Cheap Apartments for Rent in the Shelby Park Neighborhood of Louisville, KY from $500 (107 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shelby Park area of Louisville.

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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property at 947 S Brook St

947 S Brook St

LouisvilleKY40203

Shelby Park

Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

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property at 952 S Floyd St

952 S Floyd St

LouisvilleKY40203
Showing Results 1-50, Page 1 of 3

Shelby Park, Louisville, KY Local Guide

Cheapest Available Shelby Park Apartments for Rent

 

The cheapest available apartment rental in the Shelby Park area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Yugo Louisville Nine has the second lowest priced unit, which is a 4 Beds apartment currently listed from $709. Here are the most affordable Shelby Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Lofts on OrmsbyStudioStudio,1BA$775
The QuadStudio – 1 BathroomStudio,1BA$795
Germantown Village Apartments1 Bedrooms1BR,1BA$799
Vue at 3rd StreetStudioStudio,1BA$799
Cathedral CommonsStudioStudio,1BA$850
800 Towers Apartments1x11BR,1BA$858

Best Value Apartments for Rent in Shelby Park, KY

As of March 13, 2025 the best value apartment in the Shelby Park area is the $1.20 price per square foot 1312 E Washington St Model at 1312 E Washington St, Unit 1 in the in the Phoenix Hill neighborhood starting from $1,800. The second greatest value Shelby Park apartment is the 1646 Lucia Ave Model at 1646 Lucia Ave, Unit 4 starting at $1,100 with a $0.92 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Shelby Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1312 E Washington St, Unit 11312 E Washington St2BR,1BA$1.20
1646 Lucia Ave, Unit 41646 Lucia Ave2BR,1BA$0.92
1418 S Floyd St, Unit 31418 S Floyd St2BR,1BA$1.00
204 W Hill St, Unit 204204 W Hill St3BR,2BA$1.27
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.80
1506 S 2nd St, Unit 15061506 S 2nd St2BR,1.5BA$1.27
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
The Cornerstone1 Bedroom1BR,1BA$1.29
Germantown Village Apartments1 Bedrooms1BR,1BA$1.20

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Shelby Park, Louisville, KY

Ranked #8

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Kentucky and customized analysis for Central Louisville, KY. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.

Getting Around the Shelby Park Neighborhood in Louisville, KY

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Shelby Park Apartments

What is the Cheapest Studio apartment in Shelby Park?

Currently the most affordable Cheap Studio Apartment in Shelby Park is at The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Shelby Park Apartment?

The lowest price for a Cheap One Bedroom Shelby Park Apartment is $799 at Germantown Village Apartments.

What is the lowest price for a Cheap Two Bedroom Shelby Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelby Park is starting from $899 at Yugo Louisville Nine.

What is the most affordable Shelby Park Three Bedroom Apartment?

The best deal on a cheap Shelby Park Three Bedroom Apartment rental is at Vesta Derby Oaks (Patriot Derby) and starts from $1,190.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.