Cheap Apartments for Rent in the Shively Neighborhood of Louisville, KY from $500 (35 Rentals)

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

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.

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Dover Place
1 to 2 Bedroom Apartments

Dover Place

4819 Dover RdLouisville, KY 40216
  • Utilities Included

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Coventry Commons
1 to 2 Bedroom Apartments

Coventry Commons

3400-3412 Coventry Commons DrLouisville, KY 40216
  • Utilities Included
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Wilart Arms Apartments
1 to 3 Bedroom Apartments

Wilart Arms Apartments

1797 Wilart DrLouisville, KY 40210
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Hillview Manor
1 to 2 Bedroom Apartments

Hillview Manor

1900 Garrs LnLouisville, KY 40216
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Hillview Manor
1 Bedroom Apartments

Hillview Manor

4226 Hillview AveLouisville, KY 40216
  • Utilities Included
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
  • Utilities Included
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River Oaks
2 to 3 Bedroom Apartments

River Oaks

3416 Kramers LnLouisville, KY 40216

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.

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Richardson 52 Apartments
1 to 2 Bedroom Apartments

Richardson 52 Apartments

3508 Fern Lea RdLouisville, KY 40216
Senior Living
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Shively, Louisville, KY Local Guide

Cheapest Available Shively Apartments for Rent

 

The cheapest available apartment rental in the Shively area of Louisville, KY is a 2 Beds unit found at The Crossings at Mill Creek priced from $569. Broadleaf Arms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here are the most affordable Shively apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Crossings at Mill Creek2 Bedroom2BR,2BA$569
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759
Kendall Arms1BR/1.0BA1BR,1BA$850
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$875
Carpenter Apartments1 Bedroom1BR,1BA$880
The Rockford Arms Apartment CommunityOne-bedroom1BR,1BA$900
By the ParkTwo bedroom2BR,1BA$930

Best Value Apartments for Rent in Shively, KY

As of December 04, 2025 the best value apartment in the Shively area is the $0.97 price per square foot Townhomes Model at Nichols Meadows in the in the Jacobs neighborhood starting from $1,000. The second greatest value Shively apartment is the Two bedroom Model at By the Park starting at $930 with a $0.93 price per square foot in the Jacobs 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.
Nichols MeadowsTownhomes2BR,2BA$0.97
By the ParkTwo bedroom2BR,1BA$0.93
Riverport Landings Senior2B1B2BR,1BA$1.02
Riverport Landing Family ApartmentsA1-601BR,1BA$1.18
Walnut Grove2 Bedroom, 1.5 Bathroom2BR,1.5BA$1.19
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09
1743 Sonne Ave, Unit Apt. #21743 Sonne Ave2BR,1BA$0.97
1623 Brick Kiln Ln, Unit Unit 61623 Brick Kiln Ln2BR,1BA$1.00
Kendall Arms1BR/1.0BA1BR,1BA$1.21

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Shively, Louisville, KY

Ranked #116

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Louisville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Shively Neighborhood in Louisville, KY

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

7 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Shively Apartments

What is the price of a cheap apartment in Shively?

The cheapest apartment in Shively is Broadleaf Arms which is listed at $759, while the average apartment in Shively costs $1,299.

What types of apartments are the cheapest in Shively?

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 20 regular apartments in Shively 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 Shively?

Cheap apartments in Shively have an average cost of $328 which is $971 cheaper than the average rent for all rentals in Shively.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!