Cheap Apartments for Rent in Shively, KY from $400 (44 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 4113 S 3rd St

4113 S 3rd St

LouisvilleKY40214

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Dover Place
1 to 2 Bedroom Apartments

Dover Place

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

1026 S 4th St

1026 S 4th StLouisville, KY 40203
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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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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Coventry Commons
1 to 2 Bedroom Apartments

Coventry Commons

3400-3412 Coventry Commons DrLouisville, KY 40216
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Old School Apartments
Studio to 1 Bedroom Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
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Wilart Arms Apartments
1 to 3 Bedroom Apartments

Wilart Arms Apartments

1797 Wilart DrLouisville, KY 40210
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Mayflower Apartments
Studio to 3 Bedroom Apartments

Mayflower Apartments

425 W Ormsby AveLouisville, KY 40203
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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208
Showing Results 1-44, Page 1 of 1

Shively, KY Local Guide

Cheapest Available Shively Apartments for Rent and Nearby

 

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
Lower Hunters Trace3x23BR,2BA$752
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759
Southwood1 Bed, 1 bath1BR,1BA$779
Carpenter Apartments1 Bedroom1BR,1BA$795

Best Value Apartments for Rent in Shively, KY and Nearby

As of September 14, 2025 the best value apartment in the Shively area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Shively apartment is the 2 Bedroom, 2 Bathroom Model at Hunters Run starting at $1,045 with a $0.90 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.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
Hunters Run2 Bedroom, 2 Bathroom2BR,2BA$0.90
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
By the ParkTwo bedroom2BR,1BA$0.93
Riverport Landings Senior2B1B2BR,1BA$1.02
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
1743 Sonne Ave, Unit Apt. #21743 Sonne Ave2BR,1BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95
1623 Brick Kiln Ln, Unit 61623 Brick Kiln Ln2BR,1BA$1.00
708 M St, Unit 3708 M StStudio ,1BA$0.83

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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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Getting Around Shively, KY

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

7 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Lower Hunters Trace and starts from $752.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.