Cheap Apartments for Rent in the Pennville Neighborhood of Oklahoma City, OK from $400 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pennville area of Oklahoma City.

property at 2237 NW 12th St

2237 NW 12th St

Oklahoma CityOK73107

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.

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.

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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Woodward Manor
1 Bedroom Apartments

Woodward Manor

3336 NW 12th StOklahoma City, OK 73107
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The Nomad Apartments
1 to 2 Bedroom Apartments

The Nomad Apartments

3100 NW 36th StOklahoma City, OK 73112
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Greystoke Apartments
1 to 3 Bedroom Apartments

Greystoke Apartments

2242 NW 42nd StOklahoma City, OK 73112
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Villas at Penn
Studio to 1 Bedroom Apartments

Villas at Penn

3818 N Pennsylvania AveOklahoma City, OK 73112

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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Hunter's Landing
Studio to 2 Bedroom Apartments

Hunter's Landing

2909 NW 31st StOklahoma City, OK 73112
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Vines at Adams
Studio to 2 Bedroom Apartments

Vines at Adams

2424 NW 39th StOklahoma City, OK 73112
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Ambassador House
1 to 2 Bedroom Apartments

Ambassador House

4501 N Pennsylvania AveOklahoma City, OK 73112
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Briargate Apartments
1 Bedroom Apartments

Briargate Apartments

1712 NW 17th StOklahoma City, OK 73106
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Parkridge Apartments
1 Bedroom Apartments

Parkridge Apartments

3033 N Grand BlvdOklahoma City, OK 73107
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The Vintage Apartments
1 Bedroom Apartments

The Vintage Apartments

2037 NW 26th StOklahoma City, OK 73106
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Autumn Gate
2 Bedroom Apartments

Autumn Gate

3640 NW 25th StOklahoma City, OK 73112
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The Vic - West
Studio to 1 Bedroom Apartments

The Vic - West

2017 N Blackwelder AveOklahoma City, OK 73106

Pennville, Oklahoma City, OK Local Guide

Cheapest Available Pennville Apartments for Rent

 

The cheapest available apartment rental in the Pennville area of Oklahoma City, OK is a Studio unit found at Crestpark Apartments priced from $625. Vines at Adams has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here are the most affordable Pennville apartments for rent in Oklahoma City, OK:

Apartment ListingModel NameBed/BathPriced From
Crestpark ApartmentsPerfect place to call home!Studio,1BA$625
Vines at Adams2 Bed 1 Bath2BR,1BA$625
Campus Pointe ApartmentsLovely spacious studio apartments ready to move...Studio,1BA$640
Newport Granada Apartments1 Bed, 1 Bath1BR,1BA$695
3509 N Nesbitt Ave1 Bedroom1BR,1BA$695
The Vintage Apartments1 Bedroom 1 Bath1BR,1BA$720
The Colonies Apartments1 Br1BR,1BA$730
The PinesALL BILLS PAID Immediate move-in available!!Studio,1BA$750
The Regency TowerEfficiencyStudio,1BA$825

Best Value Apartments for Rent in Pennville, OK

As of July 08, 2025 the best value apartment in the Pennville area is the $1.21 price per square foot Rosette Model at Fairground Flats in the in the Meridian Avenue Hospitality Corridor neighborhood starting from $1,380. The second greatest value Pennville apartment is the 2840 NW 23rd St Model at 2840 NW 23rd St, Unit 2840 starting at $950 with a $0.90 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Pennville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairground FlatsRosette3BR,2BA$1.21
2840 NW 23rd St, Unit 28402840 NW 23rd St2BR,1BA$0.90
1100 NW 27th St.2BR/1.0BA2BR,1BA$0.88
414 NW 24th St1 Bedroom1BR,1BA$1.12
1820 NW 11th St, Unit 11820 NW 11th St1BR,1BA$1.00
Pennington Place Apartments1BR/1.0BA1BR,1BA$1.24
3509 N Nesbitt Ave1 Bedroom1BR,1BA$1.02
The PinesALL BILLS PAID Immediate move-in available!!Studio ,1BA$1.21
Newport Granada Apartments1 Bed, 1 Bath1BR,1BA$1.19
Crestpark ApartmentsPerfect place to call home!Studio ,1BA$1.25

Quick Rent Budget Calculator

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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
Pennville, Oklahoma City, OK

Ranked #53

Among neighborhoods in Oklahoma City, OK for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Oklahoma including Pennville, Oklahoma City, and the greater Oklahoma City area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, features that make it easier to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Pennville Neighborhood in Oklahoma City, OK

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Pennville Apartments

What is a cheap apartment in Pennville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pennville is under $825.

What is the price of a cheap apartment in Pennville?

The cheapest apartment in Pennville is Newport Granada Apartments which is listed at $695, while the average apartment in Pennville costs $2,650.

What types of apartments are the cheapest in Pennville?

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 6 regular apartments in Pennville 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 Pennville?

Cheap apartments in Pennville have an average cost of $184 which is $2,466 cheaper than the average rent for all rentals in Pennville.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.