Cheap Homes for Rent in Oliver Park South Neighborhood of Oklahoma City, OK from $500 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oliver Park South 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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Oliver Park South, Oklahoma City, OK Local Guide

Cheapest Available Oliver Park South Apartments for Rent

 

The cheapest available apartment rental in the Oliver Park South area of Oklahoma City, OK is a 1 Bed unit found at Timberwood Apartments priced from $675. The Apartments at Melrose Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Oliver Park South apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Timberwood ApartmentsOne Bedroom 1 Bath 535 SF1BR,1BA$675
The Apartments at Melrose Place1 Bedroom1BR,1BA$695
Hillcrest Residences2bed x 1bath **Exciting New Management Special ...2BR,1BA$750
Remington Apartments1 Bedroom 1 Bath1BR,1BA$790
Oak Creek Apartments1/11BR,1BA$815

Best Value Apartments for Rent in Oliver Park South, OK

As of December 05, 2025 the best value apartment in the Oliver Park South area is the $0.81 price per square foot 3bed x 1.5bath **Exciting New Management Specia... Model at Hillcrest Residences in the in the Lillard Park neighborhood starting from $850. The second greatest value Oliver Park South apartment is the 1/1 Model at Oak Creek Apartments starting at $815 with a $1.09 price per square foot in the Flynn neighborhood. Here is today’s list of the best values for Oliver Park South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hillcrest Residences3bed x 1.5bath **Exciting New Management Specia...3BR,1.5BA$0.81
Oak Creek Apartments1/11BR,1BA$1.09
Spoke Street1B1BR,1BA$2.10
Remington Apartments1 Bedroom 1 Bath1BR,1BA$1.20
The Apartments at Melrose Place1 Bedroom1BR,1BA$1.16
Timberwood ApartmentsOne Bedroom 1 Bath 535 SF1BR,1BA$1.31

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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Pet Friendly Lifestyle
Oliver Park South, Oklahoma City, OK

Ranked #179

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Oliver Park South

What type of rentals are currently available in Oliver Park South?

There are currently 74 Apartments for Rent in Oliver Park South, OK with pricing that ranges from $675 to $2,100. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oliver Park South ranging from $599 to $2,500.

What is the current price range for Rental Homes in Oliver Park South?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oliver Park South ranges from $599 to $2,500 with an average monthly rent of $1,138.

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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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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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.

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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!