Cheap Apartments for Rent near Velma, OK from $400 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Velma.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Lane Stone Apartments
1 to 2 Bedroom Apartments

Lane Stone Apartments

4733 NW Motif Manor BlvdLawton, OK 73505
  • Utilities Included
close
View Me
Copper Ridge
1 to 2 Bedroom Apartments

Copper Ridge

4751 NW Motif Manor BlvdLawton, OK 73505
close
View Me
Bella Vista Apartments
1 to 2 Bedroom Apartments

Bella Vista Apartments

1306 NW Irwin AveLawton, OK 73507
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
1410 NW Taylor Ave
1 to 2 Bedroom Apartments

1410 NW Taylor Ave

1410 NW Taylor AveLawton, OK 73507
close
View Me
Essa View Apartments
1 to 4 Bedroom Apartments

Essa View Apartments

622 SW Bishop RdLawton, OK 73501
Student Housing
close
View Me
Huntington Falls
1 to 3 Bedroom Apartments

Huntington Falls

1201 L St NEArdmore, OK 73401

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Summit Living
2 Bedroom Apartments

Summit Living

2302 NW 38th StLawton, OK 73505
  • Utilities Included
close
View Me
Ross Estates
1 to 2 Bedroom Apartments

Ross Estates

7301 SW Lee BlvdLawton, OK 73505
Corporate Housing
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
close
View Me
806 N Washington St
2 Bedroom Apartments

806 N Washington St

806 N Washington StArdmore, OK 73401
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Velma, OK Local Guide

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. Avalon of Lawton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Velma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arrow Motel Extended StayWeekly Rental1BR,1BA$195
Avalon of Lawton1 bedroom - Floor Plan 21BR,1BA$500
Lawton Courtyard Apartments1x11BR,1BA$525
Camden Apartments and Townhomes1 bedroom, 1 bath small1BR,1BA$535
Ozmun Apartments1 BEDROOM1BR,1BA$595
TimbersStudioStudio,1BA$625
Candlewood ApartmentsCharming 2-Bedroom, 1-Bath Apartment Convenient...2BR,1BA$695
Essa View Apartments1BR/1BA1BR,1BA$700
Peppertree Apartments1 Bd 1 Bth1BR,1BA$740
Fox Valley2+1 Up2BR,1BA$745

Best Value Apartments for Rent in Velma, OK and Nearby

As of July 31, 2026 the best value apartment in the Velma area is the $0.86 price per square foot Academic Heights Model at Fort Sill On Post Housing in the starting from $2,150. The second greatest value Velma apartment is the Downstairs 2Bed Model at Pecan Valley Apartments starting at $1,095 with a $0.94 price per square foot . Here is today’s list of the best values for Velma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fort Sill On Post HousingAcademic Heights3BR,3BA$0.86
Pecan Valley ApartmentsDownstairs 2Bed2BR,2BA$0.94
DISTRICT SIX10The Fort3BR,2BA$0.98
Ross EstatesTwo Bedroom One Bathroom2BR,1BA$0.94
Fox ValleySpacious 2-Bedroom 1-Bathroom Apartment Near Fo...2BR,1BA$0.94
Avendale Pointe2+1 Down2BR,1BA$0.95
Winds of Oak RidgeTWO BEDS2BR,1BA$1.00
Candlewood ApartmentsCharming 2-Bedroom, 1-Bath Apartment Convenient...2BR,1BA$0.87
Lawton Courtyard Apartments1x11BR,1BA$0.81
Avalon of Lawton1 bedroom - Floor Plan 21BR,1BA$0.97

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Decorative image of map

See the most popular apartments and homes in Velma, OK

View Map
Velma, OK Apartments Map
View Map
Velma, OK Rental Homes Map

Frequently Asked Questions about Cheap Velma Apartments

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 $250 at Arrow Motel Extended Stay.

What is the most affordable Velma Three Bedroom Apartment?

The best deal on a cheap Velma Three Bedroom Apartment rental is at Essa View Apartments and starts from $875.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.