5

Shively, KY Condos for Rent

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  • /9

    $899 Per Month

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    4710 Walnut Grove Ave Unit 1, Louisville, KY 40216

    4710 Walnut Grove Ave Unit 1, Louisville, KY 40216
  • /6

    $1,090 Per Month

    • 2 Beds
    • 1 Bath
    • Mill Creek Apartments

    1700 Herbert Ave Unit 1704 - 7, Shively, KY 40216

    1700 Herbert Ave Unit 1704 - 7, Shively, KY 40216
  • /11

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 870 Sq Ft
    • Newly Renovated Unit

    1840 Kendall Ln Unit 1840 Kendall Ln 26, Shively, KY 40216

    2 bedroom / 1 Bath - Available Now!!Spacious!! Quit Neighborhood. W/D hook-ups in each unitConveniently located off Dixie a mile south of the Watterson.Schedule your viewing today!!

    1840 Kendall Ln Unit 1840 Kendall Ln 26, Shively, KY 40216
  • /10

    $765 Per Month

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • Condo for Rent

    4904 Saddlebrook Ln Unit 4, Louisville, KY 40216

    4904 Saddlebrook Ln Unit 4, Louisville, KY 40216
  • /9

    $799 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    4700 Walnut Grove Ave Unit 1, Louisville, KY 40216

    4700 Walnut Grove Ave Unit 1, Louisville, KY 40216

Frequently Asked Questions

How much does it cost to rent a condo in Shively, KY?
The median rent for a condo in Shively, KY is $1,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Shively, KY?
To comfortably afford the median rent in Shively, KY, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Shively, KY, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Shively, KY?
In Shively, KY, the price-to-rent ratio is 17.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Shively, KY are best for renting a condo?
The best neighborhood for renting in Shively, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Pleasure Ridge Park, Wilder Park, Churchill Downs, Park Hill and Parkwood, each with its own character and price range.

Condo Rental Trends in Shively, KY

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$1,200
Median 2 Bedroom Condo Rent
$1,200
How to Rent a Home