
Cheap Apartments for Rent in Thelma, KY from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Thelma.


Mary Lane Estates

1510 7th Ave

McGinnis Properties
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.

Garden Park Apartments

Top Notch Townhomes & Storage

Westmoreland Estates

Southmoor Hills

Townhomes & Flats at MSU

Herd Flats - Campus Housing

Breck Gardens
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.

Royal Oaks at Pea Ridge

Providence Hill Apartments

611 20th St W

618 Upper Beech Fork
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

607 20th St

139 Clayton Ave

2560 Main St

60 Township Rd 1118
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.

1219 West5th Ave

1706 Buffington Ave

131 Lancelot Ct

1572 Main St

1002 Libby Lane

66 Boncarbo Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

48 Ada Ct

2211 US-60

928 27th St
Thelma, KY Local Guide

How much does it cost to rent an apartment in Thelma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Thelma Studio Apartments | $1,033 | $715 | $1,250 |
Thelma 1 Bedroom Apartments | $1,030 | $600 | $3,150 |
Thelma 2 Bedroom Apartments | $1,096 | $640 | $2,957 |
Thelma 3 Bedroom Apartments | $1,350 | $1,071 | $2,350 |
Thelma 4 Bedroom Apartments | $1,201 | $1,201 | $1,201 |
Browse Top Apartments in Thelma
See all Apartments in ThelmaExplore Thelma
Thelma, KY Local Guide
- Nearby Cities
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Cheapest Available Thelma Apartments for Rent and Nearby
 The cheapest available apartment rental in Thelma, KY is a 1 Bed unit found at Mary Lane Estates priced from $615. Victory Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $621. Here is today’s list of the most affordable Thelma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mary Lane Estates | 1 Bed, 1 bath | 1BR,1BA | $615 |
Victory Place | 1 Bedroom Unit | 1BR,1BA | $621 |
Fort Gay Apartments | 2 Bedroom | 2BR,1BA | $640 |
The Place at Slate Creek | One Bedroom | 1BR,1BA | $650 |
McGinnis Properties | Townhome | 2BR,1BA | $700 |
Garden Park Apartments | Studio | Studio,1BA | $715 |
Main Street Apartments | 2 Bed/1 Bath | 2BR,1BA | $725 |
Paint Landing | 2 Bedroom Unit | 2BR,1BA | $745 |
Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1BA | $750 |
Lynwood Ter | 2 bed | 2BR,1BA | $750 |
Best Value Apartments for Rent in Thelma, KY and Nearby
As of September 11, 2025 the best value apartment in the Thelma area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Thelma apartment is the 3 Bed/1.5 Bath Townhouse Model at 3811-3850 Sleepy Hollow Dr starting at $1,300 with a $0.87 price per square foot in the Teays Valley Hurricane neighborhood. Here is today’s list of the best values for Thelma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
3811-3850 Sleepy Hollow Dr | 3 Bed/1.5 Bath Townhouse | 3BR,1.5BA | $0.87 |
SABLE POINT | 3 Bedroom 2 Bathroom - Split Bedroom Layout | 3BR,2BA | $0.95 |
Paint Landing | 2 Bedroom Unit | 2BR,1.5BA | $0.72 |
Emerald Gardens | 2 bedrooms | 2BR,1.5BA | $0.85 |
Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.78 |
Main Street Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.91 |
Brook Side Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.00 |
Fort Gay Apartments | 2 Bedroom | 2BR,1BA | $0.95 |
Victory Place | 1 Bedroom Unit | 1BR,1BA | $0.95 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Thelma Apartments
What is the Cheapest Studio apartment in Thelma?
Currently the most affordable Cheap Studio Apartment in Thelma is at Garden Park Apartments listed at $715.
How much is rent for a Cheap One Bedroom Thelma Apartment?
The lowest price for a Cheap One Bedroom Thelma Apartment is $615 at Mary Lane Estates.
What is the lowest price for a Cheap Two Bedroom Thelma Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Thelma is starting from $640 at Fort Gay Apartments.
What is the most affordable Thelma Three Bedroom Apartment?
The best deal on a cheap Thelma Three Bedroom Apartment rental is at Southmoor Hills and starts from $1,071.
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.

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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.