Cheap Homes for Rent in the May Penn Neighborhood of Oklahoma City, OK from $500 (62 Rentals)

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

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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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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 ListingModel NameBed/BathPriced From
The Warwick Apartment Homes1B1BR,1BA$624
Vines at AdamsStudioStudio,1BA$625
1100 NW 27th St.1BR/1.0BA1BR,1BA$650
Campus PointeJunior UpStudio,1BA$699
Belle Isle TerraceBEL1B1BR1BR,1BA$709
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$725
The Colonies Apartments1 Br1BR,1BA$745
The PinesALL BILLS PAID Immediate move-in available!!Studio,1BA$750
21Penn1-11BR,1BA$750
Windsor Court ApartmentsStudioStudio,1BA$750

Best Value Apartments for Rent in May Penn, OK

As of July 26, 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 2x2 SM Model at Villas on 50th starting at $950 with a $0.86 price per square foot in the Suburban Northside neighborhood. 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.
711 NW 30th St2 Beds, 2 Baths2BR,2BA$1.15
Villas on 50th2x2 SM2BR,2BA$0.86
1100 NW 27th St.2BR/1.0BA2BR,1BA$0.88
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
32nd Street Apartments1 Beds, 1 Baths1BR,1BA$1.06
Belle Isle TerraceBEL1B1BR1BR,1BA$0.98
The Warwick Apartment Homes1A1BR,1BA$0.96
Vines at AdamsStudioStudio ,1BA$1.19

Frequently Asked Questions about May Penn

What type of rentals are currently available in May Penn?

There are currently 373 Apartments for Rent in May Penn, OK with pricing that ranges from $600 to $15,010. There are also 133 Single Family Homes for rent, Condos, and Townhome rentals currently available in May Penn ranging from $500 to $4,500.

What is the current price range for Rental Homes in May Penn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in May Penn ranges from $500 to $4,500 with an average monthly rent of $1,464.

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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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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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.

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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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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.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.