
Cheap Apartments for Rent in the Musgrave Pennington Neighborhood of Oklahoma City, OK from $450 (81 Rentals)
Search the lowest-cost Apartments available for rent right now in the Musgrave Pennington area of Oklahoma City.


Verde Vista

Hudson

Summer Place Apartments

4701 NW 16th St, Unit 4715

Crestpark Apartments

Diamond Trail Apartments

MacArthur Crossing

1403 N Miller Blvd

5832 NW 31st Terrace
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.

2645 NW 13th St

4136 NW 36th-C

2531 W Park Pl

Newport Granada Apartments

Furnished Studio-Oklahoma City - Bethany

Total Monthly Price
1207 N Ross Ave, Unit 3

3836 NW 27th-

Total Monthly Price
2534 NW 21, Unit 2534 NW 21st

3617 N Drexel Blvd

Glen Apartments
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.

Woodward Manor

The Nomad Apartments

Hayden Place Apartments

Wentwood At Macarthur

West Pointe

Hunter's Landing

Monterey Square Apartments

Meridian Mansions

The Garden Apartments

Woodbrier 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!

Mira Vista

Taylor Ridge Apartments

Auburn Lane Apartments

Heritage House

Parkridge Apartments

Peartree Apartments

Westgate Crossing Apartments

Yorktown Apartment Homes

Mission Place Apartments

Meridian Place Apartments
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.

Windsor Village

Forest Oaks Apartments

Lamplight Apartments

Vines at Eleanor

3200 NW 16th St

Wes-Chase Apartments

MacArthur Apartments

3509 N Nesbitt Ave

Autumn Gate

Woodscape Apartments
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Musgrave Pennington, Oklahoma City, OK Local Guide

How much does it cost to rent an apartment in Musgrave Pennington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Musgrave Pennington Studio Apartments | $809 | $550 | $1,303 |
| Musgrave Pennington 1 Bedroom Apartments | $787 | $550 | $995 |
| Musgrave Pennington 2 Bedroom Apartments | $1,078 | $700 | $1,687 |
| Musgrave Pennington 3 Bedroom Apartments | $1,346 | $1,000 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 81 rentals with your search options within a 2 mile radius of the Musgrave Pennington Neighborhood of Oklahoma City, OK.
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Musgrave Pennington, Oklahoma City, OK Local Guide
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Cheapest Available Musgrave Pennington Apartments for Rent
 The cheapest available apartment rental in the Musgrave Pennington area of Oklahoma City, OK is a 1 Bed unit found at Verde Vista priced from $690. Club One - Aarons Courtyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Musgrave Pennington apartments for rent in Oklahoma City, OK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Verde Vista | 1 Bed, 1 Bath | 1BR,1BA | $690 |
| Club One - Aarons Courtyard | 1 bed 1 bath | 1BR,1BA | $695 |
| Hudson | Studio | Studio,1BA | $695 |
| Summer Place Apartments | 1+1 Up | 1BR,1BA | $699 |
| Amberwood Apartments | 2 Bed | 2BR,1BA | $700 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $725 |
| Diamond Trail Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $739 |
| Woodscape Apartments | Junior Renovated | 1BR,1BA | $750 |
| MacArthur Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $750 |
| Newport Granada Apartments | 1 Bed, 1 Bath | 1BR,1BA | $855 |
Best Value Apartments for Rent in Musgrave Pennington, OK
As of September 10, 2026 the best value apartment in the Musgrave Pennington area is the $1.17 price per square foot 2 Bedroom 2 Bath Model at Josephine's Plaza in the in the Suburban Northside neighborhood starting from $1,350. The second greatest value Musgrave Pennington apartment is the 1207 N Ross Ave Model at 1207 N Ross Ave, Unit 3 starting at $950 with a $1.00 price per square foot in the Meridian Avenue Hospitality Corridor neighborhood. Here is today’s list of the best values for Musgrave Pennington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Josephine's Plaza | 2 Bedroom 2 Bath | 2BR,2BA | $1.17 |
| 1207 N Ross Ave, Unit 3 | 1207 N Ross Ave | 2BR,1BA | $1.00 |
| Amberwood Apartments | 2 Bed | 2BR,1BA | $0.74 |
| Crestpark Apartments | Immediate move-in available!! | 1BR,1BA | $0.81 |
| Summer Oaks | A1 R | 1BR,1BA | $1.05 |
| Verde Vista | 1 Bed, 1 Bath | 1BR,1BA | $0.90 |
| Summer Place Apartments | 1+1 Down | 1BR,1BA | $0.93 |
| Club One - Aarons Courtyard | 1 bed 1 bath | 1BR,1BA | $0.97 |
| MacArthur Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $1.11 |
| Diamond Trail Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.24 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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.
Pet Friendly LifestyleMusgrave Pennington, Oklahoma City, OK
Ranked #202
Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Musgrave Pennington, Oklahoma City, OK
Northwest Classen High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Oklahoma, including Oklahoma City. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, apartment complexes for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Musgrave Pennington Apartments
What is the price of a cheap apartment in Musgrave Pennington?
The cheapest apartment in Musgrave Pennington is Verde Vista which is listed at $690, while the average apartment in Musgrave Pennington costs $1,202.
What types of apartments are the cheapest in Musgrave Pennington?
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 53 regular apartments in Musgrave Pennington 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 Musgrave Pennington?
Cheap apartments in Musgrave Pennington have an average cost of $884 which is $318 cheaper than the average rent for all rentals in Musgrave Pennington.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.