Cheap Homes for Rent in Oklahoma City, OK from $500 (715 Rentals)

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

property at 1430 NW 25th St

1430 NW 25th 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.

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.

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.

property at 1410 NW 10th Street

1410 NW 10th Street

Oklahoma CityOK73106

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.

Oklahoma City, OK Local Guide

Cheapest Neighborhoods for Apartments in Oklahoma City, OK

Pricing Updated: 12/05/2025

Current apartment rentals in the Oklahoma City, OK area range in price from $585 to $10,000 with an overall median price of $2,110. The three Oklahoma City neighborhoods with the lowest median rent pricing are Rockwood at $845, Rosedale Gardens Summerfield at $1,000, and Edwards Community at $950. 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
Rockwood$847$8452
Rosedale Gardens Summerfield$1,000$1,0001
Edwards Community$1,025$9502
Del Mar Laning$1,100$8154
Garden Neighborhood Council$1,100$8951
Akers Park$1,175$8159
Manwell Acres$1,175$80024
Ski Island Lake Club$1,195$1,1951
South Park Estates$1,200$9509
Greenvale$1,225$80027

Cheapest Available Oklahoma City Apartments for Rent

 

The cheapest available apartment rental in Oklahoma City, OK is a 1 Bed unit found at Lake Hefner Townhomes in the Suburban Northside neighborhood priced from $600. Pickwick Place in the Meridian Avenue Hospitality Corridor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $601. Here is today’s list of the most affordable Oklahoma City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Hefner TownhomesOne Bedroom1BR,1BA$600
Pickwick Place21-F 1 Bed/1 Bath1BR,1BA$601
10 West Apartments1 Bedroom1BR,1BA$605
Hillcrest GreenThe Maxwell1BR,1BA$613
Altitude 405The Bricktown1BR,1BA$617
Shoreview Apartments1 bedroom 1 bath1BR,1BA$620
Woodland HillsOur 1-Bed: Beauty, Comfort, and What a Deal!1BR,1BA$630
Calico Corners1 Bedroom1BR,1BA$645
Verde Vista1 Bed, 1 Bath1BR,1BA$645

Best Value Apartments for Rent in Oklahoma City, OK

As of December 05, 2025 the best value apartment in the Oklahoma City area is the $0.88 price per square foot C3 - Three Bedroom Model at The Reserve at Quail North in the in the Quail Springs neighborhood starting from $1,472. The second greatest value Oklahoma City apartment is the Three Bed Model at The Villas at Choctaw Creek starting at $946 with a $0.75 price per square foot in the Outer Midwest 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.
The Reserve at Quail NorthC3 - Three Bedroom3BR,2.5BA$0.88
The Villas at Choctaw CreekThree Bed3BR,2BA$0.75
Vintage at 50thB22BR,2BA$0.86
Hillcrest Residences3bed x 1.5bath **Exciting New Management Specia...3BR,1.5BA$0.81
1121 NW 28th St, Unit 11121 NW 28th St2BR,1BA$0.75
Amberwood Apartments2 Bed2BR,1BA$0.74
Carmel Terrace05F - 2 Bed/1.5 Bath2BR,1.5BA$0.84
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$0.81
Heights On 44th1 Bed, 1 Bath (Large)1BR,1BA$0.89
Verde Vista1 Bed, 1 Bath1BR,1BA$0.84

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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Oklahoma City, OK
Population: 649,021

Ranked #27

in US Census Population by City

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Pet Friendly Lifestyle
Oklahoma City, OK

Ranked #1

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 1521 Apartments for Rent in Oklahoma City, OK with pricing that ranges from $525 to $15,010. There are also 1821 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oklahoma City ranging from $585 to $10,000.

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 $585 to $10,000 with an average monthly rent of $1,577.

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 $789 to $11,565, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $599.

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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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.

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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!