Cheap Apartments for Rent in the Downtown Oklahoma City Neighborhood of Oklahoma City, OK from $500 (34 Rentals)

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

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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LIFT
Rent Specials
$1,144 - $4,335Studio to 3 Bedroom Apartments Available Now

LIFT

801 NW 10th StOklahoma City, OK 73106
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  • Customer Reviewed
  • Matterport 3D Tour

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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Walford Apartments
Studio to 2 Bedroom Apartments

Walford Apartments

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

The Florence

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

The Frank

1201 N FrancisOklahoma City, OK 73106
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Rene Apartments
1 Bedroom Apartments

Rene Apartments

1312 N Francis AveOklahoma City, OK 73106

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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5th Avenue Lofts
Studio to 2 Bedroom Apartments

5th Avenue Lofts

601 N Broadway AveOklahoma City, OK 73102
  • Utilities Included
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Hadden Hall
1 Bedroom Apartments

Hadden Hall

215 NW 10th StOklahoma City, OK 73103
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The Shay
Studio to 1 Bedroom Apartments

The Shay

516 NW 8th StOklahoma City, OK 73102
Corporate Housing
  • Utilities Included
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Harvey Lofts
Studio to 1 Bedroom Apartments

Harvey Lofts

1209 N Harvey AveOklahoma City, OK 73103
  • Smoke Free

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.

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The Montgomery
Studio to 2 Bedroom Apartments

The Montgomery

500 W Main StOklahoma City, OK 73102
Corporate Housing
  • Utilities Included

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 $850. The Florence has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Downtown Oklahoma City apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
The PulseS2.1Studio,1BA$850
The Florence0 Beds, 1 BathsStudio,1BA$875
Park HarveyStudio AStudio,1BA$950
Ayva at Midtown0BR/1.0BAStudio,1BA$950
West VillageBelleStudio,1BA$954
The Regency ApartmentsE-1 RenoXStudio,1BA$965
Claremont ApartmentsStandard Studio ApartmentStudio,1BA$974
The HarlowS-S7Studio,1BA$1,075
The Maywood ApartmentsThe Morrison1BR,1BA$1,105
LIFTDRIFTStudio,1BA$1,144

Best Value Apartments for Rent in Downtown Oklahoma City, OK

As of November 09, 2025 the best value apartment in the Downtown Oklahoma City area is the $1.72 price per square foot 6 -Beverly Model at Bower in the in the Oklahoma School Of Science And Mathematics neighborhood starting from $3,800. The second greatest value Downtown Oklahoma City apartment is the 2A Model at Level Apartments starting at $1,725 with a $1.72 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.
Bower6 -Beverly4BR,3BA$1.72
Level Apartments2A2BR,2BA$1.72
Aviare Arts DistrictVan Gogh1BR,1BA$1.61
The HavenB1 2 Bed 2 Bath2BR,2BA$1.57
Townhouse2BR/1.0BA2BR,1BA$1.81
Deep Deuce at Bricktown ApartmentsA3 | Renovated1BR,1BA$1.92
Mosaic Apartments1A1BR,1BA$1.89
The Maywood ApartmentsThe Axle1BR,1BA$1.96
The Florence0 Beds, 1 BathsStudio ,1BA$1.46
Park HarveyStudio AStudio ,1BA$1.63

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Downtown Oklahoma City, Oklahoma City, OK

Ranked #35

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 the Cheapest Studio apartment in Downtown Oklahoma City?

Currently the most affordable Cheap Studio Apartment in Downtown Oklahoma City is at The Pulse listed at $850.

How much is rent for a Cheap One Bedroom Downtown Oklahoma City Apartment?

The lowest price for a Cheap One Bedroom Downtown Oklahoma City Apartment is $1,100 at The Harlow.

What is the lowest price for a Cheap Two Bedroom Downtown Oklahoma City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Oklahoma City is starting from $1,210 at The Regency Apartments.

What is the most affordable Downtown Oklahoma City Three Bedroom Apartment?

The best deal on a cheap Downtown Oklahoma City Three Bedroom Apartment rental is at The Haven and starts from $1,950.

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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.