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Cheap Apartments for Rent in Oklahoma City, OK - 113 Rentals available

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Apartments Under $500

Apartments Under $600

  • (16)
    2201 NW 122Nd Street, Oklahoma City, OK 73120
    $560 - $1,315
    • Studio-2 Beds
    • 1-2 Baths
    RAIT Residential
    Available Today! Last updated 16 Jan 2021
    (844) 363-7377

  • 1432 NE. 7Th St., Oklahoma City, OK 73117
    $573 - $700
    • 1-2 Beds
    • 1 Bath
    Commonwealth Management Corporation
    Last updated 16 Jan 2021
    (833) 976-2079

  • 5904 S Harvey Avenue, Oklahoma City, OK 73109
    $579 - $649
    • 1-2 Beds
    • 1 Bath
    Denver Realty Group
    Available Today! Last updated 17 Jan 2021
    (405) 632-5066

  • (2)
    8201 North Rockwell, Oklahoma City, OK 73132
    See current rent specials
    $595 - $775
    • Studio-2 Beds
    • 1 Bath
    Orion Property Group
    Available Today! Last updated 17 Jan 2021
    (405) 722-0447

  • (28)
    9401 South Shartel, Oklahoma City, OK 73139
    $599 - $830
    • Studio-3 Beds
    • 1-2 Baths
    Weidner Apartment Homes
    Available Today! Last updated 16 Jan 2021
    (405) 759-4916

Apartments Under $700

Apartments Under $800

Apartments Under $900

  • 3920 NW 50Th Street, Oklahoma City, OK 73112
    $800 - $900
    • 1-3 Beds
    • 1-1.5 Baths
    Envolve Communities LLC
    Last updated 17 Jan 2021
    (405) 942-8414

Oklahoma City’s average rent reached $807 in December

Oklahoma City’s average rent reached $807 in December, after a 2.7% increase since last year. Renters make up 41% of Oklahoma City’s households. The largest city in Oklahoma is a great place to live and work, with apartment prices below the national average of $1,462. [View Full Report]

Oklahoma City apartment rent report

Oklahoma City’s average rent reached $807 in December

Oklahoma City’s average rent reached $807 in December, after a 2.7% increase since last year. Renters make up 41% of Oklahoma City’s households. The largest city in Oklahoma is a great place to live and work, with apartment prices below the national average of $1,462.

This December, the average rent for an apartment in Oklahoma City has increased more than in other surrounding cities such as Edmond, where rents average on $944 after a 1.7% increase, but less than others, such as Norman, where rent went up 4.1% compared to last year, reaching $933.

Oklahoma City apartment rent report

What it costs to rent in the Oklahoma City metro area

Despite a 1.9% increase, Bethany rentals are the most budget-friendly option in the Oklahoma City area, with an average price of $648. At $722 per month following a 3.3% increase, renting in Midwest City is another attractive option. A renter-majority city (64%), Stillwater experienced no change in rent compared to last year, resting at $843. Average rent in Yukon reached $853 after a 4.4% yearly increase, while apartments in Moore go for $896 in December, which is 3.1% more than last year.

Oklahoma City apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Oklahoma City, OK?

The price range of a cheap apartment is between $499 and $1,800. Find cheap apartments in Oklahoma City, OK.

How many cheap rentals are available in Oklahoma City, OK on RENTCafé?

There are 103 cheap rentals available on RENTCafé. Prices and availability in Oklahoma City, OK were last updated on 16 Jan 2021.

What is the average size of a cheap apartment in Oklahoma City, OK?

The average Oklahoma City, OK cheap apartment size is 837 sq. ft.

What are the advantages of renting a cheap apartment in Oklahoma City, OK?

Cheap apartments in Oklahoma City, OK are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Oklahoma City, OK?

A cheap apartment in Oklahoma City, OK offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Oklahoma City, OK.

Renting a Cheap Apartment in Oklahoma City

Oklahoma City is the capital of Oklahoma and the state’s largest city. Rocked by the bombing of the Alfred P. Murrah Federal Building in 1995, the victims of the tragedy have not been forgotten by those they left behind. They are remembered at a memorial each year. Oklahoma City has much to offer visitors and is a great example of how downtown renewal projects can encourage urban living. Its Metropolitan Area Projects (MAPS) created a new downtown baseball park, library and sightseeing canal, and also fixed up many area buildings. The result has been a more pleasant experience for residents and tourists alike. Cattle, the oil industry, government, military, education and information technology are the major economic generators for Oklahoma City. This is a great place to get a good steak and meet some friendly folks. Don’t miss the National Cowboy Hall of Fame.

Oklahoma City, OK Demographics

  • Total Population637,284
  • Female 313,370
    Male 323,914
  • Median Age34.1

Average Rent in Oklahoma City, OK

  • Oklahoma City, OK Average Rental Price, October 2020 $802 /mo

Oklahoma City, OK Apartment Rent Ranges

  • < $5002%
  • $501-$70040%
  • $701-$1,00043%
  • $1,001-$1,50014%
  • $1,501-$2,0002%

Oklahoma City, OK Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
Oklahoma City, OK $733 $731 $741 $752 $754 $775 $783 $782 $787 $791 $802
National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
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Check out the average rent prices in Oklahoma City by neighborhood.

Oklahoma City, OK Households

  • Total Number of Households240,471
  • Family 148,953
    Non-family 91,518
  • Children 78,822
    No Children 161,649
  • Average People Per Household2.59
  • Median Household Income$54,034
  • Median Housing Costs Per Month$912

Oklahoma City, OK Education Statistics

  • No High School5%
  • Some High School34%
  • Some College26%
  • Associate Degree7%
  • Bachelor Degree18%
  • Graduate Degree9%

Looking for a cheap apartment for rent in Oklahoma City, OK? With RENTCafé, finding an affordable apartment in Oklahoma City, OK has never been easier. We feature 113 low-priced rentals directly from property managers, with rents lower than the Oklahoma City, OK average. What is a cheap rent in Oklahoma City, OK? The average apartment rent in Oklahoma City is $802 per month so any rental south of $642 would be considered cheap here. On RENTCafé, Oklahoma City, OK rents go as low as $499/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!