Monthly rent

$1,485

Beds

Baths

Sqft

–

Monthly rent	$1,485
Beds	4
Baths	1
Sqft	–

21 Hours Ago

Location

500 E Ormsby Ave, Louisville, KY 40203, USA|Shelby Park

Tour 500 E Ormsby Ave

Contact

Strategic Property Management LLC

(502) 203-1052

About 500 E Ormsby Ave

500 E Ormsby Ave cost $1,485 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 29% cheaper per month.

Neighborhood

Shelby Park

Zip code

40203

Type

Apartment for rent

Rent trends in Shelby Park

Median rents as of May 9 2026.

Shelby Park

Louisville

A table of 1-bedroom apartment rental data trends in Louisville
Month	Median Rent
May 2024	$1,075
June 2024	$1,101
July 2024	$1,136
August 2024	$1,125
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

A table of 1-bedroom apartment rental data trends in Shelby Park
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	$938

Affordability calculator

Can I afford to live at 500 E Ormsby Ave?

Bedrooms

4+ bedrooms

Rent-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

$59,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,400 annually to afford this 4-bedrooms monthly rent price of $1,485.

For more information on rent affordability, visit our rent calculator.

Schools 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

6/10

At least one supermarket within a 15-minute walk

Shopping

5/10

Several shops within walking distance

Cafes

4/10

Some cafés within a few minutes’ walk

Restaurants

6/10

Variety of restaurants within a few minutes' walk

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

5/10

Some bars within a few minutes’ walk

500 E Ormsby Ave500 E Ormsby Ave, Louisville, KY 40203, USA

Location

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Amenities for 500 E Ormsby Ave, Shelby Park

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About 500 E Ormsby Ave

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Rent trends in Shelby Park

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Schools near 500 E Ormsby Ave

Engelhard Elementary School

Dawson Orman Education Center

Pathfinder School of Innovation

Churchill Park School

Home of the Innocents Discovery

Internet available near 500 E Ormsby Ave

Getting around Louisville near 500 E Ormsby Ave

Walking

Driving

Cycling

Transit

Points of interest for 500 E Ormsby Ave, Louisville

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

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Property types near Shelby Park

Property types near Shelby Park

Shelby Park by amenities

Shelby Park by amenities

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Homes in Shelby Park

500 E Ormsby Ave
500 E Ormsby Ave, Louisville, KY 40203, USA