Cheap Apartments for Rent in Shively, KY from $500 (68 Rentals)

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

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

Louisville's Best Affordable Neighborhoods

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

close
View Me
4226 Hillview Ave
1 Bedroom Apartments

4226 Hillview Ave

4226 Hillview AveLouisville, KY 40216
  • Utilities Included
close
View Me
1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included
close
View Me
Dover Place
2 Bedroom Apartments

Dover Place

4819 Dover RdLouisville, KY 40216
  • Utilities Included
close
View Me
1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208
close
View Me
Coventry Commons
1 to 2 Bedroom Apartments

Coventry Commons

3400-3412 Coventry Commons DrLouisville, KY 40216
  • Utilities Included
close
View Me
Old School Apartments
Studio Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
  • Utilities Included
close
View Me
Mayflower Apartments
Studio Apartments

Mayflower Apartments

425 W Ormsby AveLouisville, KY 40203
  • Utilities Included
close
View Me
431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208

Shively, KY Local Guide

Cheapest Available Shively Apartments for Rent

 

The cheapest available apartment rental in Shively, KY is a Studio unit found at The Puritan Senior Living - 62 & Over in the Phoenix Hill neighborhood priced from $200. Gateway on Broadway in the Portland neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here is today’s list of the most affordable Shively apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Southwood1 Bed, 1 bath1BR,1BA$759
Lofts on OrmsbyStudioStudio,1BA$775
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$825
Walnut Grove1 Bedroom, 1 Bathroom1BR,1BA$830
Manslick MeadowsStudiosStudio,1BA$850

Best Value Apartments for Rent in Shively, KY

As of March 27, 2025 the best value apartment in the Shively area is the $1.00 price per square foot 1418 S Floyd St Model at 1418 S Floyd St, Unit 3 in the in the Phoenix Hill neighborhood starting from $1,200. The second greatest value Shively apartment is the 2 Beds, 2 baths Model at The Landing starting at $1,129 with a $1.03 price per square foot in the South Louisville 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.
1418 S Floyd St, Unit 31418 S Floyd St2BR,1BA$1.00
The Landing2 Beds, 2 baths2BR,2BA$1.03
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Cane Run StationTwo Bed One Bath February Special $100 Month2BR,1BA$1.12
By the ParkTwo bedroom2BR,1BA$1.00
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.03
Richardson 52 Apartments1 BED / 1 BATH1BR,1BA$1.13
307 Woodbine St, Unit 3307 Woodbine St1BR,1BA$1.11
1239 S Brook St, Unit 11239 S Brook St1BR,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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shively, KY Rentals by Map

View MapShively, KY Apartments MapView MapShively, KY Rental Homes Map

Getting Around Shively, KY

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

44 / 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 the Cheapest Studio apartment in Shively?

Currently the most affordable Cheap Studio Apartment in Shively is at The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Shively Apartment?

The lowest price for a Cheap One Bedroom Shively Apartment is $542 at Gateway on Broadway.

What is the lowest price for a Cheap Two Bedroom Shively Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shively is starting from $542 at Gateway on Broadway.

What is the most affordable Shively Three Bedroom Apartment?

The best deal on a cheap Shively Three Bedroom Apartment rental is at Southwood and starts from $1,059.

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.