
Cheap Homes for Rent in Velma, OK from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Velma.


1009 West Pne

1009 W Pine Ave

1105 W Walnut Ave

115 N Pear St

1622 S Green Ave

711 N D St

108 C St

601 i St

805 W Pine Ave

210 S 7th St

400-4B3 E Main St

205 G St
Velma, OK Local Guide

How much does it cost to rent a home in Velma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Velma 2 Bedroom Homes for Rent | $1,074 | $740 | $1,700 |
Velma 3 Bedroom Homes for Rent | $1,524 | $950 | $1,875 |
Velma 4 Bedroom Homes for Rent | $1,983 | $1,900 | $2,100 |
Velma 7 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Velma
Explore Velma
Velma, OK Local Guide
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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 Up | 1BR,1BA | $495 |
Regency Apartments | 1 Bed | 1BR,1BA | $509 |
Avalon of Lawton | 1 bedroom - Floor Plan 1 | 1BR,1BA | $515 |
Camden Apartments and Townhomes | 1 bedroom, 1 bath small | 1BR,1BA | $535 |
Best Value Apartments for Rent in Velma, OK and Nearby
As of April 15, 2025 the best value apartment in the Velma area is the $0.95 price per square foot 3 Bedroom 2 Bath Townhouse Model at The Bristol Apartments in the starting from $1,174. The second greatest value Velma apartment is the 2 Bed 2 Bath Flat Model at Summit Ridge starting at $980 with a $0.97 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. |
---|---|---|---|
The Bristol Apartments | 3 Bedroom 2 Bath Townhouse | 3BR,2BA | $0.95 |
Summit Ridge | 2 Bed 2 Bath Flat | 2BR,2BA | $0.97 |
Stone Ridge Apartments | Two Bedroom, Two Bathrooms | 2BR,2BA | $0.93 |
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 |
Regency Apartments | 2 Bed | 2BR,1BA | $0.88 |
1410 NW Taylor Ave | 1 Bedroom | 1BR,1BA | $0.75 |
Avendale Pointe Apartments | 1+1 Up | 1BR,1BA | $0.95 |
Candlewood Apartments | 1+1 Down | 1BR,1BA | $0.92 |
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Frequently Asked Questions about Velma
What type of rentals are currently available in Velma?
There are currently 45 Apartments for Rent in Velma, OK with pricing that ranges from $195 to $2,625. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Velma ranging from $550 to $4,500.
What is the current price range for Rental Homes in Velma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Velma ranges from $550 to $4,500 with an average monthly rent of $1,941.
How much are larger Three and Four Bedroom Rentals in Velma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Velma range from $875 to $2,553, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,875. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,150.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.