Cheap Homes for Rent in Downtown Tulsa Neighborhood of Tulsa, OK from $700 (11 Rentals)

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

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

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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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

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

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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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
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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Frequently Asked Questions about Downtown Tulsa

What type of rentals are currently available in Downtown Tulsa?

There are currently 232 Apartments for Rent in Downtown Tulsa, OK with pricing that ranges from $589 to $15,317. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Tulsa ranging from $950 to $4,500.

What is the current price range for Rental Homes in Downtown Tulsa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Tulsa ranges from $950 to $4,500 with an average monthly rent of $2,202.

How much are larger Three and Four Bedroom Rentals in Downtown Tulsa?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Tulsa range from $2,860 to $10,336, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,400. Four Bedroom Single-Family rentals are also available starting from $3,275 and Four Bedroom Apartments start at $6,000.

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.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.