Cheap Homes for Rent in Musgrave Pennington Neighborhood of Oklahoma City, OK from $800 (34 Rentals)

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

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

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property at 4436 NW 36th St

$1,050

2 Bedroom, 2 Bath Condo for Rent

Available Now

4436 NW 36th St

Oklahoma CityOK73112

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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Showing Results 1-34, Page 1 of 1

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 Verde Vista priced from $645. Mission Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Musgrave Pennington apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Verde Vista1 Bed, 1 Bath1BR,1BA$645
Mission Place ApartmentsOne Bedroom1BR,1BA$650
Summerplace Apartments2+1 Down2BR,1BA$675
HudsonStudioStudio,1BA$695
Yorktown Apartment Homes1 Bed, 1 Bath1BR,1BA$699
Amberwood Apartments2 Bed2BR,1BA$700
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$725
Newport Granada Apartments1 Bed, 1 Bath1BR,1BA$730
MacArthur Crossing1 Bedroom 1 Bath1BR,1BA$750
Peartree ApartmentsOne Bed One Bath1BR,1BA$750

Best Value Apartments for Rent in Musgrave Pennington, OK

As of January 02, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Amberwood Apartments2 Bed2BR,1BA$0.74
Crestpark ApartmentsImmediate move-in available!!1BR,1BA$0.81
3509 N Nesbitt Ave2 Bedroom2BR,1BA$0.95
Summer OaksA1 R1BR,1BA$1.05
Mission Place ApartmentsTwo Bedroom2BR,1BA$0.88
The Pointe at 23rd Apartments2 Bedroom2BR,1BA$0.94
Pennington Place Apartments1BR/1.0BA1BR,1BA$1.08
Yorktown Apartment Homes1 Bed, 1 Bath1BR,1BA$0.90
Verde Vista1 Bed, 1 Bath1BR,1BA$0.84
Summerplace Apartments1+1 Down1BR,1BA$1.04

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
Musgrave Pennington, Oklahoma City, OK

Ranked #178

Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Musgrave Pennington, Oklahoma City, OK

School data provided by Great Schools

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 $550 to $2,137. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Musgrave Pennington ranging from $825 to $2,200.

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 $825 to $2,200 with an average monthly rent of $1,361.

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.

Articles, How-To's, and Tips

decorative image for Oklahoma Citys Hidden Gems: Your Guide to Finding the Perfect Affordable Neighborhood to Rent article

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.