Cheap Apartments for Rent in the Shively Neighborhood of Louisville, KY from $500 (33 Rentals)

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

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Dover Place
2 Bedroom Apartments

Dover Place

4819 Dover RdLouisville, KY 40216
  • Utilities Included

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Coventry Commons
1 to 2 Bedroom Apartments

Coventry Commons

3400-3412 Coventry Commons DrLouisville, KY 40216
  • Utilities Included
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Wilart Arms Apartments
1 to 3 Bedroom Apartments

Wilart Arms Apartments

1797 Wilart DrLouisville, KY 40210
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Hillview Manor
1 Bedroom Apartments

Hillview Manor

4226 Hillview AveLouisville, 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

Louisville's Best Affordable Neighborhoods

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

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 Studio unit found at Lofts on Ormsby priced from $725. Iroquois Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Shively apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Lofts on OrmsbyStudioStudio,1BA$725
Iroquois Green1 Bedroom - With Balcony1BR,1BA$735
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759
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

Best Value Apartments for Rent in Shively, KY

As of May 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 C1-60 Model at Riverport Landing Family Apartments starting at $1,392 with a $1.17 price per square foot in the Riverside Gardens 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
Riverport Landing Family ApartmentsC1-603BR,2BA$1.17
By the ParkTwo bedroom2BR,1BA$0.93
Riverport Landings Senior2B1B2BR,1BA$1.25
Richardson 52 Apartments2 BED / 2 BATH2BR,1BA$1.25
Derby Row | Student HousingBelmont2BR,2BA$1.22
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95
1623 Brick Kiln Ln, Unit 61623 Brick Kiln Ln2BR,1BA$0.97
1625 Brick Kiln Ln, Unit 21625 Brick Kiln Ln2BR,1BA$1.03
Iroquois Green1 Bedroom - With Balcony1BR,1BA$1.23

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Pet Friendly Lifestyle
Shively, Louisville, KY

Ranked #123

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

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 $900.

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 $1,525.

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 30 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 $356 which is $1,169 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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