Cheap Apartments for Rent in Shively, KY from $500 (77 Rentals)

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

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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property at 1144 S 3rd St

1144 S 3rd St

LouisvilleKY40203

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

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property at 1215 S 1st St

1215 S 1st St

LouisvilleKY40203
property at 730 M St

730 M St

LouisvilleKY40208

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property at 6983 Dixie Hwy

6983 Dixie Hwy

LouisvilleKY40258
property at 4113 S 3rd St

4113 S 3rd St

LouisvilleKY40214

Navigating the Rental Market: Tips for First-Time Renters

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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
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Dover Place
2 Bedroom Apartments

Dover Place

4819 Dover RdLouisville, KY 40216
  • Utilities Included

Louisville's Best Affordable Neighborhoods

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

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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208
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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
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Iroquois Green1 Bedroom - With Balcony1BR,1BA$735
Lower Hunters Trace3x23BR,2BA$752
Southwood1 Bed, 1 bath1BR,1BA$799
Manslick Studios0BR/1.0BAStudio,1BA$800
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$814

Best Value Apartments for Rent in Shively, KY

As of June 24, 2025 the best value apartment in the Shively area is the $1.05 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 7 in the in the Phoenix Hill neighborhood starting from $4,200. The second greatest value Shively apartment is the 2 Beds, 2 baths Model at The Landing starting at $1,129 with a $1.03 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.
1445 S 3rd St, Unit 71445 S 3rd St6BR,3BA$1.05
The Landing2 Beds, 2 baths2BR,2BA$1.03
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
By the ParkTwo bedroom2BR,1BA$0.93
Riverport Landings Senior2B1B2BR,1BA$1.02
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Derby Row | Student HousingThoroughbred2BR,2BA$0.98
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.02
1623 Brick Kiln Ln, Unit 31623 Brick Kiln Ln2BR,1BA$1.00
1625 Brick Kiln Ln, Unit 21625 Brick Kiln Ln2BR,1BA$1.03

Quick Rent Budget Calculator

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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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.