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The First Residences Apartments apartments in Oklahoma City, OK

Updated

The First Residences Apartments

140 Park Ave, Oklahoma City, OK 73102, USA

4.7 (115 reviews) Official Website

Live pricing, refreshed

31
Units Listed
$1,808
Starting at
$3,886
Average
$11,784
Highest
$3.27
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Central Oklahoma City rent trends

Beds

Pricing by Bedroom

Studio
$1,966
from $1,808 · 4 units
~606 sqft avg
1 Bed
$3,059
from $2,094 · 15 units
~918 sqft avg
2 Bed
$5,561
from $3,990 · 12 units
~1,726 sqft avg
Specials Available 31 units

6 Weeks Free

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (27)

Largest 8 movers of 27

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$122K

$1.5M annual run rate

Modeled estimate

Est. Occupancy

56%

of about 70 units (modeled from leasing activity)

Effective Rent on New Leases

$3,136

vs $3,886 current asking ($750 negotiation gap)

Recent Lease Activity

70 units tracked; 39 assumed leased, 31 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

31

Very high availability

24 floor plans

Move-in Specials

31

31 units with active promos

Use competing promos as leverage

Negotiation Leverage

Strong leverage

High availability and active promos suggest this building is eager to fill units.

Price vs. Central Oklahoma City

Neighborhood

Comparing 5 apartments in Central Oklahoma City. Click any bar to view that building.

See Central Oklahoma City rent trends on the Oklahoma City, OK map Explore Oklahoma City, OK on the interactive map

Available Units

31 units
Studio / 1 Bath S-06
$1,808/mo
620 ft² · $2.92/ft² · #1310
6 Weeks Free
Down $63 since Aug 28 (was $1,871)
Studio / 1 Bath S-03
$1,942/mo
584 ft² · $3.33/ft² · #1216
6 Weeks Free
Down $63 since Aug 28 (was $2,005)
Studio / 1 Bath S-01
$2,021/mo
568 ft² · $3.56/ft² · #1705
6 Weeks Free
Down $63 since Aug 28 (was $2,084)
Studio / 1 Bath S-07
$2,093/mo
653 ft² · $3.21/ft² · #1115
6 Weeks Free
Up $281 since Aug 30 (was $1,812)
1 Bed / 1 Bath A-02
$2,094/mo
678 ft² · $3.09/ft² · #1608
6 Weeks Free
Up $4 since Aug 30 (was $2,090)
1 Bed / 1 Bath A-06
$2,133/mo
779 ft² · $2.74/ft² · #913
6 Weeks Free
Up $4 since Aug 30 (was $2,129)
1 Bed / 1 Bath A-06
$2,138/mo
779 ft² · $2.74/ft² · #1313
6 Weeks Free
Up $4 since Aug 30 (was $2,134)
1 Bed / 1 Bath A-02
$2,244/mo
678 ft² · $3.31/ft² · #1708
6 Weeks Free
Up $3 since Aug 30 (was $2,241)
1 Bed / 1 Bath A-04
$2,320/mo
732 ft² · $3.17/ft² · #1702
6 Weeks Free
Down $78 since Aug 28 (was $2,398)
1 Bed / 1 Bath A-04
$2,330/mo
732 ft² · $3.18/ft² · #1602
6 Weeks Free
Up $4 since Aug 30 (was $2,326)

Train activity

Severe nighttime trains

Freight line 1,173 ft away · 18 trains/day

  • 9 daytime, 9 overnight
  • Crossing 1,173 ft away. Horns expected day and night.
  • Operator: BNSF

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Oklahoma City, OK notes

No resident notes for this property yet.

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