Cheap Apartments for Rent in Shively, KY from $500 (197 Rentals)

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

property at 1309 Dixie Hwy

$500 - $600

1 Bedroom Rentals

Available Now

1309 Dixie Hwy

LouisvilleKY40210

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4331 S 3rd St
$775 - $800
Total Monthly Price

Total Monthly Price

Base Rent
$775 - $800
Total Monthly Price
$775 - $800
1 Bedroom Apartment Available Now

4331 S 3rd St

4331 S 3rd StLouisville, KY 40214
Affordability

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

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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property at 725 S 16th St

$800

2 Bedroom Rentals

Available Now

725 S 16th St

LouisvilleKY40210

Louisville's Best Affordable Neighborhoods

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

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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Shively, KY Local Guide

Cheapest Available Shively Apartments for Rent

 

The cheapest available apartment rental in Shively, KY is a Studio unit found at The Puritan Senior Living - 62 & Over in the Phoenix Hill neighborhood priced from $200. 5310-5312 Milner Rd in the South Louisville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Shively apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
5310-5312 Milner Rd0 Beds, 1 BathsStudio,1BA$550
5302 Milner Rd0 Beds, 1 BathsStudio,1BA$550
Lower Hunters Trace3 Bedroom3BR,2BA$673
Southwood1 Bed, 1 bath1BR,1BA$749
4915-4919 Saddlebrook Ln2 Beds, 1 Baths2BR,1BA$750
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755

Best Value Apartments for Rent in Shively, KY

As of August 04, 2026 the best value apartment in the Shively area is the $1.02 price per square foot 4002 Southern Pky Model at 4002 Southern Pky, Unit 1 in the in the Downtown Louisville neighborhood starting from $1,525. The second greatest value Shively apartment is the 2BR2BA Model at The Foundry starting at $1,021 with a $1.00 price per square foot in the South Louisville 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.
4002 Southern Pky, Unit 14002 Southern Pky3BR,1.5BA$1.02
The Foundry2BR2BA2BR,2BA$1.00
3104-3112 Springfield Dr2 Bedroom2BR,1BA$0.88
By the ParkTwo bedroom2BR,1BA$0.93
Bradford Pointe Apartments2BR/1.0BA2BR,1BA$0.94
Hunters Run1 Bedroom, 1 Bathroom1BR,1BA$1.02
4700 Walnut Grove Ave, Unit 14700 Walnut Grove Ave2BR,1BA$0.86
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
2208 Crittenden Dr, Unit Unit 32208 Crittenden Dr1BR,1BA$1.04
4710 Walnut Grove Ave, Unit 14710 Walnut Grove Ave1BR,1BA$1.00

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Shively Apartments

What is the Cheapest Studio apartment in Shively?

Currently the most affordable Cheap Studio Apartment in Shively is at The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Shively Apartment?

The lowest price for a Cheap One Bedroom Shively Apartment is $749 at Southwood.

What is the lowest price for a Cheap Two Bedroom Shively Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shively is starting from $750 at 4915-4919 Saddlebrook Ln.

What is the most affordable Shively Three Bedroom Apartment?

The best deal on a cheap Shively Three Bedroom Apartment rental is at Lower Hunters Trace and starts from $673.

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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Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

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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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.

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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

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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