Cheap Apartments for Rent in the Lake Hefner Neighborhood of Oklahoma City, OK from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Hefner area of Oklahoma City.

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X-Vines
1 to 2 Bedroom Apartments

X-Vines

1119-1121 NW 82nd StOklahoma City, OK 73114
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Summit Condominiums
Studio to 2 Bedroom Apartments

Summit Condominiums

11510 N May AveOklahoma City, OK 73120
  • Utilities Included
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The Legacy on Penn
1 to 3 Bedroom Apartments

The Legacy on Penn

1123 N Pennsylvania AveOklahoma City, OK 73120
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Grouse Run Apartments
1 to 2 Bedroom Apartments

Grouse Run Apartments

2401 NW 122nd StOklahoma City, OK 73120
  • Utilities Included
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Quail Plaza OK City
Studio to 2 Bedroom Apartments

Quail Plaza OK City

11004 N May AveOklahoma City, OK 73120
  • Utilities Included

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Showing Results 1-29, Page 1 of 1

Cheapest Available Lake Hefner Apartments for Rent

 

The cheapest available apartment rental in the Lake Hefner area of Oklahoma City, OK is a 1 Bed unit found at Penn Station priced from $698. English Village North Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Lake Hefner apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Penn StationA21BR,1BA$698
English Village North Apartments1 Bedroom1BR,1BA$745
Quail RidgeA1 Modern1BR,1BA$775
Quail RunA21BR,1BA$775
North Village ApartmentsPrimer mes de renta gratis - Para mas informaci...1BR,1BA$799
Aspen Place* ONE MONTH FREE * Beautiful 2 bedroom apartment *2BR,1BA$819
Residences at LakeshoreLS 1A1BR,1BA$849
The Cottages at Hefner RoadTRADITIONAL LUXURY 1B/1B1BR,1BA$849
Summerfield Place1 Bed with Bay Window and Creek View Optional1BR,1BA$859
The Avery Oklahoma CityB1R2BR,1BA$865

Best Value Apartments for Rent in Lake Hefner, OK

As of April 29, 2026 the best value apartment in the Lake Hefner area is the $1.21 price per square foot C1 Renovated Model at Esplanade By The Lake in the in the Suburban Northside neighborhood starting from $1,399. The second greatest value Lake Hefner apartment is the Deluxe - B2 The Laguna Model at The North Shore Apartments starting at $1,125 with a $1.03 price per square foot in the Suburban Northside neighborhood. Here is today’s list of the best values for Lake Hefner apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Esplanade By The LakeC1 Renovated3BR,2BA$1.21
The North Shore ApartmentsDeluxe - B2 The Laguna2BR,2BA$1.03
Quail RunB22BR,2BA$1.25
The CurrentA14-2X1P2BR,1BA$1.16
Aspen Place* Beautiful 2 bedroom apartment *2BR,1BA$0.91
Residences at LakeshoreLS 1A1BR,1BA$1.13
Indigo1x1 Paseo1BR,1BA$1.18
The Avery Oklahoma CityA1R1BR,1BA$1.20
North Village ApartmentsPrimer mes de renta gratis - Para mas informaci...1BR,1BA$1.08
English Village North Apartments1 Bedroom1BR,1BA$1.24

Frequently Asked Questions about Cheap Lake Hefner Apartments

What is a cheap apartment in Lake Hefner?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Hefner is under $865.

What is the price of a cheap apartment in Lake Hefner?

The cheapest apartment in Lake Hefner is Penn Station which is listed at $736, while the average apartment in Lake Hefner costs $1,445.

What types of apartments are the cheapest in Lake Hefner?

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 55 regular apartments in Lake Hefner 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 Lake Hefner?

Cheap apartments in Lake Hefner have an average cost of $188 which is $1,257 cheaper than the average rent for all rentals in Lake Hefner.

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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