Cheap 1 Bedroom Apartments for Rent in the Shelby Park Neighborhood of Louisville, KY from $200 (67 Rentals)

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property at 1215 S 1st St

1215 S 1st St

LouisvilleKY40203

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 730 M St

730 M St

LouisvilleKY40208

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1026 S 4th St
1 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included
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The Friary
1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
  • Utilities Included
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Cherokee Triangle
1 Bedroom Apartments

Cherokee Triangle

2454 Grinstead DrLouisville, KY 40204
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Midland
1 Bedroom Apartments

Midland

2020 Midland AveLouisville, KY 40204
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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208
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Highland Flats
1 Bedroom Apartments

Highland Flats

1204 Bardstown RdLouisville, KY 40204
  • Utilities Included

Shelby Park - One of the Best Affordable Neighborhoods in Louisville

Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

Shelby Park, Louisville, KY Local Guide

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.

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Getting Around the Shelby Park Neighborhood in Louisville, KY

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Shelby Park Apartments

What is a cheap apartment in Shelby Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shelby Park is under $850.

What is the price of a cheap apartment in Shelby Park?

The cheapest apartment in Shelby Park is Gateway on Broadway which is listed at $542, while the average apartment in Shelby Park costs $4,550.

What types of apartments are the cheapest in Shelby Park?

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 84 regular apartments in Shelby Park 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 Shelby Park?

Cheap apartments in Shelby Park have an average cost of $188 which is $4,362 cheaper than the average rent for all rentals in Shelby Park.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.