Cheap Apartments for Rent in the Downtown Tulsa Neighborhood of Tulsa, OK from $400 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Tulsa area of Tulsa.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Mayo 420
Rent Specials
$1,306 - $2,706
Total Monthly Price

Total Monthly Price

Base Rent
$1,306 - $2,706

Total Monthly Price
$1,306 - $2,706
Studio to 2 Bedroom Apartments Available Now

Mayo 420

420 S Main StTulsa, OK 74103
Student Housing
  • Verified
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property at 450 W 7th St

$1,400 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $1,500

Total Monthly Price
$1,400 - $1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

450 W 7th St

TulsaOK74119

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Joanna Apartments
1 Bedroom Apartments

Joanna Apartments

1630 S Baltimore AveTulsa, OK 74119
  • Utilities Included
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Osage Apartments
1 to 3 Bedroom Apartments

Osage Apartments

959 Country Club DrTulsa, OK 74127
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Westminster
1 to 2 Bedroom Apartments

Westminster

115 E 16th StTulsa, OK 74119
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Trenton Terrace
1 Bedroom Apartments

Trenton Terrace

1417 S Trenton AveTulsa, OK 74120
  • Utilities Included
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Orcutt
1 Bedroom Apartments

Orcutt

1617-1619 S Quaker AveTulsa, OK 74120
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1602 E 14th St
2 Bedroom Apartments

1602 E 14th St

1602 E 14th StTulsa, OK 74120
  • Utilities Included
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River Ridge Apartments
1 to 2 Bedroom Apartments

River Ridge Apartments

1309 S Jackson AveTulsa, OK 74127
  • Utilities Included

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Thinking of renting in Tulsa? Discover the city's best local hangouts, from the historic Cain's Ballroom to the Gathering Place park and vibrant downtown music venues.

Downtown Tulsa, Tulsa, OK Local Guide

Cheapest Available Downtown Tulsa Apartments for Rent

 

The cheapest available apartment rental in the Downtown Tulsa area of Tulsa, OK is a 1 Bed unit found at Diana priced from $689. Parkewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $689. Here are the most affordable Downtown Tulsa apartments for rent in Tulsa, OK:

Apartment ListingModel NameBed/BathPriced From
Diana1 Bedroom1BR,1BA$689
Parkewood1 Bedroom1BR,1BA$689
Baltimore Arms ApartmentsEfficiencyStudio,1BA$720
Riverbend Gardens2B50-22BR,2BA$808
ArcoStudio, 1 bathStudio,1BA$990
Lincoln Park ApartmentsA2 PARTIAL1BR,1BA$999
Vandever Lofts3071BR,1BA$1,058

Best Value Apartments for Rent in Downtown Tulsa, OK

As of May 08, 2026 the best value apartment in the Downtown Tulsa area is the $1.43 price per square foot 2BR/2.0BA Model at Jacobs Lofts on 1st in the in the Midtown Tulsa neighborhood starting from $2,275. The second greatest value Downtown Tulsa apartment is the Gurley Model at GreenArch Apartments Tulsa starting at $1,695 with a $1.27 price per square foot in the Midtown Tulsa neighborhood. Here is today’s list of the best values for Downtown Tulsa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jacobs Lofts on 1st2BR/2.0BA2BR,2BA$1.43
GreenArch Apartments TulsaGurley2BR,2BA$1.27
Riverbend Gardens2B50-22BR,2.5BA$0.75
WatersideB32BR,2BA$1.36
The Exchange at Sinclair1BR/1.0BA1BR,1BA$1.45
1108 S Detroit Ave, Unit 4A1108 S Detroit Ave1BR,1BA$1.38
450 West 7th Street, Unit 410450 West 7th StreetStudio ,1BA$1.43
450 West 7th Street, Unit 401450 West 7th Street1BR,1BA$1.36
Parkewood1 Bedroom1BR,1BA$1.10
Diana1 Bedroom1BR,1BA$1.37

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Downtown Tulsa, Tulsa, OK

Ranked #23

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Oklahoma and customized analysis for Central Tulsa. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Tulsa Apartments

What is the Cheapest Studio apartment in Downtown Tulsa?

Currently the most affordable Cheap Studio Apartment in Downtown Tulsa is at Baltimore Arms Apartments listed at $720.

How much is rent for a Cheap One Bedroom Downtown Tulsa Apartment?

The lowest price for a Cheap One Bedroom Downtown Tulsa Apartment is $689 at Diana.

What is the lowest price for a Cheap Two Bedroom Downtown Tulsa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Tulsa is starting from $808 at Riverbend Gardens.

What is the most affordable Downtown Tulsa Three Bedroom Apartment?

The best deal on a cheap Downtown Tulsa Three Bedroom Apartment rental is at Western Supply and starts from $2,860.

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

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Top Neighborhoods to Rent Near Major Colleges and Universities in Tulsa

Written by: Mike Heuer

I am Mike, your ApartmentHomeLiving.com guide in the Greater Tulsa, Oklahoma, area. Tulsa is a terrific city with a population of more than 415,000 within the city limits and more than a million in the greater metropolitan area.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.