Cheap Apartments for Rent in the Downtown Oklahoma City Neighborhood of Oklahoma City, OK from $550 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
West Village
$1,118 - $2,711

Total Monthly Price

Base Rent$1,118 - $2,711

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

West Village

835 W Sheridan AveOklahoma City, OK 73106
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
The Haven
Rent Specials
$1,227 - $2,321

Total Monthly Price

Base Rent$1,227 - $2,321

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Haven

601 Robert S Kerr AveOklahoma City, OK 73102
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Walford Apartments
Studio to 2 Bedroom Apartments

Walford Apartments

518 NW 12th StOklahoma City, OK 73103
close
View Me
The Florence
Studio Apartments

The Florence

429 NW 11th StOklahoma City, OK 73103
  • Utilities Included
close
View Me
The Frank
1 Bedroom Apartments

The Frank

1201 N FrancisOklahoma City, OK 73106
close
View Me
Rene Apartments
1 Bedroom Apartments

Rene Apartments

1312 N Francis AveOklahoma City, OK 73106
close
View Me
Hadden Hall
1 Bedroom Apartments

Hadden Hall

215 NW 10th StOklahoma City, OK 73103

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!

close
View Me
The Montgomery
Studio to 2 Bedroom Apartments

The Montgomery

500 W Main StOklahoma City, OK 73102
Corporate Housing
  • Utilities Included
close
View Me
Harvey Lofts
Studio to 1 Bedroom Apartments

Harvey Lofts

1209 N Harvey AveOklahoma City, OK 73103
  • Smoke Free
close
View Me
1217 N. Francis
1 Bedroom Apartments

1217 N. Francis

1217 N Francis AveOklahoma City, OK 73106
close
View Me
The Mayfair
1 Bedroom Apartments

The Mayfair

1315 N Broadway PlOklahoma City, OK 73103
close
View Me
Metropolitan
Studio to 3 Bedroom Apartments

Metropolitan

800 N Oklahoma AveOklahoma City, OK 73104
Corporate Housing

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.

close
View Me
222 East Main Street
2 Bedroom Apartments

222 East Main Street

222 E Main StOklahoma City, OK 73104
  • Utilities Included
  • Smoke Free
close
View Me
444 N Central Ave
2 Bedroom Apartments

444 N Central Ave

444 N Central AveOklahoma City, OK 73104

Downtown Oklahoma City, Oklahoma City, OK Local Guide

Cheapest Available Downtown Oklahoma City Apartments for Rent

 

The cheapest available apartment rental in the Downtown Oklahoma City area of Oklahoma City, OK is a Studio unit found at The Pulse priced from $799. Historical 1 Bedroom SPACIOUS units! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $831. Here are the most affordable Downtown Oklahoma City apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
The PulseS2.1Studio,1BA$799
Historical 1 Bedroom SPACIOUS units!1BR/1.0BA1BR,1BA$831
The Regency ApartmentsE-1 RenoXStudio,1BA$965
Ayva at MidtownL-21BR,1BA$995
The ShayMiniStudio,1BA$1,000
Park HarveyGrand Studio AStudio,1BA$1,045
The HarlowS-S7Studio,1BA$1,075
West VillageBelleStudio,1BA$1,122
The Maywood ApartmentsThe Morrison1BR,1BA$1,165
MuseE1Studio,1BA$1,199

Best Value Apartments for Rent in Downtown Oklahoma City, OK

As of September 11, 2026 the best value apartment in the Downtown Oklahoma City area is the $1.87 price per square foot Merida 7 Model at The Spaniard in the in the Deep Deuce neighborhood starting from $4,995. The second greatest value Downtown Oklahoma City apartment is the Beverly Model at Bower starting at $3,900 with a $1.77 price per square foot in the Oklahoma School Of Science And Mathematics neighborhood. Here is today’s list of the best values for Downtown Oklahoma City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The SpaniardMerida 73BR,3.5BA$1.87
BowerBeverly4BR,3BA$1.77
The HavenB2 Renovated 2 Bed 2Bath with a Study2BR,2BA$1.47
5th Avenue LoftsLoftsStudio ,1BA$1.45
Aviare Arts DistrictVan Gogh1BR,1BA$1.62
Historical 1 Bedroom SPACIOUS units!1BR/1.0BA1BR,1BA$0.92
The Maywood ApartmentsThe Beatles1BR,1BA$1.81
Deep Deuce at Bricktown ApartmentsA3 | Renovated1BR,1BA$2.01
SteelyardCOPPER (CU)1BR,1BA$2.04
Park HarveyStudio BStudio ,1BA$1.92

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 Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Oklahoma City, Oklahoma City, OK

Ranked #54

Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Downtown Oklahoma City, Oklahoma City, and the greater Oklahoma City area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Oklahoma City Apartments

What is a cheap apartment in Downtown Oklahoma City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Oklahoma City is under $1,199.

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

The cheapest apartment in Downtown Oklahoma City is Historical 1 Bedroom SPACIOUS units! which is listed at $831, while the average apartment in Downtown Oklahoma City costs $1,610.

What types of apartments are the cheapest in Downtown 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 31 regular apartments in Downtown 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 Downtown Oklahoma City?

Cheap apartments in Downtown Oklahoma City have an average cost of $284 which is $1,326 cheaper than the average rent for all rentals in Downtown 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

decorative image for Live Close to Work: Prime Oklahoma City Neighborhoods to Rent Near Top Job Providers article

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.

decorative image for The Best of OKC Living: Your Local Expert's Guide to Making Oklahoma City Your Home article

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.

decorative image for OKC College Life: Top Neighborhoods to Rent for Students and University Staff article

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.

decorative image for Oklahoma Citys Hidden Gems: Your Guide to Finding the Perfect Affordable Neighborhood to Rent article

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.