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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property at 2317 Ratcliffe Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

2317 Ratcliffe 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
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Wilart Arms Apartments
1 to 3 Bedroom Apartments

Wilart Arms Apartments

1797 Wilart DrLouisville, KY 40210
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Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Carpenter Apartments
1 to 3 Bedroom Apartments

Carpenter Apartments

3524 Georgetown CirLouisville, KY 40215
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Kendall Arms
1 Bedroom Apartments

Kendall Arms

1830-1833 Kendall LnLouisville, KY 40216
Senior Living
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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
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

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

River Oaks

3416 Kramers LnLouisville, KY 40216

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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 1 Bed unit found at Broadleaf Arms priced from $749. 4915-4919 Saddlebrook Ln has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Shively apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$749
4915-4919 Saddlebrook Ln2 Beds, 1 Baths2BR,1BA$750
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
Furlong Apartments2 Bedroom/1Bath2BR,1BA$825
Carpenter Apartments1 Bedroom1BR,1BA$845
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
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$895

Best Value Apartments for Rent in Shively, KY

As of July 25, 2026 the best value apartment in the Shively area is the $1.07 price per square foot C1 Model at Riverport Landing Family Apartments in the in the Riverside Gardens neighborhood starting from $1,269. The second greatest value Shively apartment is the 2 Bedroom Model at Crossings at Mill Creek starting at $1,257 with a $1.14 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.
Riverport Landing Family ApartmentsC13BR,2BA$1.07
Crossings at Mill Creek2 Bedroom2BR,2BA$1.14
By the ParkTwo bedroom2BR,1BA$0.93
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$0.94
4700 Walnut Grove Ave, Unit 14700 Walnut Grove Ave2BR,1BA$0.89
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.94
4902 Saddlebrook Ln2 Beds, 1 Baths2BR,1BA$1.12
1625 Brick Kiln Ln, Unit 3 or 41625 Brick Kiln Ln2BR,1BA$1.16

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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Shively, Louisville, KY

Ranked #130

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 Broadleaf Arms which is listed at $749, 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 4 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 $174 which is $1,026 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.

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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.

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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.

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