Penn Grand Apartments in Oklahoma City: Mid-Range Option Near Medical District
Penn Grand Apartments is a mid-sized residential complex located in Oklahoma City's Medical District corridor, offering one- and two-bedroom floor plans at pricing competitive with comparable properties along the NW 13th Street corridor.
What Penn Grand actually is
Penn Grand operates as a garden-style apartment community positioned between downtown and the northwest residential zone. The property consists of walk-up buildings rather than a high-rise structure, with a footprint typical of complexes built in the 1990s and early 2000s in this area. It serves renters seeking proximity to OU Health, integrative care offices, and the expanding medical employment corridor without the premium pricing of newer downtown lofts.
Lease terms, deposits, and application process
Penn Grand requires a standard lease, typically 12 months. Security deposits equal one month's rent. The application process includes a credit check, income verification (usually requiring income at 2.5 to 3 times the monthly rent), and a background check. Most Oklahoma City apartment complexes follow these baseline standards; Penn Grand aligns with them. The property accepts online applications through its office or website. Move-in timelines average 14 to 21 days after approval, depending on unit availability.
Pricing and available floor plans
One-bedroom units range from approximately $550 to $650 per month, while two-bedroom apartments run $700 to $850 monthly. Pricing varies by floor level, unit age, and lease length. Rent amounts change seasonally; confirm current rates directly with the leasing office, as these ranges shift with market conditions. All units include basic appliances (refrigerator, stove, dishwasher). Some two-bedroom layouts offer washer-dryer hookups, though in-unit machines are not standard across the property. Parking is unassigned and included in rent.
How Penn Grand compares to other Medical District apartments
Penn Grand's per-unit pricing undercuts newer properties like those in the Plaza District or along Broadway by $150 to $300 monthly. Edmond-based complexes closer to OU campus typically charge similar rates but offer fewer proximity-to-work options for medical professionals. Penn Grand's trade-off is architectural age in exchange for lower cost and walkability to medical offices. For renters willing to live further north near Bethany or Warr Acres, pricing dips another $100 to $150, but commute time to the Medical District adds 10 to 15 minutes. Residents choosing downtown loft-style living pay 40 to 60 percent more for newer construction and urban amenities Penn Grand does not provide.
Who it suits and who it does not
Penn Grand works well for OU Health employees, medical students, and residents accepting older garden-style construction in exchange for affordability and location. It suits people commuting daily into the Medical District and those requiring a quick commute to the administrative offices and clinic buildings along the NW 13th corridor. It does not suit renters prioritizing new construction, fitness centers, or pet-friendly policies (pet policies vary; verify directly). Households needing covered or reserved parking should ask about waitlist options, as unassigned spots fill during peak hours. Those seeking luxury finishes, smart-home technology, or modern architectural design will find newer alternatives better matched to their expectations.
What the first visit involves
Call the leasing office during business hours to schedule a tour. Penn Grand offers both office visits and, in some cases, virtual walkthroughs. In-person tours typically last 20 to 30 minutes and include walk-through of a model unit, review of available floor plans, and discussion of move-in costs (first month's rent plus security deposit). Bring proof of income and authorization for a credit check if you intend to apply same-day. The office can answer questions about utilities included in rent, maintenance response times, and lease renewal terms during this visit.
Hours, contact, and parking logistics
Penn Grand's leasing office is open Monday through Friday, 9 a.m. to 5:30 p.m., and Saturday 10 a.m. to 4 p.m. Verify current office hours before visiting. Parking is surface lot, unassigned, and included in all lease rates. During daytime medical appointments and shift changes in the corridor, lots fill; evening and weekend parking is generally available. The property does not offer reserved spaces or covered parking at standard lease rates. Public transit via EMBARK bus service on NW 13th Street provides an alternative for commuters.
Penn Grand fills a practical middle ground for medical professionals and students balancing budget and location within Oklahoma City's job-dense Medical District.
