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Rental Market Trends in Shively, KY

What is the average rent in Shively, KY?

$904/month

Average Rent

650 Sq Ft

Average Apartment Size

+6.1%

Increase in the Last Year

As of February 2026, the average rent in Shively, KY is $904 per month. This is 44% lower than the national average rent of $1,626/month, making renting in Shively more affordable than most cities in the US. When you rent an apartment in Shively, you can expect to pay about per month for a studio, $904 for a one-bedroom apartment, and around $979 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$904/month
650 Sq Ft
Two Bedroom
$979/month
850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,086/month
874 Sq Ft
Three Bedroom
$1,448/month
1,143 Sq Ft
Four Bedroom
$1,586/month
1,371 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Shively, KY?

In the past year, rent has increased by 6.1%, which averages out to $56 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Shively, KY
Last Updated February 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Shively, KY
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Shively, KY?

Because the average rent in Shively is $904, you’ll want to make about $3,013 per month or $36,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Shively, KY

288 Available Apartments for Rent

Search for Nearby Apartments

How does Shively, KY compare to other nearby cities and neighborhoods?

Use the tool below to compare Shively, KY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Louisville Average Rent

Apartment communities in Shively we think you'll love

The Rockford Arms Apartment Community

The Rockford Arms Apartment Community

1915 Rockford Ln,
Shively, KY 40216

$875 - $950

1-2 Beds

The San Jose Court Apartment Community

The San Jose Court Apartment Community

1822 San Jose Ave,
Louisville, KY 40216

$875 - $950

1-2 Beds

Carpenter Apartments

Carpenter Apartments

3524 Georgetown Cir,
Louisville, KY 40215

$880 - $1,000

1-2 Beds

Nichols Meadows

Nichols Meadows

3700 Georgetown Place,
Louisville, KY 40215

$1,100

2 Beds

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United States Kentucky Shively Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity