Last updated on June 28, 2026

Average rent in
May-Penn, Oklahoma City, OK

Median rent

Median rent in May Penn

$1,095/mo

increased by6%

vs previous year

The average rent in May Penn is $1,095 per month as of June 2026. This is 44% below the national average rent, or $855 less per month.

$1.18

average price per square foot

Total rentals

Available rentals in May Penn

25

for rent on Zumper.com as of June 2026

Rent price distribution

Share of May Penn rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in May-Penn, Oklahoma City, OK

Average rent prices in May Penn have increased by 18% over the last month and have increased by 6% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in May-Penn, Oklahoma City, OK

Rent prices in May Penn vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in May Penn is $829, whereas a house costs $1,225. 1-bedroom apartments in May Penn run $845 on average, while 2-bedroom apartments are $850.

Listings

Studio

$750

No Change

4%

1 bedroom

$839

No Change

-

2 bedroom

$960

2%

12%

3 bedroom

$1,397

28%

-

4 bedroom

$1,575

No Change

-

Studio

Average rent

$750

Last year

4%

1 bedroom

Average rent

$839

2 bedroom

Average rent

$960

Last 30 days

2%

Last year

12%

3 bedroom

Average rent

$1,397

Last 30 days

28%

4 bedroom

Average rent

$1,575

The table above reflects average rent prices in May-Penn, Oklahoma City, OK, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in May Penn, Oklahoma City, OK compare to other neighborhoods?

Compare median rent prices in May Penn and Corridor South by all bedroom counts and property types.

May Penn

Median rent price$1,095
decreased by44%

lower than the national median

Median rent price$929
decreased by52%

lower than the national median

Takeaway

The median rent for all rentals in May Penn, Oklahoma City, OK is 18% higher than the median rent in Corridor South, Oklahoma City, OK.

Discover rentals in May-Penn, Oklahoma City, OK

2608 Nw 37th St - Photo 1 of 1

5d+ ago

May-Penn house for rent in Oklahoma City

Charming 3 Bed, 2 Bath Home | 2608 NW 37th St, Oklahoma City

2608 Nw 37th St, Oklahoma City, OK 73112

3 beds

2 baths

$1,800

House for rent

Available Jul 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for May-Penn, Oklahoma City, OK

Quick answers to common questions about the May Penn rental market.

How much is rent in May Penn?

The average rent in May Penn is $1,095 per month as of June 27, 2026.

Is rent up or down in May Penn?

Average rent prices in May Penn have increased by 18% over the last month and have increased by 6% since last year.

How does May Penn rent compare to the national average?

Rent in May Penn is 44% below the national average, which means renters are paying approximately $855 less per month.

What salary do I need to afford rent in May Penn?

To comfortably afford rent in May Penn, you'd need to earn approximately $44,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Bethany