1105 W Walnut Ave
DuncanOK73533
Cheap Homes for Rent in Velma, OK from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Velma.
408 W Chestnut Ave
DuncanOK73533
603 N 11th St
DuncanOK73533
112 W Cedar Ave
DuncanOK73533
315 S 15th St
DuncanOK73533
711 N D St
DuncanOK73533
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.
602 W Oklahoma Ave
SulphurOK73086
1514 Harris St NW
ArdmoreOK73401
701 E St NW
ArdmoreOK73401
914 W Vinita Ave
SulphurOK73086
201 E Walnut Ave
DuncanOK73533
1010 C
DuncanOK73533
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.
1033 SE Alta Ln
LawtonOK73501
400-4A2 E Main St
SterlingOK73567
222 S 4th St
RinglingOK73456
506 N C St
DuncanOK73533
514 15th Ave NW
ArdmoreOK73401
5 Cabin Rd
DavisOK73030
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-18, Page 1 of 1
Velma, OK Local Guide
Oklahoma Sunrise by Toa Slim 2014 is licensed under CC BY 2.0
How much does it cost to rent a home in Velma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Velma 2 Bedroom Homes for Rent | $797 | $700 | $1,000 |
| Velma 3 Bedroom Homes for Rent | $1,267 | $825 | $1,600 |
| Velma 4 Bedroom Homes for Rent | $1,641 | $925 | $2,500 |
Browse Top Homes for Rent in Velma
Explore Velma
Velma, OK Local Guide
- Nearby Cities
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrow Motel Extended Stay | Weekly Rental | 1BR,1BA | $195 |
| Avalon of Lawton | 1 bedroom - Floor Plan 2 | 1BR,1BA | $500 |
| Lawton Courtyard Apartments | 1x1 | 1BR,1BA | $525 |
| Camden Apartments and Townhomes | 1 bedroom, 1 bath small | 1BR,1BA | $535 |
| Ozmun Apartments | 1 BEDROOM | 1BR,1BA | $595 |
Best Value Apartments for Rent in Velma, OK and Nearby
As of May 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fort Sill On Post Housing | Academic Heights | 3BR,3BA | $0.86 |
| Pecan Valley Apartments | Downstairs 2Bed | 2BR,2BA | $0.94 |
| Ross Estates | Two Bedroom One Bathroom | 2BR,1BA | $0.95 |
| Fox Valley | Spacious 2-Bedroom 1-Bathroom Apartment Near Fo... | 2BR,1BA | $0.94 |
| Winds of Oak Forest | 2BR/1BA | 2BR,1BA | $0.92 |
| Candlewood Apartments | Charming 2-Bedroom, 1-Bath Apartment Convenient... | 2BR,1BA | $0.87 |
| Timbers | 1 Bedroom | 1BR,1BA | $0.93 |
| Regency Apartments | 1 Bed | 1BR,1BA | $0.91 |
| 67th Suites | Sixty7th Suites | 1BR,1BA | $0.45 |
| Lawton Courtyard Apartments | 1x1 | 1BR,1BA | $0.81 |
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
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 ArticleQuick 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.
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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
Frequently Asked Questions about Velma
What type of rentals are currently available in Velma?
There are currently 49 Apartments for Rent in Velma, OK with pricing that ranges from $195 to $2,971. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Velma ranging from $550 to $4,000.
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 $4,000 with an average monthly rent of $1,676.
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 $895 to $2,971, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $1,600. Four Bedroom Single-Family rentals are also available starting from $925 and Four Bedroom Apartments start at $1,250.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.