Cheapest Neighborhoods in Oklahoma City, OK
Some of the cheapest neighborhoods in Oklahoma City are The Pines, Woodlake Addition, and Isola Bella. These neighborhoods offer some of the lowest rent prices in Oklahoma City, making them ideal for renters on a budget. As of August 8, 2026, the average rent in Oklahoma City is $939, which is 1.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
The Pines
Average Rent
$690/Month
Year-Over-Year Rent Change
0.6%
Units Available
26 Rentals
When you’re looking for a great Oklahoma City neighborhood on a budget, check out The Pines. The average rent is $690, compared to the city average of $939. Rent prices have increased by 0.6%. The Pines is convenient to Meridian Landing, Springbrook, and Stockyards Landing.
Woodlake Addition
Average Rent
$690/Month
Units Available
26 Rentals
Woodlake Addition is an affordable neighborhood in Oklahoma City with an average rent price of $690. Compare this to the city average of $939. Woodlake Addition provides easy access to Broadway Avenue, Will Rogers World, and Southern Nazarene University.
Isola Bella
Average Rent
$693/Month
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Oklahoma City, Isola Bella might be the perfect place! It has an average rent price of $693, while the city’s average stands at $939. Isola Bella is near Martin Park Nature Center, Southern Nazarene University, and Federal Courthouse.
Taylor Park
Average Rent
$700/Month
Units Available
12 Rentals
Taylor Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Taylor Park is $700 while the city average is $939. This is a 0% difference from last year. Residents enjoy convenient access to Arena, 240 Plaza, and Oklahoma City National Memorial.
Southern Hills
Average Rent
$726/Month
Year-Over-Year Rent Change
2.4%
Units Available
16 Rentals
When you’re looking for a great Oklahoma City neighborhood on a budget, check out Southern Hills. The average rent is $726, compared to the city average of $939. Rent prices have increased by 2.4%. Southern Hills is convenient to South Lakes Regional Park, South Pointe Shopping Center, and Oklahoma City University.
Knights Lake
Average Rent
$729/Month
Year-Over-Year Rent Change
0.3%
Units Available
75 Rentals
Knights Lake is an affordable neighborhood in Oklahoma City with an average rent price of $729. Compare this to the city average of $939. In the past year, rent prices have decreased by 0.3%. Knights Lake provides easy access to 6221 W Wilshire Blvd, Will Rogers Horticultural Gardens, and Broadway Avenue.
Lake Wood
Average Rent
$745/Month
Units Available
42 Rentals
If you’re looking for a great, affordable neighborhood in Oklahoma City, Lake Wood might be the perfect place! It has an average rent price of $745, while the city’s average stands at $939. Lake Wood is near Southern Nazarene University, 7300-7310 Lyrewood Ln, and Dolese Youth Park.
Windsor Hills
Average Rent
$751/Month
Units Available
11 Rentals
Windsor Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Windsor Hills is $751 while the city average is $939. Residents enjoy convenient access to Stinchcomb Wildlife Refuge, Myriad Botanical Gardens, and OSU-Oklahoma City.
Chester Hill
Average Rent
$760/Month
Units Available
44 Rentals
When you’re looking for a great Oklahoma City neighborhood on a budget, check out Chester Hill. The average rent is $760, compared to the city average of $939. Chester Hill is convenient to Transit Center, Myriad Gardens, and Science Museum Oklahoma.
Britton
Average Rent
$761/Month
Units Available
47 Rentals
Britton is an affordable neighborhood in Oklahoma City with an average rent price of $761. Compare this to the city average of $939. In the past year, rent prices have increased by 0%. Britton provides easy access to Century Center, OU Health Sciences Center, and B & B Plaza.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.