Cheap Homes for Rent in Velma, OK from $600 (15 Rentals)

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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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 Avalon of Lawton priced from $465. Bella Vista Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Velma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Avalon of Lawton1 bedroom - Floor Plan 11BR,1BA$465
Bella Vista ApartmentsOne bedroom1BR,1BA$525
Camden Apartments and Townhomes1 bedroom, 1 bath small1BR,1BA$535
Candlewood Apartments1+11BR,1BA$595
Ozmun Apartments1 BEDROOM1BR,1BA$595

Best Value Apartments for Rent in Velma, OK and Nearby

As of October 14, 2025 the best value apartment in the Velma area is the $0.97 price per square foot 2 Bed 2 Bath Flat Model at Summit Ridge in the starting from $980. The second greatest value Velma apartment is the 2 BED 2 BATH Model at Ozmun Apartments starting at $895 with a $0.90 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.
Summit Ridge2 Bed 2 Bath Flat2BR,2BA$0.97
Ozmun Apartments2 BED 2 BATH2BR,2BA$0.90
Ross EstatesTwo Bedroom One Bathroom2BR,1BA$0.92
Fox ValleyTwo Bedroom x 1 Bath2BR,1BA$0.95
Winds of Oak RidgeTWO BEDS2BR,1BA$0.96
1410 NW Taylor Ave1 Bedroom1BR,1BA$0.87
Regency Apartments1 Bed1BR,1BA$0.91
Avendale Pointe Apartments1+1 Up1BR,1BA$0.95
Bella Vista ApartmentsOne bedroom1BR,1BA$0.91
Avalon of Lawton1 bedroom - Floor Plan 21BR,1BA$0.97

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Pet Friendly Lifestyle
Velma, OK

Ranked #123

Among cities in Oklahoma for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Velma

What type of rentals are currently available in Velma?

There are currently 46 Apartments for Rent in Velma, OK with pricing that ranges from $465 to $2,742. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Velma ranging from $600 to $1,900.

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 $600 to $1,900 with an average monthly rent of $1,048.

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 $790 to $2,742, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $975.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.