Best Affordable 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 March 25, 2026, the average rent in Oklahoma City is $927, which is 0.6% 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

$689/Month

Year-Over-Year Rent Change

0.7%

Units Available

28 Rentals

The Pines is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Pines is $689 while the city average is $927. This is a 0.7% difference from last year. Residents enjoy convenient access to Martin Park Nature Center, Dolese Youth Park, and Springbrook.

Woodlake Addition

Average Rent

$689/Month

Units Available

28 Rentals

When you’re looking for a great Oklahoma City neighborhood on a budget, check out Woodlake Addition. The average rent is $689, compared to the city average of $927. Woodlake Addition is convenient to Southern Nazarene University, Will Rogers Horticultural Gardens, and Century Center.

Isola Bella

Average Rent

$689/Month

Units Available

28 Rentals

Isola Bella is an affordable neighborhood in Oklahoma City with an average rent price of $689. Compare this to the city average of $927. Isola Bella provides easy access to Oklahoma City University, Dolese Youth Park, and Will Rogers World.

Taylor Park

Average Rent

$700/Month

Units Available

12 Rentals

If you’re looking for a great, affordable neighborhood in Oklahoma City, Taylor Park might be the perfect place! It has an average rent price of $700, while the city’s average stands at $927. In the last year, prices have increased by 0%. Taylor Park is near Myriad Gardens, Scissortail Park, and Museum of Osteology.

Hillcrest

Average Rent

$702/Month

Year-Over-Year Rent Change

1.1%

Units Available

12 Rentals

Hillcrest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hillcrest is $702 while the city average is $927. This is a 1.1% difference from last year. Residents enjoy convenient access to Will Rogers World, Will Rogers Horticultural Gardens, and Oklahoma City University.

Knights Lake

Average Rent

$706/Month

Year-Over-Year Rent Change

1%

Units Available

35 Rentals

When you’re looking for a great Oklahoma City neighborhood on a budget, check out Knights Lake. The average rent is $706, compared to the city average of $927. Rent prices have decreased by 1%. Knights Lake is convenient to Dolese Youth Park, Oklahoma City University, and Federal Courthouse.

Southern Hills

Average Rent

$731/Month

Year-Over-Year Rent Change

3.3%

Units Available

21 Rentals

Southern Hills is an affordable neighborhood in Oklahoma City with an average rent price of $731. Compare this to the city average of $927. In the past year, rent prices have increased by 3.3%. Southern Hills provides easy access to Oklahoma City University, Myriad Botanical Gardens, and Ballpark.

Golden Oaks

Average Rent

$735/Month

Units Available

13 Rentals

If you’re looking for a great, affordable neighborhood in Oklahoma City, Golden Oaks might be the perfect place! It has an average rent price of $735, while the city’s average stands at $927. Golden Oaks is near Plaza 36, Century Center, and Oklahoma City National Memorial.

Heronville

Average Rent

$737/Month

Year-Over-Year Rent Change

0.3%

Units Available

12 Rentals

Heronville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Heronville is $737 while the city average is $927. This is a 0.3% difference from last year. Residents enjoy convenient access to Myriad Botanical Gardens, Century Center, and Arena.

Grandview Place

Average Rent

$737/Month

Units Available

13 Rentals

When you’re looking for a great Oklahoma City neighborhood on a budget, check out Grandview Place. The average rent is $737, compared to the city average of $927. Grandview Place is convenient to Santa Fe Hub, Will Rogers Horticultural Gardens, and Oklahoma City University.

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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.