
Cheap Homes for Rent in Shelby Park Neighborhood of Louisville, KY from $600 (33 Rentals)
Search the lowest-cost Homes available for rent right now in the Shelby Park area of Louisville.


1127 Lincoln Ave

1438 S 7th St

123 E Burnett Ave

1529 Anderson St

644 Atwood St

1634 S Preston St

414 M St
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.

917 Roadway Ave

2111 7th Street Rd

112 N 18th St

1106 Cherokee Rd

409 W Gaulbert Ave

409 W Gaulbert Ave

1065 E Kentucky St

3107 Montana Ave
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.

536 Wainwright Ave

2424 Glenmary Ave

1618 Ellwood Ave

1924 Muncie Ave

1924 Muncie Ave

1550 Gallagher St

1934 Frankfort Ave

1625 W Kentucky 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.

565 Eastern Pkwy, Unit 6

1269 S Jackson St

2218 S Shelby St

120 N 20th St

924 Burton Ave

129 Hill Bend Pl

1318 S Brook St

1236 Cherokee Rd
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.

1320 S 17th St
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 | $1,568 | $750 | $5,000 |
| Shelby Park 3 Bedroom Homes for Rent | $1,657 | $1,000 | $3,300 |
| Shelby Park 4 Bedroom Homes for Rent | $1,967 | $1,395 | $2,680 |
| Shelby Park 5 Bedroom Homes for Rent | $2,366 | $1,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Shelby Park Neighborhood of Louisville, KY.
Explore Louisville
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 |
| Vue at 3rd Street | Studio | Studio,1BA | $699 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| 800 Towers Apartments | Studio | Studio,1BA | $715 |
| Germantown Village | 1 Bedroom | 1BR,1BA | $799 |
| 947 S Brook St | 1/1 | 1BR,1BA | $825 |
| The Quad | 0BR/1.0BA | Studio,1BA | $825 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
Best Value Apartments for Rent in Shelby Park, KY
As of April 04, 2026 the best value apartment in the Shelby Park area is the $0.52 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $729. The second greatest value Shelby Park apartment is the 1221 S 4th St Model at 1221 S 4th St, Unit 2 starting at $1,175 with a $0.98 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. |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| 1221 S 4th St, Unit 2 | 1221 S 4th St | 2BR,1BA | $0.98 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| 535 E Kentucky St, Unit 2F | 535 E Kentucky St | 2BR,1BA | $0.85 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| 1436 S 3rd St, Unit #4 | 1436 S 3rd St | 1BR,1BA | $1.13 |
| Germantown Village | 1 Bedroom | 1BR,1BA | $1.20 |
| 1704 Rowan St, Unit 3 | 1704 Rowan St | 1BR,1BA | $1.08 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.18 |
Frequently Asked Questions about Shelby Park
What type of rentals are currently available in Shelby Park?
There are currently 826 Apartments for Rent in Shelby Park, KY with pricing that ranges from $200 to $10,371. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby Park ranging from $695 to $5,000.
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 $5,000 with an average monthly rent of $1,612.
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 $697 to $6,863, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $629.
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.