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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

4.7 (115 reviews) Official Website

Live pricing, refreshed

24
Units Listed
$1,786
Starting at
$3,696
Average
$10,649
Highest
$3.39
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Central Oklahoma City rent trends

Beds

Pricing by Bedroom

Studio
$1,855
from $1,786 · 3 units
~642 sqft avg
1 Bed
$2,686
from $2,348 · 13 units
~773 sqft avg
2 Bed
$5,367
from $4,934 · 7 units
~1,526 sqft avg
3 Bed
$10,649
from $10,649 · 1 units
~3,489 sqft avg
Specials Available 24 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 (55)

Largest 8 movers of 55

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

$1.2M

$14M annual run rate

Modeled estimate

Est. Occupancy

93%

of about 341 units (modeled from leasing activity)

Effective Rent on New Leases

$3,708

vs $3,696 current asking

Recent Lease Activity

60 units tracked; 36 assumed leased, 24 listed now

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

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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

24

Good availability

17 floor plans

Move-in Specials

24

24 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. Oklahoma City, OK

Citywide

Showing citywide comparison (not enough Oklahoma City, OK properties tagged with "Central Oklahoma City" for a local match). Click any bar to view that building.

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

Available Units

24 units
Studio / 1 Bath S-07
$1,786/mo
653 ft² · $2.74/ft\u00B2 · #1105
6 Weeks Free
Down $51 since Jul 16 (was $1,837)
Studio / 1 Bath S-06
$1,847/mo
620 ft² · $2.98/ft\u00B2 · #1010
6 Weeks Free
Down $50 since Jul 16 (was $1,897)
Studio / 1 Bath S-07
$1,932/mo
653 ft² · $2.96/ft\u00B2 · #1115
6 Weeks Free
Down $50 since Jul 16 (was $1,982)
1 Bed / 1 Bath A-02
$2,348/mo
678 ft² · $3.46/ft\u00B2 · #1608
6 Weeks Free
Up $70 since Jul 16 (was $2,278)
1 Bed / 1 Bath A-06
$2,392/mo
779 ft² · $3.07/ft\u00B2 · #1313
6 Weeks Free
Up $70 since Jul 16 (was $2,322)
1 Bed / 1 Bath A-06
$2,392/mo
779 ft² · $3.07/ft\u00B2 · #913
6 Weeks Free
Up $70 since Jul 16 (was $2,322)
1 Bed / 1 Bath A-02
$2,498/mo
678 ft² · $3.68/ft\u00B2 · #1708
6 Weeks Free
Up $70 since Jul 16 (was $2,428)
1 Bed / 1 Bath A-04
$2,583/mo
732 ft² · $3.53/ft\u00B2 · #1602
6 Weeks Free
Up $70 since Jul 16 (was $2,513)
1 Bed / 1 Bath A-04
$2,583/mo
732 ft² · $3.53/ft\u00B2 · #1702
6 Weeks Free
Up $70 since Jul 16 (was $2,513)
1 Bed / 1 Bath A-03
$2,663/mo
728 ft² · $3.66/ft\u00B2 · #2008
6 Weeks Free
Up $70 since Jul 16 (was $2,593)

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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Central Oklahoma City Rent Trends

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