Drexel Square Apartments in Oklahoma City: Mid-Range Rentals in Midtown

Drexel Square is a mid-sized apartment community in Oklahoma City's Midtown neighborhood, offering one- and two-bedroom floor plans at price points accessible to young professionals and small families seeking proximity to restaurants, retail, and employment corridors without central downtown costs.

What Drexel Square actually is

Drexel Square sits along the Drexel Avenue corridor in Midtown, a section of the city roughly bounded by NW 23rd Street to the north and NW 10th Street to the south. The community comprises garden-style apartments spread across a managed grounds. Units range from approximately 650 to 900 square feet. Amenities typically include a fitness center, community room, and on-site parking. The property does not market itself as luxury or lifestyle-focused; it positions itself as straightforward rental housing for people who want to live in an established neighborhood with street-level walkability and proximity to Midtown's employers and restaurants.

Rent and lease terms

Pricing varies by floor plan, lease length, and current occupancy. One-bedroom units typically rent in the range of $800 to $950 per month; two-bedroom units range from $950 to $1,200 per month. Lease terms include standard 12-month options as well as shorter-term agreements when availability permits. Security deposits equal one month's rent. Tenants typically pay their own utilities; water may be included depending on the lease. Pet policies allow dogs and cats with a per-pet monthly fee. Verify current pricing and specials by contacting the leasing office directly, as rates adjust seasonally and with occupancy.

How Drexel Square compares to other Midtown and nearby options

Midtown's rental landscape divides into three tiers. Drexel Square occupies the middle ground. Luxury options like the Plaza District's newer mixed-use buildings command $1,400 to $1,800 for comparable square footage and include amenities like rooftop terraces and controlled-access lobbies. Budget alternatives in adjacent neighborhoods such as areas south of NW 10th Street or north of NW 23rd rent $650 to $850 but often have minimal amenities and may be in older stock with fewer unit options. Drexel Square's value proposition is stability: older construction than new Plaza District projects, but well-maintained grounds, consistent management, and the Drexel corridor's established retail and dining base. Choose Drexel Square if you want Midtown location without paying new-construction premiums; choose newer Plaza District buildings if amenity variety and modern finishes justify higher rent; choose south or north alternatives if budget is the primary constraint.

Who Drexel Square suits and does not suit

Drexel Square works well for professionals employed in Midtown or nearby, people who want walkable access to NW 23rd Street restaurants and shops without commuting far, and renters comfortable in an established community without constant turnover or marketing noise. It suits people who prioritize location over interior showiness. It does not suit those seeking luxury finishes, high-end appliances, or resort-style amenities. It does not suit people who need flexible month-to-month leases (though the leasing office may accommodate short-term requests during low-occupancy periods). It is not ideal for renters who require immediate move-in; applications typically take five to seven business days to process.

Application and move-in process

Prospective tenants visit the leasing office to view available floor plans and receive current pricing. Applications require proof of income (typically 2.5 times the monthly rent), a valid ID, and authorization for a background and credit check. The property runs TransUnion or similar checks; approval or denial typically comes within five business days. Once approved, tenants sign a lease, pay the security deposit and first month's rent, and receive keys. Move-in typically occurs within three to five business days of lease signing, though this varies by unit turnover and maintenance schedules. No application fee is charged, though the credit check and background screening cost the applicant nothing upfront (absorbed as part of the application process or stated separately).

Location, parking, and access

Drexel Square's address places it near the intersection of Drexel Avenue and NW 23rd Street, within walking distance of Midtown's retail core. Parking is on-site, uncovered, with one space per unit included in rent; additional spaces rent for $25 to $40 per month. Street parking is available on surrounding blocks but limited. The property does not provide dedicated transit stops, though OKC's MAPS 3 bus routes serve nearby NW 23rd Street corridors. The leasing office is open Monday through Friday, 9 a.m. to 5 p.m., and Saturday from 10 a.m. to 4 p.m.; Sunday hours vary or are by appointment.

Drexel Square fills a practical role in Oklahoma City's rental market: it offers Midtown location and neighborhood stability at a price point below new-construction premiums, making it a sound choice for renters prioritizing access to the neighborhood over cutting-edge amenities.