Shively, KY Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Shively is $840, a 5.59% increase compared to the previous year, when the average rent was $796.
One-bedroom apartments provide 659 square feet for $787, balancing privacy and affordability.
Two-beedroom units at $903 offer 854 square feet, perfect for roommates or small families.
Average rent in Shively, KY
Last updated: February 18, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $840 | 749 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $787 | 659 sq. ft. |
| 2 Beds | $903 | 854 sq. ft. |
| 3 Beds | n/a | n/a |
Shively, KY rent trends
Rental prices in Shively, KY have increased by 5.59% over the past year. The average rent moved from $796 to $840.
What's the typical rent budget in Shively, KY?
The largest share of rentals in Shively, KY (94%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Shively, KY?
2,957 or 42% of the households in Shively, KY are renter-occupied while 4,078 or 58% are owner-occupied.
How Shively Compares to Other Cities
| City | Average Rent |
|---|---|
| Shively | $840 |
| Louisville | $1,308 |
| Lexington | $1,351 |
| Richmond | $975 |
| Florence | $1,423 |
| Covington | $1,502 |
| Shepherdsville | $1,198 |
| Erlanger | $1,421 |
| Ft Mitchell | $1,207 |
| Newport | $1,476 |
| Shelbyville | $1,145 |
| Jeffersonville, IN | $1,240 |
| New Albany, IN | $1,121 |
| Jeffersontown, KY | $1,365 |
| Lyndon, KY | $1,290 |
| St. Matthews, KY | $1,288 |
| Fairdale | $1,247 |
| Corydon, IN | $909 |
| Middletown, KY | $1,562 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Shively apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.