
Cheap Homes for Rent in Shively, KY from $600 (34 Rentals)
Search the lowest-cost Homes available for rent right now in Shively.


1300 Oakwood Ave

720 Hardy Ave

1438 S 7th St

123 E Burnett Ave

4806 Saddlebrook Ln

4148 Hillview Ave

2913 Dumesnil St
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.

1410 Standard Village Cir

5113 Valiant Drive, Unit 4, Unit 4

4913 Saddlebrook Ln

1529 Anderson St

1901 Neville Dr, Unit 2

4501 S 6th St, Unit 48

3417 Hale Ave

1145 Louis Coleman Jr Drive
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.

3416 Kramers Ln

2317 Ratcliffe Ave

3215 Greenwood Ave

1634 S Preston St

4908 Saddlebrook Ln

4912 Saddlebrook Ln

414 M St

2614 Virginia Ave
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.

2634 Garland Ave

2634 Garland Ave

1792 W Gaulbert Ave

917 Roadway Ave

1330 Olive St

624 Dresden Ave

1722 Gallagher St

3442 Heatherfield Dr
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.

2111 7th Street Rd

819 W Florence Ave
Shively, 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 | $1,149 | $750 | $1,680 |
| Shively 3 Bedroom Homes for Rent | $1,400 | $815 | $2,300 |
| Shively 4 Bedroom Homes for Rent | $1,827 | $1,200 | $3,500 |
| Shively 5 Bedroom Homes for Rent | $1,845 | $1,485 | $2,500 |
| Shively 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Top Homes for Rent in Shively
Explore Shively
Shively, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| Crossings at Mill Creek | 2 Bedroom | 2BR,2BA | $573 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| Southwood | 1 Bed, 1 bath | 1BR,1BA | $749 |
| 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 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
| Miller Manor Apartments | 1 Bed | 1BR,1BA | $850 |
Best Value Apartments for Rent in Shively, KY and Nearby
As of April 11, 2026 the best value apartment in the Shively area is the $0.52 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $729. The second greatest value Shively apartment is the One Bedroom Model at Gateway on Broadway starting at $542 with a $0.50 price per square foot in the Phoenix Hill 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. |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| Pennacook Pointe | 2 Bedroom | 2BR,1BA | $1.00 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Bradford Pointe Apartments | 2BR/1.0BA | 2BR,1BA | $1.10 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.96 |
| The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $1.09 |
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.
Read ArticleDon'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 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.
Read ArticleCash 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.
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shively, KY Rentals by Map
See the most popular apartments and homes in Shively, KY
Frequently Asked Questions about Shively
What type of rentals are currently available in Shively?
There are currently 756 Apartments for Rent in Shively, KY with pricing that ranges from $200 to $4,107. There are also 158 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shively ranging from $645 to $3,500.
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 $3,500 with an average monthly rent of $1,339.
How much are larger Three and Four Bedroom Rentals in Shively?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shively range from $697 to $1,920, while Three Bedroom Homes, Condos, and Townhomes for rent range from $815 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $629.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.