
Cheap Apartments for Rent in the Shively Neighborhood of Louisville, KY from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shively area of Louisville.


Iroquois Green

Wilart Arms Apartments

4904 Saddlebrook Ln

Lofts on Ormsby

West Louisville - 1836 Algonquin Pkwy
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Jacob School Apartments 62+ Senior Living

The San Jose Court Apartment Community
Shively, Louisville, KY Local Guide

How much does it cost to rent an apartment in Shively?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shively Studio Apartments | $812 | $775 | $850 |
Shively 1 Bedroom Apartments | $965 | $675 | $1,200 |
Shively 2 Bedroom Apartments | $1,034 | $765 | $1,400 |
Shively 3 Bedroom Apartments | $1,265 | $1,068 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Shively Neighborhood of Louisville, KY.
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Shively, Louisville, KY Local Guide
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Cheapest Available Shively Apartments for Rent
 The cheapest available apartment rental in the Shively area of Louisville, KY is a Studio unit found at Lofts on Ormsby priced from $775. Broadleaf Arms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Shively apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lofts on Ormsby | Studio | Studio,1BA | $775 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $825 |
Heritage Green Apartments | The Single | 1BR,1BA | $829 |
Walnut Grove | 1 Bedroom, 1 Bathroom | 1BR,1BA | $830 |
Manslick Meadows | Studios | Studio,1BA | $850 |
Best Value Apartments for Rent in Shively, KY
As of March 22, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Crossings at Mill Creek | 3 Bedroom | 3BR,2BA | $1.18 |
By the Park | Two bedroom | 2BR,1BA | $1.00 |
Richardson 52 Apartments | 2 BED / 2 BATH | 2BR,1BA | $1.39 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $1.03 |
1833 Building | 1BR/1.0BA | 1BR,1BA | $1.29 |
3810 Oboe | 2BR/1.0BA | 2BR,1BA | $1.50 |
Walnut Grove | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.37 |
The Edwin | 1 Bedroom 1 Bath | 1BR,1BA | $1.63 |
Vesta Derby Oaks (Patriot Derby) | A1 UPG | 1BR,1BA | $1.72 |
Manslick Meadows | Studios | Studio ,1BA | $1.70 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleShively, Louisville, KY
Ranked #122
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 Broadleaf Arms which is listed at $825, while the average apartment in Shively costs $1,190.
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 125 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 $346 which is $844 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.

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.

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.

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.