Cheap New Apartments for Rent in Oklahoma City, OK from $300 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oklahoma City.

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.

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West Village
$1,031 - $2,466
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Total Monthly Price

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$1,031 - $2,466
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Built in 2018Studio to 3 Bedroom Apartments Available Now

West Village

835 W Sheridan AveOklahoma City, OK 73106
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The Reserve at Quail North
Rent Specials
$1,045 - $1,583
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$1,045 - $1,583
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Built in 20161 to 3 Bedroom Apartments Available Now

The Reserve at Quail North

2600 Watermark BlvdOklahoma City, OK 73134
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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

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The Landing OKC
$1,162 - $2,194
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Total Monthly Price

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$1,162 - $2,194
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Built in 20171 to 3 Bedroom Apartments Available Now

The Landing OKC

4800 E Interstate 240 Service RdOklahoma City, OK 73135
Corporate Housing
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Muse
Rent Specials
$1,175 - $2,094Built in 2022Studio to 2 Bedroom Apartments Available Now

Muse

700 NW 4th StOklahoma City, OK 73102
Corporate Housing
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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.

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The Legacy on Penn
Built in 20241 to 3 Bedroom Apartments

The Legacy on Penn

1123 N Pennsylvania AveOklahoma City, OK 73120
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The Estates at Rockwell
Built in 20211 to 3 Bedroom Apartments

The Estates at Rockwell

7400 N Rockwell AveOklahoma City, OK 73132
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Villas of Melrose
Built in 20251 to 2 Bedroom Apartments

Villas of Melrose

8009 Melrose LnOklahoma City, OK 73127
Senior Living
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Southern Commons
Built in 20231 to 2 Bedroom Apartments

Southern Commons

6000 E I-240 Service RdOklahoma City, OK 73135
Senior Living
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The Frank
Built in 20161 Bedroom Apartments

The Frank

1201 N FrancisOklahoma City, OK 73106
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Hillcrest Green II
Built in 20251 Bedroom Apartments

Hillcrest Green II

3339 SW 74th StOklahoma City, OK 73159
Senior Living

Cash 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.

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North Pointe Townhomes
Built in 20232 to 3 Bedroom Apartments

North Pointe Townhomes

11800 N Western AveOklahoma City, OK 73114
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The Gates OKC
Built in 20251 to 3 Bedroom Apartments

The Gates OKC

820 NW 122nd StOklahoma City, OK 73114
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B12
Built in 2024Studio to 2 Bedroom Apartments

B12

1625 NW 12th StOklahoma City, OK 73106
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Oklahoma City, OK Local Guide

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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oklahoma City, OK Rentals by Map

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See the most popular apartments and homes in Oklahoma City, OK

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Frequently Asked Questions about Cheap Oklahoma City Apartments

What is a cheap apartment in Oklahoma City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oklahoma City is under $655.

What is the price of a cheap apartment in Oklahoma City?

The cheapest apartment in Oklahoma City is 10 West Apartments which is listed at $570, while the average apartment in Oklahoma City costs $2,015.

What types of apartments are the cheapest in Oklahoma City?

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 6,724 regular apartments in Oklahoma City 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 Oklahoma City?

Cheap apartments in Oklahoma City have an average cost of $439 which is $1,576 cheaper than the average rent for all rentals in Oklahoma City.

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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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.

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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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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.