
Cheap Apartments for Rent in the Shelby Park Neighborhood of Louisville, KY from $500 (102 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shelby Park area of Louisville.


Gateway on Broadway

1239 S Brook St, Unit 1

Painters Row

1429 Nightingale Rd

Lofts on Ormsby

307 Woodbine St, Unit 3

535 E Kentucky St, Unit 2F

Germantown Village Apartments

1100 Lydia St

2801 Preston Hwy, Unit 4

947 S Brook St

Poplar Terrace

Cathedral Commons

York Towers Apartments

J.O. Blanton House - Senior Living

The St. Francis Apartments

Vesta Derby Oaks (Patriot Derby)

1501 E Breckinridge St

949 S Shelby St

952 S Floyd St

1206 Garvin Pl

1031 E Washington St

Vue at 3rd Street

The Cornerstone

730 M St

1902 W Jefferson St

Cardinal Village Apartments

Elevate at NULU Apartment Homes

1917 Frankfort Ave

800 Towers Apartments

1033 Bardstown Rd

3205 Utah Ave

Lofts of Broadway

Beecher Terrace Apartments

Flats on Fifth

114 W Oak St

226 W Burnett Ave, Unit 226B

3016 Montana Ave

1518 W Muhammad Ali Blvd

1109 E Kentucky St

Park Court Apartments

Grocers Ice Lofts

Crescent Centre

310 at Nulu Apartments

Grinstead

The Avenue in the Highlands

3006 S 3rd St
Shelby Park, Louisville, KY Local Guide

How much does it cost to rent an apartment in Shelby Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelby Park Studio Apartments | $1,173 | $200 | $4,280 |
Shelby Park 1 Bedroom Apartments | $1,304 | $200 | $3,132 |
Shelby Park 2 Bedroom Apartments | $1,543 | $542 | $4,490 |
Shelby Park 3 Bedroom Apartments | $1,532 | $599 | $6,880 |
Shelby Park 4 Bedroom Apartments | $535 | $535 | $535 |
Browse Apartments in this Neighborhood
There are currently 102 rentals with your search options within a 2 mile radius of the Shelby Park Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Shelby Park, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Shelby Park apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Puritan Senior Living - 62 & Over | Studio, 1 bath | Studio,1BA | $200 |
Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
Lofts on Ormsby | Studio | Studio,1BA | $775 |
Urban Flats | A Layout | 1BR,1BA | $780 |
The Quad | Studio – 1 Bathroom | Studio,1BA | $795 |
Vue at 3rd Street | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Shelby Park, KY
As of March 24, 2025 the best value apartment in the Shelby Park area is the $1.13 price per square foot 1646 Lucia Ave Model at 1646 Lucia Ave, Unit 1 in the in the Phoenix Hill neighborhood starting from $1,350. The second greatest value Shelby Park apartment is the 1418 S Floyd St Model at 1418 S Floyd St, Unit 3 starting at $1,200 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1646 Lucia Ave, Unit 1 | 1646 Lucia Ave | 2BR,1BA | $1.13 |
1418 S Floyd St, Unit 3 | 1418 S Floyd St | 2BR,1BA | $1.00 |
204 W Hill St, Unit 204 | 204 W Hill St | 3BR,2BA | $1.27 |
Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
535 E Kentucky St, Unit 2F | 535 E Kentucky St | 2BR,1BA | $0.80 |
Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
Glassworks Lofts | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.21 |
307 Woodbine St, Unit 3 | 307 Woodbine St | 1BR,1BA | $1.11 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $1.20 |
1239 S Brook St, Unit 1 | 1239 S Brook St | 1BR,1BA | $0.94 |
Quick 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.
Pet Friendly LifestyleShelby Park, Louisville, KY
Ranked #7
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 a cheap apartment in Shelby Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shelby Park is under $799.
What is the price of a cheap apartment in Shelby Park?
The cheapest apartment in Shelby Park is Gateway on Broadway which is listed at $542, while the average apartment in Shelby Park costs $1,301.
What types of apartments are the cheapest in Shelby Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,844 regular apartments in Shelby Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Shelby Park?
Cheap apartments in Shelby Park have an average cost of $294 which is $1,007 cheaper than the average rent for all rentals in Shelby Park.
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 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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.