Cheap Homes for Rent in Musgrave Pennington Neighborhood of Oklahoma City, OK from $600 (7 Rentals)

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

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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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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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 Mission Place Apartments priced from $625. Verde Vista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Musgrave Pennington apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Mission Place ApartmentsOne Bedroom1BR,1BA$625
Verde Vista1 Bed, 1 Bath1BR,1BA$645
HudsonStudioStudio,1BA$695

Best Value Apartments for Rent in Musgrave Pennington, OK

As of September 20, 2025 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
Summer OaksA1 R1BR,1BA$1.05
Diamond Trail Apartments2 Bedroom 1.75 Bath2BR,1.75BA$1.08
The Pointe at 23rd Apartments2 Bedroom2BR,1BA$0.94
Yorktown Apartment Homes1 Bed, 1 Bath1BR,1BA$0.90
Verde Vista1 Bed, 1 Bath1BR,1BA$0.84
Summerplace Apartments1+1 Up1BR,1BA$1.00
3509 N Nesbitt Ave1 Bedroom1BR,1BA$1.02
MacArthur Crossing1 Bedroom 1 Bath1BR,1BA$1.11

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Pet Friendly Lifestyle
Musgrave Pennington, Oklahoma City, OK

Ranked #161

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 123 Apartments for Rent in Musgrave Pennington, OK with pricing that ranges from $550 to $1,898. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Musgrave Pennington ranging from $695 to $9,999.

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 $695 to $9,999 with an average monthly rent of $1,594.

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.

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 Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.