Cheap Apartments for Rent in the Shively Neighborhood of Louisville, KY from $500 (66 Rentals)

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

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Broadleaf Arms
Rent Specials
$764 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$764 - $1,075
Total Monthly Price
$764 - $1,075
1 to 2 Bedroom Apartments Available Now

Broadleaf Arms

4519-4523 Broadleaf DrLouisville, KY 40216
Affordability
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  • Customer Reviewed
  • Utilities Included

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property at 2317 Ratcliffe Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

2317 Ratcliffe Ave

LouisvilleKY40210

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property at 3007 Penway Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

3007 Penway Ave

LouisvilleKY40210
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Dover Place
1 to 2 Bedroom Apartments

Dover Place

4819 Dover RdLouisville, KY 40216
  • Utilities Included

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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
  • Utilities Included

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Hillview Manor
1 Bedroom Apartments

Hillview Manor

4226 Hillview AveLouisville, KY 40216
  • Utilities Included
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Hillview Manor
1 to 2 Bedroom Apartments

Hillview Manor

1900 Garrs LnLouisville, KY 40216
  • Utilities Included
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Kendall Arms
1 Bedroom Apartments

Kendall Arms

1830-1833 Kendall LnLouisville, KY 40216
Senior Living
  • Utilities Included
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Carpenter Apartments
1 to 3 Bedroom Apartments

Carpenter Apartments

3524 Georgetown CirLouisville, KY 40215
  • 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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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 Crossings at Mill Creek priced from $573. Iroquois Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Shively apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Crossings at Mill Creek2 Bedroom2BR,2BA$573
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$764
Furlong Apartments2 Bedroom/1Bath2BR,1BA$825
Patriot Derby (FKA Vesta Derby Oaks)A11BR,1BA$850
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$875
The Rockford Arms Apartment CommunityOne-bedroom1BR,1BA$875
Carpenter Apartments1 Bedroom1BR,1BA$880

Best Value Apartments for Rent in Shively, KY

As of April 26, 2026 the best value apartment in the Shively area is the $1.07 price per square foot 3.2 Model at Whispering Woods I in the in the Riverside Gardens neighborhood starting from $1,154. The second greatest value Shively apartment is the B1 Model at Riverport Landing Family Apartments starting at $1,201 with a $1.12 price per square foot in the Riverside Gardens 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.
Whispering Woods I3.23BR,2BA$1.07
Riverport Landing Family ApartmentsB12BR,2BA$1.12
Nichols MeadowsTownhomes2BR,2BA$1.11
By the ParkTwo bedroom2BR,1BA$0.93
Riverport Landings Senior2B1B2BR,1BA$1.02
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$1.10
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.96
4700 Walnut Grove Ave4700 Walnut Grove Ave2BR,1BA$1.00

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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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Pet Friendly Lifestyle
Shively, Louisville, KY

Ranked #129

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

Pet Friendliness Lifestyle Score

3.0
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!

Frequently Asked Questions about Cheap Shively Apartments

What is the price of a cheap apartment in Shively?

The cheapest apartment in Shively is Iroquois Green which is listed at $755, while the average apartment in Shively costs $1,200.

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 11 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 $199 which is $1,001 cheaper than the average rent for all rentals in Shively.

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

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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 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.

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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.

Articles, How-To's, and Tips

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Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Written by: Christine Leonard, Esq.

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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.