Cheap Apartments for Rent in the Lake Hefner Neighborhood of Oklahoma City, OK from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Hefner 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.

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Best of OKC Living: Your Local Expert's Guide to Making Oklahoma City Your Home

Explore vibrant Oklahoma City, where the wild west meets the 21st century. Find plentiful jobs, affordable, high-quality apartments, a great climate, and endless recreation in OKC!

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property at 12601 N Pennsylvania Ave

$1,664 - $1,948

Total Monthly Price

Total Monthly Price

Base Rent
$1,664
Total Monthly Price
$1,664

1 Bedroom Rentals

Available Aug 17

12601 N Pennsylvania Ave

Oklahoma CityOK73120
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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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Shelton Village
1 to 3 Bedroom Apartments

Shelton Village

1000 NW 105th StOklahoma City, OK 73114

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.

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Aspen Way Apartments
1 to 2 Bedroom Apartments

Aspen Way Apartments

1000 NW 88th StOklahoma City, OK 73114
  • 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

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Chisholm Creek
3 Bedroom Apartments

Chisholm Creek

1305 Morton AveOklahoma City, OK 73114
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Nichols on Sherwood
2 Bedroom Apartments

Nichols on Sherwood

1110 Sherwood LnNichols Hills, OK 73116
  • Utilities Included
Showing Results 1-48, 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 Quail Ridge priced from $675. Aspen Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here are the most affordable Lake Hefner apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Quail RidgeA4 Traditional1BR,1BA$675
Aspen Place1x1 A Upgrade1BR,1BA$759
The Avery Oklahoma CityA1R1BR,1BA$768
RaindanceA11BR,1BA$769
Penn StationA11BR,1BA$769
Aspen Way ApartmentsAspen Way Apartments - A041BR,1BA$775
Residences at LakeshoreLS 1A1BR,1BA$786
The Ivy ApartmentsPrimer mes de renta gratis - Para mas informaci...1BR,1BA$799
TeagenA1U1BR,1BA$826
The Cottages at Hefner RoadTRADITIONAL LUXURY 1B/1B1BR,1BA$849

Best Value Apartments for Rent in Lake Hefner, OK

As of July 30, 2026 the best value apartment in the Lake Hefner area is the $1.21 price per square foot Three Bedroom, Two Bath 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 B2 Model at Quail Run starting at $1,225 with a $1.23 price per square foot in the Quail Springs 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 LakeThree Bedroom, Two Bath3BR,2BA$1.21
Quail RunB22BR,2BA$1.23
Aspen Way ApartmentsAspen Way Apartments - A011BR,1BA$0.91
The Current ApartmentsPalisade1BR,1BA$1.08
Residences at LakeshoreLS 1A1BR,1BA$1.05
TeagenA1U1BR,1BA$1.11
The Avery Oklahoma CityA1R1BR,1BA$1.03
The Ivy ApartmentsPrimer mes de renta gratis - Para mas informaci...1BR,1BA$1.08
RaindanceA1U1BR,1BA$1.17
Aspen Place1x1 A Upgrade1BR,1BA$1.08

Frequently Asked Questions about Cheap Lake Hefner Apartments

What is the Cheapest Studio apartment in Lake Hefner?

Currently the most affordable Cheap Studio Apartment in Lake Hefner is at Argon listed at $932.

How much is rent for a Cheap One Bedroom Lake Hefner Apartment?

The lowest price for a Cheap One Bedroom Lake Hefner Apartment is $675 at Quail Ridge.

What is the lowest price for a Cheap Two Bedroom Lake Hefner Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Hefner is starting from $785 at Quail Ridge.

What is the most affordable Lake Hefner Three Bedroom Apartment?

The best deal on a cheap Lake Hefner Three Bedroom Apartment rental is at The Ivy Apartments and starts from $1,149.

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

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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

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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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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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