
Cheap Homes for Rent in Shelby Park Neighborhood of Louisville, KY from $600 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Shelby Park area of Louisville.


1525 W Ormsby Ave

1529 Anderson St

1009 Everett Ave

1021 St Paul Ct

1010 S Clay St

1020 S Clay St
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.

632 E Kentucky St

607 St Catherine St

837 E Burnett Ave, Unit Front

975 S Shelby St

1417 S 3rd St

2813 S 5th St
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.

1612 W Market St

2424 Glenmary Ave

1347 S Floyd St

1464 S 9th St

1464 S 9th St
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.

114 St Catherine St

210 N 18th St

706 Roselane St

114 N 18th St

415 E Ormsby Ave
Shelby Park, Louisville, KY Local Guide

How much does it cost to rent a home in Shelby Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelby Park 2 Bedroom Homes for Rent | $1,627 | $750 | $8,750 |
Shelby Park 3 Bedroom Homes for Rent | $1,731 | $1,065 | $3,200 |
Shelby Park 4 Bedroom Homes for Rent | $2,240 | $1,425 | $3,600 |
Shelby Park 5 Bedroom Homes for Rent | $1,916 | $1,300 | $2,600 |
Shelby Park 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Shelby Park Neighborhood of Louisville, KY.
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Shelby Park, Louisville, KY Local Guide
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Cheapest Available Shelby Park Apartments for Rent
 The cheapest available apartment rental in the Shelby Park area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Shelby Park apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
The Quad | Studio – 1 Bathroom | Studio,1BA | $795 |
Vue at 3rd Street | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Shelby Park, KY
As of June 26, 2025 the best value apartment in the Shelby Park area is the $1.05 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 7 in the in the Phoenix Hill neighborhood starting from $4,200. The second greatest value Shelby Park apartment is the 3 Beds, 1.5 Baths Model at 1524 S 4th St starting at $1,250 with a $1.14 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Shelby Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1445 S 3rd St, Unit 7 | 1445 S 3rd St | 6BR,3BA | $1.05 |
1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
500 W Saint Catherine St, Unit 1 | 500 W Saint Catherine St | 2BR,1BA | $1.10 |
1308 S 6th St, Unit 2 | 1308 S 6th St | 1BR,1BA | $1.10 |
Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $0.98 |
2923 S 3rd St, Unit 6 | 2923 S 3rd St | 2BR,1BA | $1.15 |
The Cornerstone | 1 Bedroom | 1BR,1BA | $1.14 |
200 N 18th St, Unit 1 | 200 N 18th St | 1BR,1BA | $1.10 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Shelby Park
What type of rentals are currently available in Shelby Park?
There are currently 814 Apartments for Rent in Shelby Park, KY with pricing that ranges from $200 to $7,960. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby Park ranging from $695 to $8,750.
What is the current price range for Rental Homes in Shelby Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby Park ranges from $695 to $8,750 with an average monthly rent of $1,927.
How much are larger Three and Four Bedroom Rentals in Shelby Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelby Park range from $675 to $5,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,065 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $535.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.