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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

29
Units Listed
$1,871
Starting at
$4,062
Average
$11,784
Highest
$3.33
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Central Oklahoma City rent trends

Beds

Pricing by Bedroom

Studio
$1,987
from $1,871 · 3 units
~591 sqft avg
1 Bed
$3,171
from $2,169 · 14 units
~924 sqft avg
2 Bed
$5,620
from $4,069 · 12 units
~1,726 sqft avg
Specials Available 29 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 (26)

Largest 8 movers of 26

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

$124K

$1.5M annual run rate

Modeled estimate

Est. Occupancy

58%

of about 69 units (modeled from leasing activity)

Effective Rent on New Leases

$3,103

vs $4,062 current asking ($959 negotiation gap)

Recent Lease Activity

69 units tracked; 40 assumed leased, 29 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

29

Very high availability

22 floor plans

Move-in Specials

29

29 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 4 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

29 units
Studio / 1 Bath S-06
$1,871/mo
620 ft² · $3.02/ft² · #1310
6 Weeks Free
Up $4 since Aug 26 (was $1,867)
Studio / 1 Bath S-03
$2,005/mo
584 ft² · $3.43/ft² · #1216
6 Weeks Free
Down $53 since Aug 26 (was $2,058)
Studio / 1 Bath S-01
$2,084/mo
568 ft² · $3.67/ft² · #1705
6 Weeks Free
1 Bed / 1 Bath A-02
$2,169/mo
678 ft² · $3.20/ft² · #1608
6 Weeks Free
Down $74 since Aug 26 (was $2,243)
1 Bed / 1 Bath A-06
$2,207/mo
779 ft² · $2.83/ft² · #913
6 Weeks Free
Down $80 since Aug 26 (was $2,287)
1 Bed / 1 Bath A-06
$2,213/mo
779 ft² · $2.84/ft² · #1313
6 Weeks Free
Down $74 since Aug 26 (was $2,287)
1 Bed / 1 Bath A-02
$2,319/mo
678 ft² · $3.42/ft² · #1708
6 Weeks Free
Down $74 since Aug 26 (was $2,393)
1 Bed / 1 Bath A-04
$2,398/mo
732 ft² · $3.28/ft² · #1702
6 Weeks Free
Down $80 since Aug 26 (was $2,478)
1 Bed / 1 Bath A-04
$2,404/mo
732 ft² · $3.28/ft² · #1602
6 Weeks Free
Down $74 since Aug 26 (was $2,478)
1 Bed / 1 Bath A-03
$2,484/mo
728 ft² · $3.41/ft² · #2008
6 Weeks Free
Down $74 since Aug 26 (was $2,558)

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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