Judges changed his conviction from manslaughter to murder last week. He has already served one year in prison.
Pistorius now faces a minimum sentence of 15 years' imprisonment, if he fails in a bid to overturn his conviction.
He intends to mount an appeal at the highest court in South Africa, the Constitutional Court.
The double amputee's bail application also revealed that he had enrolled to study "a BSc business with law degree" at the London School of Economics - but the university insisted that it does not offer that degree or correspondence courses.
Pistorius indicated in court documents that he intended to lodge an appeal to the highest court in the land. This would be the very last legal avenue available for the disgraced athlete to overturn his conviction.
Bail has been set at 10,000 rand ($700, £450). Pistorius was deemed not to be a flight risk by Judge Audrey Ledwaba.
Pistorius can remain under house arrest at his uncle's home until sentencing next year, and will be electronically tagged. He also has to hand over his passport.
He will be able to leave the house between 07:00 and midday, but will only be able to move within a 20km (12 miles) radius.
In his bail affidavit, he said he had no income. During the hearing, his lawyer said he was only able to pay a sum of 10,000 rand for his bail.
The 29-year-old killed Ms Steenkamp on Valentine's Day after shooting four times through a locked toilet door.
Pistorius is a six-time Paralympic gold medallist whose legs were amputated below the knee as a baby. He made history by becoming the first amputee sprinter to compete at the Olympics, in 2012, running on prosthetic "blades".
Last week, South Africa's Supreme Court of Appeal in Bloemfontein accepted prosecution arguments and ruled that the lower court did not correctly apply the concept of "dolus eventualis" - whether Pistorius knew that a death would be a likely result of his actions.
Last week's ruling said that having armed himself with a high-calibre weapon, Pistorius must have foreseen that whoever was behind the door might die, especially given his firearms training.
Pistorius always maintained that he believed there was an intruder in the house - but Justice Eric Leach said that the identity of the person behind the door was "irrelevant to his guilt".
The judge added that Pistorius did "not take that most elementary precaution of firing a warning shot".
Many South Africans were upset by the original acquittal on murder charges. Women's rights groups argued he should have been found guilty of murder as a deterrent because of the high number of women who are killed by their partners in the country.
The double amputee was released from prison on October 19 under "correctional supervision", having served a sixth of his sentence.
PISTORIUS KEY DATES
August 2012: Competes in London Olympics and Paralympics, where he won a gold medal
February 2013: Shoots dead his girlfriend Reeva Steenkamp
March 2014: Trial begins
September 2014: Judge finds Pistorius guilty of culpable homicide
October 2014: Begins five-year sentence
October 2015: Transferred to house arrest
December 2015: Appeal court changes verdict to murder
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