Cheap Homes for Rent in Shively Neighborhood of Louisville, KY from $700 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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

Read Article
Showing Results 1-17, 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

Best Value Apartments for Rent in Shively, KY

As of April 12, 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
1833 Building1BR/1.0BA1BR,1BA$1.29
3810 Oboe2BR/1.0BA2BR,1BA$1.50
Walnut Grove1 Bedroom, 1 Bathroom1BR,1BA$1.41
Renaissance St. Andrews1x11BR,1BA$1.58
Iroquois Green1 Bedroom - With Balcony1BR,1BA$1.23

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Shively

What type of rentals are currently available in Shively?

There are currently 207 Apartments for Rent in Shively, KY with pricing that ranges from $675 to $1,905. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shively ranging from $799 to $2,300.

What is the current price range for Rental Homes in Shively?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shively ranges from $799 to $2,300 with an average monthly rent of $1,280.

How much are larger Three and Four Bedroom Rentals in Shively?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shively range from $1,068 to $1,905, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,530.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.