Cheap Apartments for Rent in the Shively Neighborhood of Louisville, KY from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shively 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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4226 Hillview Ave
1 Bedroom Apartments

4226 Hillview Ave

4226 Hillview AveLouisville, KY 40216
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Dover Place
2 Bedroom Apartments

Dover Place

4819 Dover RdLouisville, KY 40216
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Coventry Commons
1 to 2 Bedroom Apartments

Coventry Commons

3400-3412 Coventry Commons DrLouisville, KY 40216
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
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River Oaks
2 to 3 Bedroom Apartments

River Oaks

3416 Kramers LnLouisville, KY 40216
Showing Results 1-31, Page 1 of 1

Shively, Louisville, KY Local Guide

Cheapest Available Shively Apartments for Rent

 

The cheapest available apartment rental in the Shively area of Louisville, KY is a 1 Bed unit found at Iroquois Green priced from $735. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Shively apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Iroquois Green1 Bedroom - With Balcony1BR,1BA$735
Lofts on OrmsbyStudioStudio,1BA$775
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$825
Heritage Green ApartmentsThe Single1BR,1BA$829
Manslick MeadowsStudiosStudio,1BA$850
Vesta Derby Oaks (Patriot Derby)B1 UPG2BR,1BA$850
Carpenter Apartments1 Bedroom1BR,1BA$899
Richardson 52 Apartments1 BED / 1 BATH1BR,1BA$900
1833 Building1BR/1.0BA1BR,1BA$900
Renaissance St. Andrews1x11BR,1BA$950

Best Value Apartments for Rent in Shively, KY

As of April 14, 2025 the best value apartment in the Shively area is the $1.18 price per square foot 3 Bedroom Model at The Crossings at Mill Creek in the in the Jacobs neighborhood starting from $1,403. The second greatest value Shively apartment is the Two bedroom Model at By the Park starting at $1,000 with a $1.00 price per square foot in the Jacobs neighborhood. Here is today’s list of the best values for Shively apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Crossings at Mill Creek3 Bedroom3BR,2BA$1.18
By the ParkTwo bedroom2BR,1BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.03
Richardson 52 Apartments1 BED / 1 BATH1BR,1BA$1.13
Nichols MeadowsFlats2BR,1BA$1.43
3810 Oboe2BR/1.0BA2BR,1BA$1.50
1833 Building1BR/1.0BA1BR,1BA$1.29
Renaissance St. Andrews1x11BR,1BA$1.58
Iroquois Green1 Bedroom - With Balcony1BR,1BA$1.23
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$1.63

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Pet Friendly Lifestyle
Shively, Louisville, KY

Ranked #154

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 rentals and neighborhoods across the USA, including Louisville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Shively Neighborhood in Louisville, KY

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

7 / 100

Minimal Transit

It may be possible to get on a bus

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 Shively Apartments

What is a cheap apartment in Shively?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shively is under $950.

What is the price of a cheap apartment in Shively?

The cheapest apartment in Shively is Iroquois Green which is listed at $735, while the average apartment in Shively costs $1,545.

What types of apartments are the cheapest in Shively?

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 8 regular apartments in Shively 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 Shively?

Cheap apartments in Shively have an average cost of $349 which is $1,196 cheaper than the average rent for all rentals in Shively.

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.

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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.

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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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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.

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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.