Cheap Apartments for Rent in the Shepherd Hills Neighborhood of Madison, TN from $800 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Shepherd Hills area of Madison.

Nashville's Best Affordable Neighborhoods

Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton

Read Article
close
View Me
October Homes
1 to 3 Bedroom Apartments

October Homes

606 N Dupont AveMadison, TN 37115
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Madison Gardens
1 Bedroom Apartments

Madison Gardens

800 Anderson LnMadison, TN 37115
  • Utilities Included
close
View Me
Bldg A
1 to 2 Bedroom Apartments

Bldg A

555 N DuPont AveMadison, TN 37115
close
View Me
Cottonwood Apartments II
Studio to 1 Bedroom Apartments

Cottonwood Apartments II

602 E Old Hickory BlvdMadison, TN 37115
  • Utilities Included
close
View Me
Cottonwood Apartments
Studio to 1 Bedroom Apartments

Cottonwood Apartments

900 E Old Hickory BlvdMadison, TN 37115
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Rivergate Meadows
1 to 3 Bedroom Apartments

Rivergate Meadows

100 Rivergate Meadows DrGoodlettsville, TN 37072
close
View Me
Autumn Chase
1 to 3 Bedroom Apartments

Autumn Chase

110 Harris StGoodlettsville, TN 37072
Corporate Housing
Showing Results 1-26, Page 1 of 1

Shepherd Hills, Madison, TN Local Guide

Cheapest Available Shepherd Hills Apartments for Rent

 

The cheapest available apartment rental in the Shepherd Hills area of Nashville, TN is a 1 Bed unit found at Dupont Avenue Apartments priced from $919. Orchard Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here are the most affordable Shepherd Hills apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Dupont Avenue ApartmentsOne Bedroom1BR,1BA$919
Orchard Park1 BEDROOM1BR,1BA$998
Crossings at MadisonA1 - 1Bed, 1Bath1BR,1BA$999
Heatherwood ApartmentsA Building (W/D Included) - 760 sqft1BR,1BA$1,000
Drake's Creek CooperativeDrake's Creek Co-Op One Bedroom - The Grace1BR,1BA$1,033
Rivergate MeadowsMicah1BR,1BA$1,112
Hickory Chase1 Bedroom 1 Bathroom1BR,1BA$1,135
MAA Monthaven ParkAshford1BR,1BA$1,183
Piccadilly ApartmentsThe Windsor1BR,1BA$1,185
Hickory RunEvans2BR,2BA$1,195

Best Value Apartments for Rent in Shepherd Hills, TN

As of August 19, 2026 the best value apartment in the Shepherd Hills area is the $1.34 price per square foot The Hannah Model at The Harris in the in the Ivy Hill neighborhood starting from $2,018. The second greatest value Shepherd Hills apartment is the QUARTER HORSE Model at Preston Run Apartments starting at $1,564 with a $1.33 price per square foot in the Ivy Hill neighborhood. Here is today’s list of the best values for Shepherd Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The HarrisThe Hannah3BR,2.5BA$1.34
Preston Run ApartmentsQUARTER HORSE2BR,2BA$1.33
Meadow Creek3 Bedroom 2 Bathroom3BR,2BA$1.25
Hickory RunEvans2BR,2BA$1.09
Hickory Pointe2 Bed 2.5 Bath Townhome2BR,2.5BA$1.35
Summerfield Place2x12BR,1BA$1.25
The Bend NashvilleThe Seeley2BR,2BA$1.31
Autumn Chase2 Bedroom 1 Bathroom2BR,1BA$1.37
Heatherwood ApartmentsA Building (W/D Included) - 760 sqft1BR,1BA$1.32
Crossings at MadisonA1 - 1Bed, 1Bath1BR,1BA$1.37

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Shepherd Hills, Madison, TN

Ranked #1

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Shepherd Hills Apartments

What is the price of a cheap apartment in Shepherd Hills?

The cheapest apartment in Shepherd Hills is Dupont Avenue Apartments which is listed at $919, while the average apartment in Shepherd Hills costs $1,519.

What types of apartments are the cheapest in Shepherd Hills?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Shepherd Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Shepherd Hills?

Cheap apartments in Shepherd Hills have an average cost of $258 which is $1,261 cheaper than the average rent for all rentals in Shepherd Hills.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for Peek Behind the Curtain at the Music City: Your Local Insider's Guide to Nashville article

Peek Behind the Curtain at the Music City: Your Local Insider's Guide to Nashville

Written by: Brandie Parton

Hi there, I’m Brandie, your ApartmentHomeLiving.com local expert for the Nashville, Tennessee area.

decorative image for A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers article

A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers

Written by: Brandie Parton

Hi there, I am Brandie Parton, your local expert for Nashville, TN, with ApartmentHomeLiving.com.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Nashville article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Nashville

Written by: Brandie Parton

As part of the team here at Apartment Home Living, I am eager to tell you all about Nashville, and its amazing colleges and nearby neighborhoods that make perfect residences for students, seeking to increase their education and g.

decorative image for A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Brandie Parton

I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.