
Cheap Homes for Rent in Shively Neighborhood of Louisville, KY from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Shively area of Louisville.


4806 Saddlebrook Ln

2137 St Johns Pl

2706 Algonquin Pkwy

2317 Ratcliffe Ave

3513 Georgetown Pl
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1623 Brick Kiln Ln, Unit 1

1625 Brick Kiln Ln, Unit 2

3019 Penway Ave

3005 Linwood Ave

2128 S 40th St

3449 Powell Ave
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.
Shively, Louisville, KY Local Guide

How much does it cost to rent a home in Shively?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shively 2 Bedroom Homes for Rent | $1,088 | $745 | $1,350 |
| Shively 3 Bedroom Homes for Rent | $1,496 | $1,147 | $2,300 |
| Shively 4 Bedroom Homes for Rent | $1,823 | $1,500 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Shively Neighborhood of Louisville, KY.
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Shively, Louisville, KY Local Guide
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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 4804-4806 Saddlebrook Ln priced from $699. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4804-4806 Saddlebrook Ln | 1 Beds, 1 Baths | 1BR,1BA | $699 |
| 4915-4919 Saddlebrook Ln | 2 Beds, 1 Baths | 2BR,1BA | $750 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $764 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $825 |
Best Value Apartments for Rent in Shively, KY
As of June 08, 2026 the best value apartment in the Shively area is the $1.00 price per square foot B1 Model at Riverport Landing Family Apartments in the in the Riverside Gardens neighborhood starting from $1,068. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverport Landing Family Apartments | B1 | 2BR,2BA | $1.00 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| Riverport Landings Senior | 2B1B | 2BR,1BA | $1.02 |
| 4700 Walnut Grove Ave, Unit 1 | 4700 Walnut Grove Ave | 2BR,1BA | $0.89 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| Bradford Pointe Apartments | 2BR/1.0BA | 2BR,1BA | $1.07 |
| Nichols Meadows | Flats | 2BR,1BA | $1.13 |
| The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $1.09 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.96 |
| 4902 Saddlebrook Ln | 2 Beds, 1 Baths | 2BR,1BA | $1.12 |
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.
Read ArticleThe 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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleShively, Louisville, KY
Ranked #122
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Shively
What type of rentals are currently available in Shively?
There are currently 213 Apartments for Rent in Shively, KY with pricing that ranges from $755 to $1,970. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shively ranging from $645 to $3,000.
What is the current price range for Rental Homes in Shively?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shively ranges from $645 to $3,000 with an average monthly rent of $1,304.
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

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.

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.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.