Rent to own Homes in Shively, KY
Situated approximately 15 minutes outside of downtown Louisville, Shively is a third-class city within Jefferson County. With a population of 15,264 people at the 2010 Census, this pretty suburb, which is playfully nicknamed Lively Shively, is revitalizing itself with economic development and incoming industries. Visitors can stop by the Kentucky Derby Museum for a glimpse at the state's impressive thoroughbred legacy or plan for thrills at the nearby Kentucky Kingdom amusement park.
Shively, KY is a great place for affordable rent-to-own homes! With a median household income of over $41,455 and a median rent of $756, the Shively, KY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Shively, KY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Shively, KY Property Resources
Rent to own Homes in Cities Near Shively, KY
- Anchorage
- Audubon Park
- Barbourmeade
- Bellemeade
- Blue Ridge Manor
- Brownsboro Village
- Buckner
- Coldstream
- Creekside
- Crestwood
- Crossgate
- Douglass Hills
- Fincastle
- Forest Hills
- Glenview
- Glenview Manor
- Graymoor-Devondale
- Hebron Estates
- Heritage Creek
- Hickory Hill
- Hills and Dales
- Hillview
- Hollyvilla
- Houston Acres
- Hurstbourne Acres
- Indian Hills
- Jeffersontown
- Jeffersonville
- Langdon Place
- Louisville
- Lyndon
- Lynnview
- Marysville
- Meadowbrook Farm
- Mockingbird Valley
- Moorland
- Mount Washington
- New Salisbury
- Norbourne Estates
- Old Brownsboro Place
- Orchard Grass Hills
- Parkway Village
- Pekin
- Pewee Valley
- Prospect
- Rolling Fields
- Rolling Hills
- Shepherdsville
- St. Regis Park
- Woodlawn Park
Neighborhoods in Shively, KY
Shively rent to own homesPopular Zip Codes in Shively, KY
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Shively, KY is seeing rapid growth and Shively, KY's' housing market remains optimal with an average home price that is -50% below the 2024 national average. Shively, KY is part of Jefferson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Jefferson is 0.9% which is below the national average, which is 0.99%.
Median Home Price in Shively, KY
Median Rent in Shively, KY
Top Five Reasons to Live in Shively, KY
Annual festivities! The Shively Festival, complete with a community breakfast, games and live music, is held each June, while the annual Shively Healthy Hometown Festival shines a light on healthy eating choices and activities through games and local vendors. The Music In The Park event brings a variety of tunes and gives locals the perfect setting for outdoor recreational pursuits.
Excellent affordability! The median home value in Shively is more than 40 percent lower than the nation's average and rental rates are roughly 32 percent less than the average nationwide. With a low cost of living, approximately 14 percent less than the United States' average, the city affords its residents small-town prices with the convenience of big-city amenities. Locals can use the monetary savings for a river cruise on the Belle of Louisville or admission tickets to the Kentucky Science Center.
Restaurants of all styles! For traditional Texas barbecue, check out Texas Roadhouse, where you can get your steak any way you want it and throw your peanut shells on the ground. If your looking for a laid back, traditional brunch, try O'Charley's for a family-friendly atmosphere. If American fare isn't what you're feeling, check out Chinese Express for some hot, made-fresh Chinese food.
Small town charm! If you're looking for rent to own homes in the Shively community, you're in luck. With an assortment of modern homes and apartments in the City Center and Dixie Highway neighborhoods, there's no shortage of housing options with easy access to downtown Louisville. The city's overall population and job growth are steadily increasing, making Shively an area of prosperous potential.
The Community Center! The Shively Community Center is located on Park Road and is open for rentals! The space is available for weddings, receptions, parties, meetings, etc. To find out more about the cost to rent the Community Center, check out City of Shively Website. If you're more interested in the great outdoors, visit Shively Park to get your fix.