Listed 5+ Days Ago
Location
500 E Ormsby Ave, Louisville, KY 40203, USA|Shelby Park
Tour 500 E Ormsby Ave
Contact
Strategic Property Management LLC
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Property Overview
Offers exceptional value for money, ranking in the 100th percentile compared with nearby properties. Additional notable features are not specified here, but the overall profile suggests a strong combination of affordability and standout appeal.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Social life
Amenities for 500 E Ormsby Ave, Shelby Park
Appliances
| Range | Refrigerator |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 500 E Ormsby Ave
500 E Ormsby Ave cost $1,299 per month. Located at 500 E Ormsby Ave, Louisville, KY 40203, USA, this unit has 4 bedrooms and 1 bathroom. Based on the average rent price of 4 bedrooms in Louisville, renting this apartment is 35% cheaper per month.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 500 E Ormsby Ave compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Shelby Park |
|---|---|
| Zip code | 40203 |
| Type | Apartment for rent |
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Rent trends in Shelby Park
Median rents as of Aug 8 2026.
Shelby Park
Louisville
| Month | Median Rent |
|---|---|
| August 2024 | $1,124 |
| September 2024 | $1,117 |
| October 2024 | $1,118 |
| November 2024 | $1,114 |
| December 2024 | $1,097 |
| January 2025 | $1,089 |
| February 2025 | $1,088 |
| March 2025 | $1,026 |
| April 2025 | $1,028 |
| May 2025 | $1,050 |
| June 2025 | $1,058 |
| July 2025 | $1,069 |
| August 2025 | $1,075 |
| September 2025 | $1,092 |
| October 2025 | $1,057 |
| November 2025 | $1,072 |
| December 2025 | $1,075 |
| January 2026 | $1,059 |
| February 2026 | $1,050 |
| March 2026 | $1,050 |
| April 2026 | $1,050 |
| May 2026 | $1,050 |
| June 2026 | $1,050 |
| July 2026 | $1,048 |
| August 2026 | $1,050 |
| Month | Median Rent |
|---|---|
| October 2024 | $875 |
| November 2024 | $912 |
| February 2025 | $829 |
| March 2025 | $809 |
| April 2025 | $819 |
| May 2025 | $833 |
| June 2025 | $859 |
| July 2025 | $851 |
| August 2025 | $851 |
| September 2025 | $850 |
| October 2025 | $876 |
| November 2025 | $849 |
| December 2025 | $872 |
| January 2026 | $992 |
| February 2026 | $964 |
| March 2026 | $909 |
| April 2026 | $975 |
| May 2026 | $960 |
| June 2026 | $977 |
| July 2026 | $990 |
| August 2026 | $990 |
Affordability calculator
Can I afford to live at 500 E Ormsby Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$51,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,960 annually to afford this 4-bedrooms monthly rent price of $1,299.
For more information on rent affordability, visit our rent calculator.
Schools near 500 E Ormsby Ave
Engelhard Elementary School
1004 s first st
louisville, KY, 40203
K-5Public
C
Dawson Orman Education Center
900 s floyd st
louisville, KY, 40203
PKPublic
Pathfinder School of Innovation
900 s floyd st
louisville, KY, 40203
K-12Public
C-
Churchill Park School
435 boxley ave
louisville, KY, 40209
PK, K-12Public
Home of the Innocents Discovery
1100 east market st
louisville, KY, 40206
PK, K-12Public
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Internet available near 500 E Ormsby Ave
Getting around Louisville near 500 E Ormsby Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 500 E Ormsby Ave, Louisville
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
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