Cheap Apartments for Rent near Thelma, KY from $400 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Thelma.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Emerald Gardens
2 to 3 Bedroom Apartments

Emerald Gardens

10 Claudia CtBranchland, WV 25506
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The Prichard
1 Bedroom Apartments

The Prichard

605 9th StHuntington, WV 25701
Senior Living
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Imperial Lofts
1 to 3 Bedroom Apartments

Imperial Lofts

2133 8th AveHuntington, WV 25701
Senior Living
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1429 3rd Ave
1 to 4 Bedroom Apartments

1429 3rd Ave

1429 3rd AveHuntington, WV 25701

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Mary Lane Estates
1 to 2 Bedroom Apartments

Mary Lane Estates

100 Berry LnBarboursville, WV 25504
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Victory Place
1 to 3 Bedroom Apartments

Victory Place

6026 Us-60 EHuntington, WV 25705
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Hickory Way Apartments
2 Bedroom Apartments

Hickory Way Apartments

1150 Florida StMilton, WV 25541
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4 Circle Dr
2 Bedroom Apartments

4 Circle Dr

4 Circle DrHuntington, WV 25701

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.

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The Cloister
1 to 2 Bedroom Apartments

The Cloister

903-911 9th AveHuntington, WV 25701
55+ Active Adult
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Oakbrook
2 Bedroom Apartments

Oakbrook

122 Roy Campbell DrHazard, KY 41701

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.

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Thelma, KY Local Guide

Cheapest Available Thelma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Thelma, KY is a 1 Bed unit found at Fort Gay Apartments in the Wayne County neighborhood priced from $600. The Place at Slate Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Thelma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$600
The Place at Slate CreekOne Bedroom1BR,1BA$700
McGinnis PropertiesTownhome2BR,1BA$700
Lynwood Ter2 bed2BR,1BA$750
Patriot Walker (FKA Village Hill)STUDIO1BR,1BA$750
(Transitioned) Westmoreland1 Bedroom 1 Bathroom1BR,1BA$790
Herd Flats - Campus HousingUnfurnished2BR,1BA$800
Emerald Gardens2 Bedroom C2BR,1BA$820
Southmoor HillsGarden Type F1BR,1BA$832
Brook Side Apartments2 Bed/1 Bath2BR,1BA$850

Best Value Apartments for Rent in Thelma, KY and Nearby

As of August 03, 2026 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 $1,350 with a $0.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
McGinnis PropertiesTownhome2BR,1.5BA$0.46
3811-3850 Sleepy Hollow Dr3 Bed/1.5 Bath Townhouse3BR,1.5BA$0.90
Presidio1 Bedroom 1 Bath Garden Apartment with Single C...1BR,1BA$0.91
Emerald Gardens2 Bedroom C2BR,1BA$0.80
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$0.94
Patriot Walker (FKA Village Hill)2 Bedroom 1 Bathroom2BR,1BA$1.06
Buffington ApartmentsBUFFINGTON2BR,1BA$1.06
Brook Side Apartments2 Bed/1 Bath2BR,1BA$1.06
Marshall Apartments2 bedroom2BR,1BA$0.86
Fort Gay Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95

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.

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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.

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

Explore Thelma, KY Rentals by Map

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See the most popular apartments and homes in Thelma, KY

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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 Patriot Walker (FKA Village Hill) listed at $750.

How much is rent for a Cheap One Bedroom Thelma Apartment?

The lowest price for a Cheap One Bedroom Thelma Apartment is $600 at Fort Gay Apartments.

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 $1,149.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.