|Champions||ASK Vorwärts Berlin|
|Relegated||SC Neubrandenburg BSG Motor Steinach|
|European Cup||ASK Vorwärts Berlin|
|European Cup Winners' Cup||SC Aufbau Magdeburg|
|Inter-Cities Fairs Cup||SC Leipzig|
|Goals scored||529 (2.91 per match)|
|Top goalscorer||Bernd Bauchspieß (14)|
Bernd Bauchspieß of BSG Chemie Leipzig was the league's top scorer with 14 goals, becoming the first player to finish as top scorer on three occasions. For the third time the title East German Footballer of the year was awarded, going to Horst Weigang of SC Leipzig.
On the strength of the 1964–65 title Vorwärts qualified for the 1965–66 European Cup where the club was knocked out by Manchester United in the first round. Seventh-placed club SC Aufbau Magdeburg qualified for the 1965–66 European Cup Winners' Cup as the seasons FDGB-Pokal winner and was knocked out by West Ham United in the quarter finals. Fourth-placed SC Leipzig qualified for the 1965–66 Inter-Cities Fairs Cup where it was knocked out in the second round by Leeds United.
|1||ASK Vorwärts Berlin||26||17||3||6||51||24||+27||37|
|2||SC Motor Jena||26||14||4||8||41||27||+14||32|
|3||BSG Chemie Leipzig||26||11||9||6||47||29||+18||31|
|5||SC Empor Rostock||26||13||2||11||37||33||+4||28|
|6||BSG Lokomotive Stendal||26||9||8||9||47||42||+5||26|
|7||SC Aufbau Magdeburg||26||9||7||10||35||35||0||25|
|8||BSG Motor Zwickau||26||9||6||11||36||46||-10||24|
|9||BSG Wismut Aue||26||6||12||8||23||36||-13||24|
|12||SC Dynamo Berlin||26||8||6||12||27||37||-10||22|
|14||BSG Motor Steinach||26||8||3||15||28||49||-21||19|
|League champion & Qualified for the European Cup||FDGB-Pokal winner & Qualified for the European Cup Winners' Cup||Qualified for the Inter-Cities Fairs Cup||Relegated to DDR-Liga|
- fuwo, page: 93
- fuwo, page: 23
- "East Germany - List of Champions". rsssf.com. Retrieved 22 January 2016.
- "DDR-Meister" [East German champions]. dfb.de (in German). German Football Association. Retrieved 22 January 2016.
- "DDDR » Oberliga » Torschützenkönige" [DDR-Oberliga top scorers]. Weltfussball.de (in German). Retrieved 22 January 2016.
- fuwo, page: 92
- "European Competitions 1965-66". rsssf.com. Retrieved 22 January 2016.
- "East Germany 1946-1990". rsssf.com. Retrieved 22 January 2016.
- "DDR » Oberliga 1964–65" [DDR-Oberliga 1964–65]. Weltfussball.de (in German). Retrieved 22 January 2016.
- "Das war unser Fußball im Osten" [This was our football in the East]. Fußball-Woche (fuwo) (in German). Berlin: Axel-Springer-Verlag. 1991.
- Das Deutsche Fussball Archiv (German) Historic German league tables