
Cheap Apartments for Rent in Thelma, KY from $500 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Thelma.


1429 3rd Ave

Fort Gay Apartments

1510 7th Ave

University Suites

Hickory Way Apartments

The Place at Slate Creek

McGinnis Properties

Riverside Landing

Barnett Commons
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.

Patriot Walker (FKA Village Hill)

Lynwood Ter

Garden Park Apartments

Herd Flats - Campus Housing

The Cloister

Brook Side Apartments

Southmoor Hills

Breck Gardens

Top Notch Townhomes & Storage

Oakbrook
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.

Buffington Apartments

Royal Oaks at Pea Ridge

Providence Hill Apartments

Townhomes & Flats at MSU

1439 6th Avenue

Hidden Brook Apartments

SABLE POINT

Imperial Lofts

4547-4535 Piedmont Rd

Mary Lane Estates
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.

Maury Village Apartments

518 9th Ave

607 20th St

4 Circle Dr

Main Street Apartments

(Transitioned) Westmoreland

Greentree Apartments

6466 Farmdale Rd

Emerald Gardens

60 Township Rd 1118
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.

Sawgrass Greene

122 E Main St

238 Township Rd 1110

25 Alice Ct

11 Birchwood Ct

1020 Church St

131 Lancelot Ct

3348 8th Street Rd

1311 Huntington Ave

837 Kentucky Ave SW
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.
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 | $942 | $750 | $1,400 |
| Thelma 1 Bedroom Apartments | $888 | $503 | $3,150 |
| Thelma 2 Bedroom Apartments | $1,118 | $640 | $3,087 |
| Thelma 3 Bedroom Apartments | $1,424 | $850 | $2,350 |
| Thelma 4 Bedroom Apartments | $1,242 | $1,200 | $1,284 |
Browse Top Apartments in Thelma
See all Apartments in ThelmaExplore Thelma
Thelma, KY Local Guide
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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 The Prichard priced from $503. 1429 3rd Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Thelma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Prichard | The Grand | 1BR,1BA | $503 |
| 1429 3rd Ave | 1 Bedroom | 1BR,1BA | $550 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
| Hickory Way Apartments | 2 Bdr | 2BR,1BA | $640 |
| The Place at Slate Creek | One Bedroom | 1BR,1BA | $700 |
| McGinnis Properties | Townhome | 2BR,1BA | $700 |
| Riverside Landing | 2 Bed / 1 Bath | 2BR,1BA | $715 |
| Barnett Commons | 2 Bed 55+ | 2BR,1BA | $740 |
| Patriot Walker (FKA Village Hill) | STUDIO | 1BR,1BA | $750 |
| Lynwood Ter | 2 bed | 2BR,1BA | $750 |
Best Value Apartments for Rent in Thelma, KY and Nearby
As of June 18, 2026 the best value apartment in the Thelma area is the $0.78 price per square foot 2 Bedroom 2 Bath Garden Apartment with 2 Car Ga... Model at Country Club Village Apartments in the in the Outer S Charleston Kanawha City neighborhood starting from $1,395. The second greatest value Thelma apartment is the Townhome Model at McGinnis Properties starting at $700 with a $0.46 price per square foot . 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. |
|---|---|---|---|
| Country Club Village Apartments | 2 Bedroom 2 Bath Garden Apartment with 2 Car Ga... | 2BR,2BA | $0.78 |
| McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
| 3811-3850 Sleepy Hollow Dr | 3 Bed/1.5 Bath Townhouse | 3BR,1.5BA | $0.90 |
| Sawgrass Greene | 3 Bedroom Unit | 3BR,1.5BA | $0.76 |
| Oakbrook | 2BR/2BA | 2BR,2BA | $0.90 |
| Emerald Gardens | 2 bedrooms | 2BR,1.5BA | $0.84 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
| Hickory Way Apartments | 2 Bdr | 2BR,1BA | $0.77 |
| Marshall Apartments | 2 bedroom | 2BR,1BA | $0.86 |
| The Prichard | The Classic | 1BR,1BA | $0.80 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Thelma, KY Rentals by Map
See the most popular apartments and homes in Thelma, KY
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 $503 at The Prichard.
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 Barnett Commons and starts from $850.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.