Cheap Homes for Rent in Musgrave Pennington Neighborhood of Oklahoma City, OK from $700 (16 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Musgrave Pennington, Oklahoma City, OK Local Guide

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 Amberwood Apartments priced from $530. Crestpark Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Musgrave Pennington apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Amberwood Apartments1 Bed1BR,1BA$530
Crestpark ApartmentsPerfect place to call home!Studio,1BA$625
Mission Place ApartmentsOne Bedroom1BR,1BA$650
Bethany Park1 Bed, 1 Bath1BR,1BA$675
HudsonStudioStudio,1BA$694

Best Value Apartments for Rent in Musgrave Pennington, OK

As of June 02, 2025 the best value apartment in the Musgrave Pennington area is the $0.98 price per square foot 2 Bedroom 1 Bath Model at MacArthur Crossing in the in the Meridian Avenue Hospitality Corridor neighborhood starting from $950. The second greatest value Musgrave Pennington apartment is the 2 Bed Model at Amberwood Apartments starting at $650 with a $0.68 price per square foot in the Warr Acres neighborhood. Here is today’s list of the best values for Musgrave Pennington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MacArthur Crossing2 Bedroom 1 Bath2BR,1BA$0.98
Amberwood Apartments2 Bed2BR,1BA$0.68
The Retreat at Lakeside2x12BR,1BA$1.10
Summer OaksA1 R1BR,1BA$1.05
The Pointe at 23rd Apartments2 Bedroom2BR,1BA$0.94
Verde Vista1 Bed, 1 Bath1BR,1BA$0.99
Summerplace ApartmentsFree rent for the month of APRIL!!1BR,1BA$1.04
Mission Place ApartmentsTwo Bedroom2BR,1BA$1.03
Club One - Aarons Courtyard1 bed 1 bath1BR,1BA$0.97
3509 N Nesbitt Ave1 Bedroom1BR,1BA$1.02

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Frequently Asked Questions about Musgrave Pennington

What type of rentals are currently available in Musgrave Pennington?

There are currently 128 Apartments for Rent in Musgrave Pennington, OK with pricing that ranges from $530 to $3,976. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Musgrave Pennington ranging from $795 to $2,100.

What is the current price range for Rental Homes in Musgrave Pennington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Musgrave Pennington ranges from $795 to $2,100 with an average monthly rent of $1,331.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.