Cheap Homes for Rent in the Downtown Oklahoma City Neighborhood of Oklahoma City, OK from $1,500 (3 Rentals)

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

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.

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.

Downtown Oklahoma City, Oklahoma City, OK Local Guide

Best Value Apartments for Rent in Downtown Oklahoma City, OK

As of July 31, 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 $4,000 with a $1.81 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$1.81
The MontgomeryB1 RPLUS2BR,2BA$2.08
LIFTWAVE2BR,2BA$1.81
Aviare Arts DistrictVan Gogh1BR,1BA$1.69
Francis Residential Building1BR/1.0BA1BR,1BA$1.79
Deep Deuce at Bricktown ApartmentsA2 | Renovated1BR,1BA$2.25
The Edge at MidtownYellowstone1BR,1BA$2.13
The Maywood ApartmentsThe Axle1BR,1BA$2.07
Park HarveyStudio BStudio ,1BA$1.85

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

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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 #58

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Oklahoma City

What type of rentals are currently available in Downtown Oklahoma City?

There are currently 78 Apartments for Rent in Downtown Oklahoma City, OK with pricing that ranges from $799 to $11,784. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oklahoma City ranging from $1,595 to $6,995.

What is the current price range for Rental Homes in Downtown Oklahoma City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Oklahoma City ranges from $1,595 to $6,995 with an average monthly rent of $3,526.

How much are larger Three and Four Bedroom Rentals in Downtown Oklahoma City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Oklahoma City range from $2,118 to $4,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $4,000.

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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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.

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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.

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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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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

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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.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.