Apartments for Rent in Oklahoma under $500
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21 units availableStudio $480+Base rent4.0 (5)802 West Highpoint Drive, Stillwater, OK 74075Apply online • Pet friendly -
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Only 2 units leftStudio $190Base rent1100 N Lovers Ln (1320), Perkins, OK 74058Apply online • Pet friendly -
Only 1 unit left3 bd $250Base rent37814 Toby Terrace (11), Shawnee, OK 74801Apply online • Pet friendly -
4 units availableStudio $425+3 bd $500+Base rent4.5 (6)12400 Nashoba Rd., Thackerville, OK 73459Apply online • Pet friendly -
Studio $250Base rent37810 Toby Terrace (12), Shawnee, OK 74801Pet friendly -
Studio $195Base rent37779 Shelton Way (42), Shawnee, OK 74801Pet friendly -
Studio $250Base rent23 Red Plum Road, Shawnee, OK 74801Pet friendly -
Studio $250Base rent37747 Shelton Way (36), Shawnee, OK 74801Pet friendly -
Studio $250Base rent37816 Toby Terrace (10), Shawnee, OK 74801Pet friendly
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Studio $250Base rent37850 Toby Terrace (1), Shawnee, OK 74801Pet friendly -
Studio $250Base rent37747 Kershaw Creek (57), Shawnee, OK 74801Pet friendly
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Studio $275Base rent25 Red Plum Road, Shawnee, OK 74801Pet friendly
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Frequently asked questions
When were prices and availability in Oklahoma last updated?
Prices and availability in Oklahoma were last updated on 25 Jun 2026.
What are the best apartments in Oklahoma?
The best apartments in Oklahoma are: Chapel Ridge of Stillwater, Emerald Greens, The Erica, The Lodge @ 777 and J Marshall Square Apartments.
What type of rental buildings are in Oklahoma?
In Oklahoma 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 8% of Oklahoma's apartments are found in large buildings of 50 units or more, 42% are located in smaller apartment complexes with less than 50 units, and 45% are single-family rentals.
Renting apartments in Oklahoma under $500
Searching for apartments for rent in Oklahoma under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Oklahoma, where the average rent is $460 per month, there are 36 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.
We’ll help you find the cheapest rental near you
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Oklahoma. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Oklahoma going for $190 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.