Cheap Apartments for Rent in the Terrace Drive Neighborhood of Tulsa, OK from $400 (69 Rentals)

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

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Joanna Apartments
1 Bedroom Apartments

Joanna Apartments

1630 S Baltimore AveTulsa, OK 74119
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Gary Court
2 Bedroom Apartments

Gary Court

1041 N Gary PlTulsa, OK 74110
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Oaklawn Apartments
Studio to 3 Bedroom Apartments

Oaklawn Apartments

2431 E 8th StTulsa, OK 74104
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Westminster
1 to 2 Bedroom Apartments

Westminster

115 E 16th StTulsa, OK 74119
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Grace Ellen Townhomes
Studio to 3 Bedroom Apartments

Grace Ellen Townhomes

3401-3439 E 35th StTulsa, OK 74135
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Trenton Terrace
1 Bedroom Apartments

Trenton Terrace

1417 S Trenton AveTulsa, OK 74120
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Orcutt
1 Bedroom Apartments

Orcutt

1617-1619 S Quaker AveTulsa, OK 74120
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Thatcher on 28th
Studio to 2 Bedroom Apartments

Thatcher on 28th

3927 E 28th StTulsa, OK 74114
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1602 E 14th St
1 Bedroom Apartments

1602 E 14th St

1602 E 14th StTulsa, OK 74120
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The Cortez
1 to 2 Bedroom Apartments

The Cortez

1329-1331 E 17th StTulsa, OK 74120

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Terrace Drive, Tulsa, OK Local Guide

Cheapest Available Terrace Drive Apartments for Rent

 

The cheapest available apartment rental in the Terrace Drive area of Tulsa, OK is a 1 Bed unit found at Heritage Apartments priced from $825. Baltimore Arms Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Terrace Drive apartments for rent in Tulsa, OK:

Apartment ListingModel NameBed/BathPriced From
Heritage ApartmentsA1- 1 bedroom1BR,1BA$825
Baltimore Arms ApartmentsBalcony EfficiencyStudio,1BA$840
Mansion HouseStudio1BR,1BA$851
West Park Apartments1 Bedroom Tax Credit***1BR,1BA$934
University Club ApartmentsE11BR,1BA$941
ArcoStudio, 1 bathStudio,1BA$990
Lincoln Park ApartmentsA2 PARTIAL1BR,1BA$999

Best Value Apartments for Rent in Terrace Drive, OK

As of December 19, 2025 the best value apartment in the Terrace Drive area is the $1.27 price per square foot Gurley Model at GreenArch Apartments Tulsa in the in the Midtown Tulsa neighborhood starting from $1,695. The second greatest value Terrace Drive apartment is the 2 Bedrooms Model at Art Deco Lofts & Apartments starting at $1,875 with a $1.50 price per square foot in the Midtown Tulsa neighborhood. Here is today’s list of the best values for Terrace Drive apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
GreenArch Apartments TulsaGurley2BR,2BA$1.27
Art Deco Lofts & Apartments2 Bedrooms2BR,2BA$1.50
Everly Apartments on Cherry StreetTop Floor City View2BR,1BA$1.41
1108 S Detroit Ave Michael, Unit 3rd floor 1C1108 S Detroit Ave Michael2BR,1BA$1.36
450 West 7th Street, Unit 310450 West 7th StreetStudio ,1BA$1.43
450 West 7th Street, Unit 410450 West 7th StreetStudio ,1BA$1.43
450 West 7th Street, Unit 401450 West 7th Street1BR,1BA$1.36
West Park ApartmentsOne Bedroom Garden1BR,1BA$1.52
University Club ApartmentsE11BR,1BA$1.35
Heritage ApartmentsA2 - All Bills Paid1BR,1BA$1.48

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Oklahoma including Terrace Drive, Tulsa, and the greater Tulsa 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 searching for the best amenities, and easy access to the parks, family-friendliness, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Terrace Drive Neighborhood in Tulsa, OK

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Terrace Drive Apartments

What is a cheap apartment in Terrace Drive?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Terrace Drive is under $999.

What is the price of a cheap apartment in Terrace Drive?

The cheapest apartment in Terrace Drive is Heritage Apartments which is listed at $825, while the average apartment in Terrace Drive costs $18,082.

What types of apartments are the cheapest in Terrace Drive?

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 15 regular apartments in Terrace Drive 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 Terrace Drive?

Cheap apartments in Terrace Drive have an average cost of $105 which is $17,977 cheaper than the average rent for all rentals in Terrace Drive.

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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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!