Last updated on June 13, 2026

Average rent in
Musgrave-Pennington, Oklahoma City, OK

Median rent

Median rent in Musgrave Pennington

$970/mo

decreased by25%

vs previous year

The average rent in Musgrave Pennington is $970 per month as of June 2026. This is 50% below the national average rent, or $980 less per month.

$1.00

average price per square foot

Total rentals

Available rentals in Musgrave Pennington

12

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Musgrave Pennington rentals at each price point

85%64%43%21%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Musgrave-Pennington, Oklahoma City, OK, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Musgrave-Pennington, Oklahoma City, OK

Average rent prices in Musgrave Pennington have decreased by 5% over the last month and have decreased by 25% 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 Musgrave-Pennington, Oklahoma City, OK

Rent prices in Musgrave Pennington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Musgrave Pennington is $890, whereas a house costs $1,137. 1-bedroom apartments in Musgrave Pennington run $850 on average, while 2-bedroom apartments are $950.

Listings

Studio

$550

-

-

1 bedroom

$750

No Change

11%

2 bedroom

$925

1%

8%

3 bedroom

$1,300

No Change

11%

4 bedroom

$1,445

No Change

-

Studio

Average rent

$550

1 bedroom

Average rent

$750

Last year

11%

2 bedroom

Average rent

$925

Last 30 days

1%

Last year

8%

3 bedroom

Average rent

$1,300

Last year

11%

4 bedroom

Average rent

$1,445

The table above reflects average rent prices in Musgrave-Pennington, 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 Musgrave Pennington, Oklahoma City, OK compare to other neighborhoods?

Compare median rent prices in Musgrave Pennington and Cleveland Ucd by all bedroom counts and property types.

Musgrave Pennington

Median rent price$970
decreased by50%

lower than the national median

Median rent price$1,172
decreased by40%

lower than the national median

Takeaway

The median rent for all rentals in Musgrave Pennington, Oklahoma City, OK is 17% lower than the median rent in Cleveland Ucd, Oklahoma City, OK.

Discover rentals in Musgrave-Pennington, Oklahoma City, OK

Pennington Place Apartments - Photo 1 of 1

10h ago

8.3

Very good

Pennington Place Apartments

3732 Nw 23rd St, Oklahoma City, OK 73107

1–2 beds

1 bath

$850–$950

Apartment for rent

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Frequently asked questions for Musgrave-Pennington, Oklahoma City, OK

Quick answers to common questions about the Musgrave Pennington rental market.

How much is rent in Musgrave Pennington?

The average rent in Musgrave Pennington is $970 per month as of June 6, 2026.

Is rent up or down in Musgrave Pennington?

Average rent prices in Musgrave Pennington have decreased by 5% over the last month and have decreased by 25% since last year.

How does Musgrave Pennington rent compare to the national average?

Rent in Musgrave Pennington is 50% below the national average, which means renters are paying approximately $980 less per month.

What salary do I need to afford rent in Musgrave Pennington?

To comfortably afford rent in Musgrave Pennington, you'd need to earn approximately $39,000/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).

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