Cheap Apartments for Rent in the May Penn Neighborhood of Oklahoma City, OK from $450 (161 Rentals)

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

property at 437 NW 26th St
$695
Studio To 1 Bedroom Rentals
Available Now
Affordability

437 NW 26th St

Oklahoma CityOK73103

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property at 2645 NW 13th St
$800
Studio To 1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2645 NW 13th St

Oklahoma CityOK73107

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 514 NW 27th St
$900
1 Bedroom Rentals
Available Now
Affordability

514 NW 27th St

Oklahoma CityOK73103

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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property at 804 NW 21st St
$895 - $945
2 Bedroom Rentals
Available Now
Affordability

804 NW 21st St

Oklahoma CityOK73106

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May Penn, Oklahoma City, OK Local Guide

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. 1100 NW 27th St. 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 ListingModel NameBed/BathPriced From
Vines at AdamsStudioStudio, 1BA$625
1100 NW 27th St.1BR/1.0BA1BR, 1BA$650
The Warwick Apartment Homes1C1BR, 1BA$680
Campus PointeJunior UpStudio, 1BA$699
Windsor Court ApartmentsStudioStudio, 1BA$700
32nd Street Apartments1 Beds, 1 Baths1BR, 1BA$700
Belle Isle TerraceBEL1B1BR1BR, 1BA$709
Villas on 50th1x1 SM1BR, 1BA$725
The Colonies Apartments1 Br1BR, 1BA$725
Crestpark ApartmentsImmediate move-in available!!1BR, 1BA$725

Best Value Apartments for Rent in May Penn, OK

As of September 16, 2026 the best value apartment in the May Penn area is the $1.00 price per square foot 3A Model at The Warwick Apartment Homes in the Suburban Northside neighborhood starting from $1,401. The second greatest value May Penn apartment is the 2BR/1.0BA Model at 1100 NW 27th St. in the Adventure District neighborhood starting at $895 with a $0.88 price per square foot. Here is today’s list of the best values for May Penn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Warwick Apartment Homes3A3BR, 2BA$1.00
1100 NW 27th St.2BR/1.0BA2BR, 1BA$0.88
804 NW 21st St.2BR/1.0BA2BR, 1BA$0.90
Vintage at 50thB12BR, 2BA$0.99
2229-2231 NW 12th St1 Beds, 1 Baths1BR, 1BA$0.91
1207 N Ross Ave, Unit 31207 N Ross Ave2BR, 1BA$1.00
Crestpark ApartmentsImmediate move-in available!!1BR, 1BA$0.81
Historical 1 Bedroom SPACIOUS units!1BR/1.0BA1BR, 1BA$0.92
32nd Street Apartments1 Beds, 1 Baths1BR, 1BA$0.93
Belle Isle TerraceBEL1B1BR1BR, 1BA$0.98

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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 $725.

What is the price of a cheap apartment in May Penn?

The cheapest apartment in May Penn is 1100 NW 27th St. which is listed at $650, while the average apartment in May Penn costs $999.

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 11 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 $166 which is $833 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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