Cheap Apartments for Rent in the Downtown Oklahoma City Neighborhood of Oklahoma City, OK from $500 (37 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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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
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The Shay
Studio to 1 Bedroom Apartments

The Shay

516 NW 8th StOklahoma City, OK 73102
Corporate Housing
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Hadden Hall
1 Bedroom Apartments

Hadden Hall

215 NW 10th StOklahoma City, OK 73103
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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
Showing Results 1-37, Page 1 of 1

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 $800. Claremont Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here are the most affordable Downtown Oklahoma City apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
The PulseS2.1Studio,1BA$800
Claremont ApartmentsStandard Studio ApartmentStudio,1BA$835
The Regency ApartmentsE1Studio,1BA$855
The Florence0 Beds, 1 BathsStudio,1BA$865
Ayva at Midtown0BR/1.0BAStudio,1BA$1,040
West VillageEddyStudio,1BA$1,041
The HarlowS-S7Studio,1BA$1,075
MuseE1Studio,1BA$1,090
The Maywood ApartmentsThe Morrison1BR,1BA$1,105
Aviare Arts DistrictPicasso1BR,1BA$1,150

Best Value Apartments for Rent in Downtown Oklahoma City, OK

As of December 25, 2025 the best value apartment in the Downtown Oklahoma City area is the $1.81 price per square foot Beverly Model at Bower in the in the Oklahoma School Of Science And Mathematics neighborhood starting from $4,000. The second greatest value Downtown Oklahoma City apartment is the B9 | Renovated Model at Deep Deuce at Bricktown Apartments starting at $2,333 with a $1.73 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.
BowerBeverly4BR,3BA$1.81
Deep Deuce at Bricktown ApartmentsB9 | Renovated3BR,2BA$1.73
Level Urban2E2BR,2BA$1.67
Aviare Arts DistrictVan Gogh1BR,1BA$1.61
600 NW 4th St, Unit #112600 NW 4th St2BR,2BA$1.42
The HavenB1 2 Bed 2 Bath2BR,2BA$1.57
Mosaic1C1BR,1BA$1.79
The Maywood ApartmentsThe Axle1BR,1BA$1.96
The Florence0 Beds, 1 BathsStudio ,1BA$1.44
Claremont ApartmentsStandard Studio ApartmentStudio ,1BA$1.90

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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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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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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Pet Friendly Lifestyle
Downtown Oklahoma City, Oklahoma City, OK

Ranked #51

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

Pet Friendliness Lifestyle Score

3.0
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 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 $1,150.

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

The cheapest apartment in Downtown Oklahoma City is The Regency Apartments which is listed at $985, while the average apartment in Downtown Oklahoma City costs $4,000.

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 60 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 $205 which is $3,795 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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.