Cheap Apartments for Rent in Nashville, TN from $500 (753 Rentals)

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Search the lowest-cost Apartments available for rent right now in Nashville.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Nashville, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Nashville, TN

Pricing Updated: 01/14/2026

Current apartment rentals in the Nashville, TN area range in price from $667 to $17,028 with an overall median price of $3,779. The three Nashville neighborhoods with the lowest median rent pricing are Bellevue Manor at $1,115, Cross Timbers at $1,115, and Harpeth Valley Park at $1,116. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Nashville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bellevue Manor$1,661$1,115195
Cross Timbers$1,661$1,115190
Harpeth Valley Park$1,661$1,11686
Moss Creek$1,661$1,116150
River Plantation$1,661$1,116145
South Hampton$1,661$1,116120
West Meade$1,661$1,115206
Sutherland Heights$1,672$89562
Villages of Larchwood$1,675$775437
Boone Trace$1,685$1,2201

Cheapest Available Nashville Apartments for Rent

 

The cheapest available apartment rental in Nashville, TN is a 1 Bed unit found at Mosley on 6th in the East Nashville neighborhood priced from $610. Hermitage Manor and Autumn Woods Terrace in the South Hermitage neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Nashville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mosley on 6th1 Bedroom1BR,1BA$610
Hermitage Manor and Autumn Woods Terrace1 Bed, 1 bath1BR,1BA$775
West End LivingPortland Ave StudioStudio,1BA$798
Union on Thompson1X1GS1BR,1BA$799
Studio 48 ApartmentsStudioStudio,1BA$799
Village on the Green1 Bedroom1BR,1BA$800
Hermitage Studios NashvilleStudioStudio,1BA$839
The Magnolia ApartmentsA21BR,1BA$841
Mandolin TerraceStudio1BR,1BA$843
Glen Valley Apartments and Duplexes1 bdrm/1bath Duplex1BR,1BA$850

Best Value Apartments for Rent in Nashville, TN

As of January 14, 2026 the best value apartment in the Nashville area is the $0.72 price per square foot 3520 Park Ave Model at 3520 Park Ave, Unit Master in the in the Centennial neighborhood starting from $1,800. The second greatest value Nashville apartment is the C - The Majestic Model at Waterford Landing Apartment Homes starting at $1,642 with a $1.11 price per square foot in the South Hermitage neighborhood. Here is today’s list of the best values for Nashville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3520 Park Ave, Unit Master3520 Park Ave1BR,1BA$0.72
Waterford Landing Apartment HomesC - The Majestic3BR,2BA$1.11
Cobblestone Corners3 Bedroom 2 Bath3BR,2BA$1.11
Vantage Pointe at Marrowbone HeightsThe Cumberland3BR,2BA$1.10
Mountain Brook3 Bedroom Townhome3BR,2.5BA$1.10
Bell Hollow at Century Farms3 BEDROOM 2 BATH3BR,2BA$1.13
Summit East Nashville3 Bedroom 2 Bath3BR,2BA$1.11
East River Place2BR2BR,2BA$1.08
Haven Apartments22A2BR,2BA$1.05
Hermitage Manor and Autumn Woods Terrace1 Bed, 1 bath1BR,1BA$1.00

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Nashville Overview

Known affectionately as 'Music City USA', Nashville is both the largest city in Tennessee as well as its state capitol. Bordering the Cumberland River and with almost two million residents calling the city home, Nashville is a southern destination on the rise. With a wide variety of cheap apartments in Nashville as well as nearby rental homes, condos, and townhomes available to residents, you can't lose when moving here.

Why live in Nashville, TN?

Combining nightlife excitement, a huge array of museums and other cultural hot-spots, plentiful schools and a rising economic base, Nashville is a popular draw for numerous good reasons - especially appetizing are the wonderful options for apartments in Nashville. Foodies flock to the city, eager to sample the world-famous BBQ, hot chicken and fish dishes, while the city's foothold on the medical industry makes it an ideal home for many recent graduating students in the field.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Nashville, TN Rentals by Map

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See the most popular apartments and homes in Nashville, TN

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Frequently Asked Questions about Cheap Nashville Apartments

What is a cheap apartment in Nashville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nashville is under $850.

What is the price of a cheap apartment in Nashville?

The cheapest apartment in Nashville is Mosley on 6th which is listed at $610, while the average apartment in Nashville costs $3,779.

What types of apartments are the cheapest in Nashville?

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 9,943 regular apartments in Nashville 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 Nashville?

Cheap apartments in Nashville have an average cost of $468 which is $3,311 cheaper than the average rent for all rentals in Nashville.

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.

Articles, How-To's, and Tips

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.