
Cheap Apartments for Rent in the May Penn Neighborhood of Oklahoma City, OK from $400 (136 Rentals)
Search the lowest-cost Apartments available for rent right now in the May Penn area of Oklahoma City.


The Vintage Apartments

Newport Granada Apartments

1412 NW 11th St

437 NW 26th St

Campus Pointe

Copper Ridge Apartments

Belle Isle Terrace

Crestpark Apartments

Villas on 50th
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.

The Colonies Apartments

21Penn

The Pines

2030 NW 25th St, Unit 4

2030 NW 25th St, Unit 17

2030 NW 25th St, Unit 1

2030 NW 25th St, Unit 2

2030 NW 25th St, Unit 9

2030 NW 25th St, Unit 15

2030 NW 25th St, Unit 6
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

The Vic - East

The Warwick

Flamingo

2609 NW 12th St

1629 NW 22nd St

3205 NW 14th St

New Saigon

Vintage at 50th

Manchester on May

Copperfield Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Furnished Studio-Oklahoma City - Bethany

5560 Medical Center Apartments

Paseo24 Apartments

1207 N Ross Ave, Unit 1

2515 N Douglas Ave

1410 NW 25th St

1102 NW 27th St

Sienna Ridge

1101 NW 27th St

2432 NW 12th St
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Sandstone Ridge

804 NW 21st St

The Grayson

Total Monthly Price
718 NW 32nd St, Unit 718

La Villa

3211 N Military Ave

2225 N Gatewood Ave

1114 NW 42nd St

3828 NW 29th St

Tiffany Retro Apartments
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May Penn, Oklahoma City, OK Local Guide

How much does it cost to rent an apartment in May Penn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| May Penn Studio Apartments | $882 | $670 | $1,568 |
| May Penn 1 Bedroom Apartments | $1,270 | $550 | $10,000+ |
| May Penn 2 Bedroom Apartments | $1,574 | $750 | $7,100 |
| May Penn 3 Bedroom Apartments | $2,347 | $1,240 | $4,995 |
Browse Apartments in this Neighborhood
There are currently 136 rentals with your search options within a 2 mile radius of the May Penn Neighborhood of Oklahoma City, OK.
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May Penn, Oklahoma City, OK Local Guide
- Nearby Oklahoma City neighborhoods
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Cheapest Available May Penn Apartments for Rent
 The cheapest available apartment rental in the May Penn area of Oklahoma City, OK is a Studio unit found at Vines at Adams priced from $625. The Vintage Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable May Penn apartments for rent in Oklahoma City, OK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vines at Adams | Studio | Studio,1BA | $625 |
| The Vintage Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $650 |
| Newport Granada Apartments | 1 Bed, 1 Bath | 1BR,1BA | $680 |
| 1100 NW 27th St. | 1BR/1.0BA | 1BR,1BA | $695 |
| Campus Pointe | Junior Up | Studio,1BA | $699 |
| Belle Isle Terrace | BEL1B1BR | 1BR,1BA | $709 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $725 |
| 3509 N Nesbitt Ave | 1 Bedroom | 1BR,1BA | $745 |
| The Colonies Apartments | 1 Br | 1BR,1BA | $745 |
| The Pines | ALL BILLS PAID Immediate move-in available!! | Studio,1BA | $750 |
Best Value Apartments for Rent in May Penn, OK
As of June 14, 2026 the best value apartment in the May Penn area is the $1.01 price per square foot 2305 NW 16th St Model at 2305 NW 16th St, Unit C in the in the Miller neighborhood starting from $1,395. The second greatest value May Penn apartment is the 3 Beds, 2 Baths Model at 32nd Street Apartments starting at $1,175 with a $0.98 price per square foot in the Asia District neighborhood. Here is today’s list of the best values for May Penn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2305 NW 16th St, Unit C | 2305 NW 16th St | 2BR,1BA | $1.01 |
| 32nd Street Apartments | 3 Beds, 2 Baths | 3BR,2BA | $0.98 |
| Vintage at 50th | B1 | 2BR,2BA | $1.04 |
| 2229-2231 NW 12th St | 1 Beds, 1 Baths | 1BR,1BA | $0.91 |
| Villas on 50th | 1x1 XL | 1BR,1BA | $0.89 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $0.81 |
| 1100 NW 27th St. | 1BR/1.0BA | 1BR,1BA | $0.87 |
| Belle Isle Terrace | BEL1B1BR | 1BR,1BA | $0.98 |
| 3509 N Nesbitt Ave | 1 Bedroom | 1BR,1BA | $1.10 |
| Newport Granada Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.16 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Oklahoma City. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, apartment complexes for the kids, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap May Penn Apartments
What is a cheap apartment in May Penn?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in May Penn is under $750.
What is the price of a cheap apartment in May Penn?
The cheapest apartment in May Penn is The Vintage Apartments which is listed at $650, while the average apartment in May Penn costs $1,584.
What types of apartments are the cheapest in May Penn?
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 8 regular apartments in May Penn 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 May Penn?
Cheap apartments in May Penn have an average cost of $150 which is $1,434 cheaper than the average rent for all rentals in May Penn.
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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