
Cheap Homes for Rent in 50 Penn West Neighborhood of Oklahoma City, OK from $700 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the 50 Penn West area of Oklahoma City.


3615 N Tulsa Ave

2141 NW 29th St

2143 NW 29th St

2442 NW 39th St

Furnished Studio-Oklahoma City - Bethany

805 NW 66th St

2912 N Independence Ave
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.

2832 N Woodward Ave

1201 Military Ct

3100 NW 33rd St

1203 Military Ct

3912 NW 32nd St

2024 NW 26th St

4610 N Independence Ave

4600 N Hamilton Dr
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

2924 Pioneer Ave

1235 NW 45th St

2477 NW 40th St

3829 NW 26th St

3044 NW 28th St

1521 NW 45th St

4610 N Classen Blvd

3801 NW 51st 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.

2144 NW 36th St

4400 Hemingway Dr

3141 NW 32nd St

3004 Somerset Pl

3721 N Lee Ave

3611 N Drexel Blvd

2236 NW 37th St

3929 NW 32nd St
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802 NW 31st St

2400 NW 36th St
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 | $1,351 | $825 | $3,000 |
| 50 Penn West 3 Bedroom Homes for Rent | $1,861 | $1,150 | $4,995 |
| 50 Penn West 4 Bedroom Homes for Rent | $2,487 | $1,650 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 34 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. Newport Granada Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. 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 |
| Newport Granada Apartments | 1 Bed, 1 Bath | 1BR,1BA | $680 |
| 1100 NW 27th St. | 1BR/1.0BA | 1BR,1BA | $695 |
| Campus Pointe Apartments | Junior Up | Studio,1BA | $699 |
| Copper Ridge Apartments | 1 Bed - First Floor | 1BR,1BA | $700 |
| Belle Isle Terrace | Gorgeous 1 bed/1 bath units at Belle Isle Terrace | 1BR,1BA | $709 |
| The Warwick | 1C | 1BR,1BA | $716 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $725 |
| 3509 N Nesbitt Ave | 1 Bedroom | 1BR,1BA | $745 |
| Villas on 50th | 1x1 MD | 1BR,1BA | $750 |
Best Value Apartments for Rent in 50 Penn West, OK
As of April 17, 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 $977 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 |
| Vintage at 50th | A2 | 1BR,1BA | $1.10 |
| Villas on 50th | 1x1 MD | 1BR,1BA | $1.00 |
| 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 |
| Newport Granada Apartments | 1 Bed, 1 Bath | 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
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Read ArticleCash 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.
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 #42
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
Frequently Asked Questions about 50 Penn West
What type of rentals are currently available in 50 Penn West?
There are currently 179 Apartments for Rent in 50 Penn West, OK with pricing that ranges from $650 to $15,010. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in 50 Penn West ranging from $775 to $4,995.
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 $775 to $4,995 with an average monthly rent of $1,517.
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
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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.

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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
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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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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.