
Cheap Apartments for Rent in the Musgrave Pennington Neighborhood of Oklahoma City, OK from $400 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Musgrave Pennington area of Oklahoma City.


3790 N Nicklas Ave

3742 N Nicklas Ave

Newport Granada Apartments

Verde Vista

Hudson

Summer Place Apartments

Crestpark Apartments

2531 W Park Pl

Diamond Trail Apartments
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Woodscape Apartments

MacArthur Crossing

2609 NW 12th St

3205 NW 14th St

Furnished Studio-Oklahoma City - Bethany

1207 N Ross Ave, Unit 1

Woodward Manor

Glen Apartments

Hayden Place Apartments

The Nomad Apartments
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

Wentwood At Macarthur

West Pointe

Westgate Crossing Apartments

Hunter's Landing

The Garden Apartments

Monterey Square Apartments

Meridian Mansions

Woodbrier Apartments

Mira Vista

Taylor Ridge Apartments
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3792 N Nicklas Ave

Auburn Lane Apartments

Heritage House

Parkridge Apartments

Peartree Apartments

Yorktown Apartment Homes

Mission Place Apartments

Meridian Place Apartments

Windsor Village

Lamplight Apartments
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2533 1/2 NW 39th Terrace

Wes-Chase Apartments

MacArthur Apartments

3509 N Nesbitt Ave

Vines at Eleanor

Autumn Gate

Parkview Flats

Forest Oaks

Pennington Place Apartments

MacArthur Park Townhomes
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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 | $786 | $550 | $1,303 |
| Musgrave Pennington 1 Bedroom Apartments | $801 | $550 | $1,199 |
| Musgrave Pennington 2 Bedroom Apartments | $1,057 | $700 | $1,687 |
| Musgrave Pennington 3 Bedroom Apartments | $1,346 | $1,000 | $1,595 |
Browse Apartments in this Neighborhood
There are currently 67 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 Newport Granada Apartments priced from $680. Verde Vista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here are the most affordable Musgrave Pennington apartments for rent in Oklahoma City, OK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Newport Granada Apartments | 1 Bed, 1 Bath | 1BR,1BA | $680 |
| 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 |
| 3509 N Nesbitt Ave | 1 Bedroom | 1BR,1BA | $745 |
| MacArthur Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Musgrave Pennington, OK
As of June 17, 2026 the best value apartment in the Musgrave Pennington area is the $0.74 price per square foot 2 Bed Model at Amberwood Apartments in the in the Warr Acres neighborhood starting from $700. The second greatest value Musgrave Pennington apartment is the Immediate move-in available!! Model at Crestpark Apartments starting at $725 with a $0.81 price per square foot in the Grand Portland 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. |
|---|---|---|---|
| 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 |
| Mission Place Apartments | Two Bedroom | 2BR,1BA | $1.00 |
| The Pointe at 23rd Apartments | 2 Bedroom | 2BR,1BA | $1.13 |
| 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 |
| 3509 N Nesbitt Ave | 1 Bedroom | 1BR,1BA | $1.10 |
| MacArthur Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $1.11 |
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.
Pet Friendly LifestyleMusgrave Pennington, Oklahoma City, OK
Ranked #170
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 a cheap apartment in Musgrave Pennington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Musgrave Pennington is under $750.
What is the price of a cheap apartment in Musgrave Pennington?
The cheapest apartment in Musgrave Pennington is Newport Granada Apartments which is listed at $680, while the average apartment in Musgrave Pennington costs $1,357.
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 7 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 $693 which is $664 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

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.

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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.
Articles, How-To's, and Tips

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.