Cheap Apartments for Rent in Shively, KY from $500 (87 Rentals)

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

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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property at 6983 Dixie Hwy

$850 - $1,050

1 To 2 Bedroom Rentals

Available Now

6983 Dixie Hwy

LouisvilleKY40258

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 523 Park Ave

$900 - $1,275

1 To 2 Bedroom Rentals

Available Now

523 Park Ave

LouisvilleKY40203
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Dover Place
1 to 2 Bedroom Apartments

Dover Place

4819 Dover RdLouisville, KY 40216
  • Utilities Included
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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. Gateway on Broadway in the Phoenix Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. 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
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Crossings at Mill Creek2 Bedroom2BR,2BA$573
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$699
Southwood1 Bed, 1 bath1BR,1BA$699
Lofts on OrmsbyStudioStudio,1BA$700
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755

Best Value Apartments for Rent in Shively, KY

As of March 20, 2026 the best value apartment in the Shively area is the $0.13 price per square foot 3000 Fordhaven Rd Model at 3000 Fordhaven Rd, Unit #3 in the in the South Louisville neighborhood starting from $1,100. The second greatest value Shively apartment is the 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine starting at $729 with a $0.52 price per square foot in the Downtown 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.
3000 Fordhaven Rd, Unit #33000 Fordhaven Rd2BR,1BA$0.13
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
1221 S 4th St, Unit 21221 S 4th St2BR,1BA$0.98
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
By the ParkTwo bedroom2BR,1BA$0.93
4700 Walnut Grove Ave, Unit 34700 Walnut Grove Ave2BR,1BA$0.89
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
1743 Sonne Ave, Unit Apt. #11743 Sonne Ave2BR,1BA$0.97
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.87

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Explore Shively, KY Rentals by Map

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See the most popular apartments and homes in Shively, KY

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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 $542 at Gateway on Broadway.

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 $542 at Gateway on Broadway.

What is the most affordable Shively Three Bedroom Apartment?

The best deal on a cheap Shively Three Bedroom Apartment rental is at Southwood and starts from $1,049.

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.

Articles, How-To's, and Tips

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.