
Cheap 3 Bedroom Apartments for Rent in the Shelby Park Neighborhood of Louisville, KY from $717 (18 Rentals)


216 W Burnett Ave, Unit 216A

1552 Gallagher St

517 St Catherine St

Total Monthly Price
Patriot Derby (FKA Vesta Derby Oaks)

The Cornerstone
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2218 S Shelby St

Hampton Place

1500 S Hancock St

1355 S 3rd St

2111 7th Street Rd

1109 Euclid Ave
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

1524-1530 S 2nd St

1625 W Kentucky St

1524 S 4th St

702 Compton St

2233 7th Street Rd

Weissinger-Gaulbert Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Shelby Park, Louisville, KY Local Guide

How much does it cost to rent an apartment in Shelby Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby Park Studio Apartments | $1,090 | $200 | $1,685 |
| Shelby Park 1 Bedroom Apartments | $1,345 | $200 | $3,444 |
| Shelby Park 2 Bedroom Apartments | $1,489 | $750 | $4,270 |
Shelby Park 3 Bedroom Apartments | $1,540 | $717 | $5,197 |
| Shelby Park 4 Bedroom Apartments | $1,383 | $689 | $6,526 |
Explore Louisville
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 $852.
What is the price of a cheap apartment in Shelby Park?
The cheapest apartment in Shelby Park is The Cornerstone which is listed at $1,200, while the average apartment in Shelby Park costs $1,305.
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 80 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 $440 which is $865 cheaper than the average rent for all rentals in Shelby Park.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.