Cheap Homes for Rent in Oklahoma City, OK from $500 (355 Rentals)

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

property at 7402 NW 10th St

$650 - $800

1 To 2 Bedroom Rentals

Available Aug 1

7402 NW 10th St

Oklahoma CityOK73127
property at 114 SE 40th St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Home for Rent

Available Now

114 SE 40th St

Oklahoma CityOK73129

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.

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

property at 1501 SW 30th St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1501 SW 30th St

Oklahoma CityOK73119
property at 1119 NW 9th St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Condo for Rent

Available Now

1119 NW 9th St, Unit A

1119 NW 9th St
Oklahoma CityOK73106

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.

property at 401 SE 12th St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Condo for Rent

Available Now

401 SE 12th St, Unit 143

401 SE 12th St
NormanOK73071

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.

property at 1115 NW 9th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

1115 NW 9th St

Oklahoma CityOK73106

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.

Oklahoma City, OK Local Guide

Cheapest Neighborhoods for Apartments in Oklahoma City, OK

Pricing Updated: 07/17/2026

Current apartment rentals in the Oklahoma City, OK area range in price from $500 to $25,000 with an overall median price of $2,381. The three Oklahoma City neighborhoods with the lowest median rent pricing are Del Mar Laning at $815, Akers Park at $815, and Rockwood at $880. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Oklahoma City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Del Mar Laning$850$8153
Akers Park$1,147$8157
Rockwood$1,150$8804
Boathouse District$1,195$9954
Edwards Community$1,222$1,0703
Britton$1,240$1,2002
Brookhaven West$1,325$1,3251
Paseo$1,345$8755
South Park Estates$1,345$1,0005
Oak Grove$1,350$1,3501

Cheapest Available Oklahoma City Apartments for Rent

 

The cheapest available apartment rental in Oklahoma City, OK is a 1 Bed unit found at 3333 S Walker Ave in the Inner City Southside neighborhood priced from $350. 10 West Apartments in the Meridian Avenue Hospitality Corridor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Oklahoma City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3333 S Walker Ave1 Beds, 1 Baths1BR,1BA$350
10 West Apartments1 Bedroom1BR,1BA$595
The RidgeStudioStudio,1BA$600
The Warwick1B1BR,1BA$624
Apts In The Parkone-bed flat1BR,1BA$625
Vines at AdamsStudioStudio,1BA$625
Sandhill ApartmentsA11BR,1BA$635
Calico Corners1 Bedroom1BR,1BA$645
The Apartments at Melrose Place1 Bedroom1BR,1BA$645
The APEXMake THE APEX your new home! 5O%OFF FIRST MONTH...Studio,1BA$649

Best Value Apartments for Rent in Oklahoma City, OK

As of July 17, 2026 the best value apartment in the Oklahoma City area is the $0.81 price per square foot 2 Bed 1.5 Bath - Townhome Model at The Aberdeen in the in the Oklahoma School Of Science And Mathematics neighborhood starting from $1,205. The second greatest value Oklahoma City apartment is the 3BR Townhome, W/D Hookups | Two Levels | NW OKC Model at Lakewood Estates Apartments starting at $1,100 with a $0.85 price per square foot in the Suburban Northside neighborhood. Here is today’s list of the best values for Oklahoma City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Aberdeen2 Bed 1.5 Bath - Townhome2BR,1.5BA$0.81
Lakewood Estates Apartments3BR Townhome, W/D Hookups | Two Levels | NW OKC3BR,2BA$0.85
FoxcroftC13BR,2BA$0.85
Sycamore Landing Senior Housing2 Beds, 1 bath2BR,1BA$0.67
Villas on 50th2x2 SM2BR,2BA$0.86
717 Ventura South Apartments2 Bed 1.5 Bath Townhome WD Luxury Rehab 1050 sq ft2BR,1.5BA$0.85
1100 NW 27th St.2BR/1.0BA2BR,1BA$0.88
Amberwood Apartments2 Bed2BR,1BA$0.74
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$0.81
Summit Apartments2x12BR,1BA$0.80

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

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Frequently Asked Questions about Oklahoma City

What type of rentals are currently available in Oklahoma City?

There are currently 1531 Apartments for Rent in Oklahoma City, OK with pricing that ranges from $500 to $15,010. There are also 1500 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oklahoma City ranging from $500 to $25,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oklahoma City ranges from $500 to $25,000 with an average monthly rent of $1,821.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oklahoma City range from $799 to $10,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $25,000. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $615.

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.

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