Cheapest Neighborhoods in Oklahoma City, OK
Some of the cheapest neighborhoods in Oklahoma City are Oliver Park South, Shields-Davis, and John Glenn #2. These neighborhoods offer some of the lowest rent prices in Oklahoma City, making them ideal for renters on a budget. As of September 22, 2026, the average rent in Oklahoma City is $945, which is 1.8% 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.
Oliver Park South
Average Rent
$395/Month
Units Available
11 Rentals
Oliver Park South is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oliver Park South is $395 while the city average is $945. Residents enjoy convenient access to Oklahoma City University, Regatta Landing, and Okla. City Comm. Coll..
Shields-Davis
Average Rent
$395/Month
Year-Over-Year Rent Change
0.3%
Units Available
11 Rentals
When you’re looking for a great Oklahoma City neighborhood on a budget, check out Shields-Davis. The average rent is $395, compared to the city average of $945. Rent prices have increased by 0.3%. Shields-Davis is convenient to Oklahoma City National Memorial, South Lakes Regional Park, and OU Health Sciences Center.
John Glenn #2
Average Rent
$680/Month
Units Available
47 Rentals
John Glenn #2 is an affordable neighborhood in Oklahoma City with an average rent price of $680. Compare this to the city average of $945. John Glenn #2 provides easy access to Stockyards Landing, OU Health Sciences Center, and Almonte Shopping Center.
Hillcrest
Average Rent
$687/Month
Year-Over-Year Rent Change
1.3%
Units Available
49 Rentals
If you’re looking for a great, affordable neighborhood in Oklahoma City, Hillcrest might be the perfect place! It has an average rent price of $687, while the city’s average stands at $945. In the last year, prices have increased by 1.3%. Hillcrest is near Meridian Landing, Myriad Botanical Gardens, and Oklahoma City University.
Taylor Park
Average Rent
$703/Month
Units Available
13 Rentals
Taylor Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Taylor Park is $703 while the city average is $945. This is a 0% difference from last year. Residents enjoy convenient access to Bricktown Landing, Myriad Botanical Gardens, and OU Health Sciences Center.
Southern Hills
Average Rent
$726/Month
Year-Over-Year Rent Change
2.9%
Units Available
17 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 $945. Rent prices have increased by 2.9%. Southern Hills is convenient to South Lakes Regional Park, Will Rogers World, and Regatta Landing.
Knights Lake
Average Rent
$753/Month
Year-Over-Year Rent Change
0.5%
Units Available
52 Rentals
Knights Lake is an affordable neighborhood in Oklahoma City with an average rent price of $753. Compare this to the city average of $945. In the past year, rent prices have increased by 0.5%. Knights Lake provides easy access to Federal Courthouse, Broadway Avenue, and Will Rogers Horticultural Gardens.
Britton
Average Rent
$761/Month
Year-Over-Year Rent Change
0.1%
Units Available
38 Rentals
If you’re looking for a great, affordable neighborhood in Oklahoma City, Britton might be the perfect place! It has an average rent price of $761, while the city’s average stands at $945. In the last year, prices have increased by 0.1%. Britton is near Oklahoma Christian University, Western Center, and Century Center.
North Highland
Average Rent
$761/Month
Year-Over-Year Rent Change
5.3%
Units Available
40 Rentals
North Highland is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Highland is $761 while the city average is $945. This is a 5.3% difference from last year. Residents enjoy convenient access to Transit Center, Century Center, and Wilshire Crossing.
Rancho Village
Average Rent
$764/Month
Year-Over-Year Rent Change
1%
Units Available
18 Rentals
When you’re looking for a great Oklahoma City neighborhood on a budget, check out Rancho Village. The average rent is $764, compared to the city average of $945. Rent prices have increased by 1%. Rancho Village is convenient to South Lakes Regional Park, OU Health Sciences Center, and Regatta Landing.
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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.