
Cheap Apartments for Rent in the May Penn Neighborhood of Oklahoma City, OK from $400 (141 Rentals)
Search the lowest-cost Apartments available for rent right now in the May Penn area of Oklahoma City.


The Warwick Apartment Homes

Vines at Adams

The Vintage Apartments

437 NW 26th St

3818 N Pennsylvania Ave, Unit 101

Campus Pointe

Belle Isle Terrace

Crestpark Apartments

Villas on 50th
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.

1919 NW 11th St

The Colonies Apartments

21Penn

The Pines

Copper Ridge Apartments

Copperfield Apartments

Flamingo

Newport Granada Apartments

Vintage at 50th

2030 NW 25th St, Unit 6
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2030 NW 25th St, Unit 4

2030 NW 25th St, Unit 9

2030 NW 25th St, Unit 17

2030 NW 25th St, Unit 2

2030 NW 25th St, Unit 15

2030 NW 25th St, Unit 1

Paseo24 Apartments

Manchester on May

Furnished Studio-Oklahoma City - Bethany

5560 Medical Center Apartments
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!

2224 NW 16th St

Sienna Ridge

1207 N Ross Ave, Unit 1

2515 N Douglas Ave

The Vic - East

1102 NW 27th St

3720 N Pennsylvania Ave, Unit 214

1101 NW 27th St

2816 N Walker Ave

2527 NW 20th St
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.

1507 1/2 NW 17th St

Sandstone Ridge

804 NW 21st St

The Grayson

Total Monthly Price
1207 N Ross Ave, Unit 3

Total Monthly Price
718 NW 32nd St, Unit 718

La Villa

3211 N Military Ave

2442 NW 39th-103, Unit 103

1841 N Gatewood Ave
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.
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 | $956 | $685 | $1,578 |
| May Penn 1 Bedroom Apartments | $1,186 | $600 | $10,000+ |
| May Penn 2 Bedroom Apartments | $1,427 | $730 | $7,100 |
| May Penn 3 Bedroom Apartments | $2,159 | $1,203 | $4,995 |
Browse Apartments in this Neighborhood
There are currently 141 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
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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 1 Bed unit found at The Warwick Apartment Homes priced from $624. Vines at Adams has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable May Penn apartments for rent in Oklahoma City, OK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Warwick Apartment Homes | 1B | 1BR,1BA | $624 |
| Vines at Adams | Studio | Studio,1BA | $625 |
| 1100 NW 27th St. | 1BR/1.0BA | 1BR,1BA | $650 |
| Campus Pointe | Junior Up | Studio,1BA | $699 |
| Belle Isle Terrace | BEL1B1BR | 1BR,1BA | $709 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $725 |
| The Colonies Apartments | 1 Br | 1BR,1BA | $745 |
| The Pines | ALL BILLS PAID Immediate move-in available!! | Studio,1BA | $750 |
| 21Penn | 1-1 | 1BR,1BA | $750 |
| Windsor Court Apartments | Studio | Studio,1BA | $750 |
Best Value Apartments for Rent in May Penn, OK
As of July 29, 2026 the best value apartment in the May Penn area is the $1.15 price per square foot 2 Beds, 2 Baths Model at 711 NW 30th St in the in the Adventure District neighborhood starting from $1,495. The second greatest value May Penn apartment is the 2BR/1.0BA Model at 1100 NW 27th St. starting at $895 with a $0.88 price per square foot in the Adventure 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. |
|---|---|---|---|
| 711 NW 30th St | 2 Beds, 2 Baths | 2BR,2BA | $1.15 |
| 1100 NW 27th St. | 2BR/1.0BA | 2BR,1BA | $0.88 |
| 2229-2231 NW 12th St | 1 Beds, 1 Baths | 1BR,1BA | $0.91 |
| 1207 N Ross Ave, Unit 3 | 1207 N Ross Ave | 2BR,1BA | $1.00 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $0.81 |
| 32nd Street Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.06 |
| Belle Isle Terrace | BEL1B1BR | 1BR,1BA | $0.98 |
| The Warwick Apartment Homes | 1A | 1BR,1BA | $0.96 |
| The Pines | ALL BILLS PAID Immediate move-in available!! | Studio ,1BA | $1.21 |
| Vines at Adams | Studio | Studio ,1BA | $1.19 |
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.
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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.
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 Warwick Apartment Homes which is listed at $624, while the average apartment in May Penn costs $1,483.
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 12 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 $160 which is $1,323 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

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.

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.

OKC College Life: Top Neighborhoods to Rent for Students and University Staff
Written by: Mike Heuer
I am Mike, your ApartmentHomeLiving.com Local Expert for Oklahoma City, Oklahoma.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.