is the current price range for Rental Homes in 50 Penn West?
Today's rental pricing for Homes for Rent, Condos and Townhomes in 50 Penn West ranges from $750 to $4,200 with an average monthly rent of $1,539.
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

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.

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.

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.

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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.