
Cheap Apartments for Rent in Velma, OK from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Velma.


Candlewood Apartments

Ozmun Apartments

Bella Vista Apartments

Camden Apartments and Townhomes

Avendale Pointe Apartments

1410 NW Taylor Ave

Regency Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

West End Apartments

Sandpiper Apartments

Winds of Oak Forest

Blue Sky Apartments

Oak Hill Apartments

Winds of Oak Ridge

Peppertree Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Country Club View Apartments

Bison Ridge Apartments

Paragon Apartments

Stone Ridge Apartments

Huntington Falls Apartments

1105 W Walnut Ave

4834 SE Brown St

1009 West Pne
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1009 W Pine Ave

605 N 4th St

115 N Pear St

711 N D St

108 C St

912 C

1306 W Walnut Ave

601 i St
Velma, OK Local Guide

How much does it cost to rent an apartment in Velma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Velma Studio Apartments | $655 | $625 | $710 |
Velma 1 Bedroom Apartments | $751 | $195 | $1,769 |
Velma 2 Bedroom Apartments | $881 | $595 | $2,425 |
Velma 3 Bedroom Apartments | $1,036 | $790 | $2,575 |
Velma 4 Bedroom Apartments | $1,394 | $1,150 | $2,025 |
Browse Top Apartments in Velma
See all Apartments in VelmaExplore Velma
Velma, OK Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Velma Apartments for Rent and Nearby
The cheapest available apartment rental in Velma, OK is a 1 Bed unit found at Arrow Motel Extended Stay priced from $195. Candlewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Velma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Arrow Motel Extended Stay | Weekly Rental | 1BR,1BA | $195 |
Candlewood Apartments | 1+1 | 1BR,1BA | $495 |
Ozmun Apartments | 1 BEDROOM | 1BR,1BA | $495 |
Avalon of Lawton | 1 bedroom - Floor Plan 1 | 1BR,1BA | $515 |
Camden Apartments and Townhomes | 1 bedroom, 1 bath small | 1BR,1BA | $535 |
Avendale Pointe Apartments | 1+1 Up | 1BR,1BA | $595 |
Regency Apartments | 1 Bed | 1BR,1BA | $600 |
Pine Terrace | 1 Bed x 1 Bath | 1BR,1BA | $625 |
Sandpiper Apartments | 1 Bedroom x 1 Bath | 1BR,1BA | $629 |
Blue Sky Apartments | Studio | Studio,1BA | $650 |
Best Value Apartments for Rent in Velma, OK and Nearby
As of May 11, 2025 the best value apartment in the Velma area is the $0.93 price per square foot Two Bedroom, Two Bathrooms Model at Stone Ridge Apartments in the starting from $915. The second greatest value Velma apartment is the 2 Bed / 1 Bath w/ Den Model at Bison Ridge Apartments starting at $850 with a $0.87 price per square foot . Here is today’s list of the best values for Velma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stone Ridge Apartments | Two Bedroom, Two Bathrooms | 2BR,2BA | $0.93 |
Bison Ridge Apartments | 2 Bed / 1 Bath w/ Den | 2BR,1BA | $0.87 |
Ross Estates | Two Bedroom One Bathroom | 2BR,1BA | $0.84 |
Timbers | 2 Bedroom | 2BR,1BA | $0.97 |
Fox Valley | Two Bedroom x 1 Bath | 2BR,1BA | $0.89 |
1410 NW Taylor Ave | 1 Bedroom | 1BR,1BA | $0.87 |
Ozmun Apartments | 1 BEDROOM | 1BR,1BA | $0.66 |
Regency Apartments | 1 Bed | 1BR,1BA | $0.91 |
Avendale Pointe Apartments | 1+1 Up | 1BR,1BA | $0.95 |
Candlewood Apartments | 1+1 | 1BR,1BA | $0.84 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleVelma, OK
Ranked #84
Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Velma, OK
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Velma, OK Rentals by Map
See the most popular apartments and homes in Velma, OK
Getting Around Velma, OK
Walk Score®
9 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Velma Apartments
What is the Cheapest Studio apartment in Velma?
Currently the most affordable Cheap Studio Apartment in Velma is at Blue Sky Apartments listed at $650.
How much is rent for a Cheap One Bedroom Velma Apartment?
The lowest price for a Cheap One Bedroom Velma Apartment is $195 at Arrow Motel Extended Stay.
What is the lowest price for a Cheap Two Bedroom Velma Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Velma is starting from $595 at Candlewood Apartments.
What is the most affordable Velma Three Bedroom Apartment?
The best deal on a cheap Velma Three Bedroom Apartment rental is at Blue Sky Apartments and starts from $790.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.