Cheap Homes for Rent in Oklahoma City, OK from $500 (357 Rentals)

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Oklahoma City, OK Local Guide

Cheapest Neighborhoods for Apartments in Oklahoma City, OK

Pricing Updated: 08/08/2025

Current apartment rentals in the Oklahoma City, OK area range in price from $550 to $20,000 with an overall median price of $2,198. The three Oklahoma City neighborhoods with the lowest median rent pricing are Bluff Creek at $680, Rockwood at $845, and Edwards Community at $1,050. 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
Bluff Creek$680$6801
Rockwood$845$8451
Edwards Community$1,050$1,0501
Del Mar Laning$1,100$8152
Garden Neighborhood Council$1,100$1,1001
Ski Island Lake Club$1,145$1,1451
NOVA$1,250$1,2501
Del City$1,295$77534
North Highland$1,297$7954
Western Village Pied Piper$1,400$9754

Cheapest Available Oklahoma City Apartments for Rent

 

The cheapest available apartment rental in Oklahoma City, OK is a 1 Bed unit found at Amberwood Apartments in the Warr Acres neighborhood priced from $530. Altitude 405 in the Meridian Avenue Hospitality Corridor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $543. Here is today’s list of the most affordable Oklahoma City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Amberwood Apartments1 Bed1BR,1BA$530
Altitude 405The BrittonStudio,1BA$543
Dunbar Commons1 BED1BR,1BA$595
10 West Apartments1 Bedroom1BR,1BA$605
The Avery Oklahoma CityA1R1BR,1BA$606
Auburn Lane Apartments1 Bed Loft1BR,1BA$608
The RidgeStudioStudio,1BA$610
Hillcrest GreenThe Maxwell1BR,1BA$613
Woodland HillsWH: 1 Bed v11BR,1BA$630
Campus Pointe ApartmentsLovely spacious studio apartments ready to move...Studio,1BA$640

Best Value Apartments for Rent in Oklahoma City, OK

As of August 08, 2025 the best value apartment in the Oklahoma City area is the $0.74 price per square foot C3 Model at Lakewood Estates Apartments in the in the Suburban Northside neighborhood starting from $1,000. The second greatest value Oklahoma City apartment is the 4BR Model at Rendezvous starting at $599 with a $0.45 price per square foot in the Outer Northeast Oklahoma City 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.
Lakewood Estates ApartmentsC33BR,2BA$0.74
Rendezvous4BR4BR,4BA$0.45
Highland Oaks Apartments3x23BR,2BA$0.85
The Villas at Choctaw CreekThree Bed3BR,2BA$0.75
Amberwood Apartments2 Bed2BR,1BA$0.68
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$0.81
Cottage Park Newcastle **Senior Community**One Bed1BR,1BA$0.78
Carmel Terrace17-A 1 Bed/1.5 Bath1BR,1.5BA$0.81
Auburn Lane Apartments1 Bed Flat1BR,1BA$0.78
Verde Vista1 Bed, 1 Bath1BR,1BA$0.84

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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Frequently Asked Questions about Oklahoma City

What type of rentals are currently available in Oklahoma City?

There are currently 1486 Apartments for Rent in Oklahoma City, OK with pricing that ranges from $513 to $13,500. There are also 1510 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oklahoma City ranging from $550 to $20,000.

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 $550 to $20,000 with an average monthly rent of $2,323.

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 $11,565, while Three Bedroom Homes, Condos, and Townhomes for rent range from $638 to $9,999. Four Bedroom Single-Family rentals are also available starting from $1,025 and Four Bedroom Apartments start at $1,365.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.