Cheap Apartments for Rent in the Downtown Nashville Neighborhood of Nashville, TN from $700 (72 Rentals)

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

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Haven at the Gulch
Rent Specials
$1,119 - $3,839
Total Monthly Price

Total Monthly Price

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$1,119 - $3,839
Total Monthly Price
$1,119 - $3,839
1 to 3 Bedroom Apartments Available Now

Haven at the Gulch

641 Division StNashville, TN 37203
Luxury
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  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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River House (TN)
Rent Specials
$1,376 - $2,886
Total Monthly Price

Total Monthly Price

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$1,376 - $2,886
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Studio to 3 Bedroom Apartments Available Now

River House (TN)

4 Academy PlNashville, TN 37210
Corporate Housing
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Terra House
Rent Specials
$1,417 - $2,489
Total Monthly Price

Total Monthly Price

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$1,417 - $2,489
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Studio to 2 Bedroom Apartments Available Now

Terra House

115 Middleton StNashville, TN 37210
Family Friendly
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Broadstone SoBro
Rent Specials
$1,484 - $3,156
Total Monthly Price

Total Monthly Price

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$1,484 - $3,156
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Studio to 2 Bedroom Apartments Available Now

Broadstone SoBro

800 4th Ave SNashville, TN 37210
Furnished
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  • Customer Reviewed
  • 3D Tour

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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The Stahlman
$1,487 - $2,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,487 - $2,690
Total Monthly Price
$1,487 - $2,690
Studio to 2 Bedroom Apartments Available Now

The Stahlman

211 Union StNashville, TN 37201
Affordability
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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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909 Flats
Rent Specials
$1,725 - $3,693
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Total Monthly Price

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$1,725 - $3,693
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Studio to 2 Bedroom Apartments Available Now

909 Flats

909 Rosa L Parks BlvdNashville, TN 37208
Affordability
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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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Albion in the Gulch
Rent Specials
$1,744 - $6,755
Total Monthly Price

Total Monthly Price

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$1,744 - $6,755
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Studio to 3 Bedroom Apartments Available Now

Albion in the Gulch

645 Division StNashville, TN 37203
Student Housing
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Starling
Rent Specials
$1,823 - $3,933
Total Monthly Price

Total Monthly Price

Base Rent
$1,823 - $3,933
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Starling

820 4th Ave NNashville, TN 37219
Transit Friendly
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Peek Behind the Curtain at the Music City: Your Local Insiders Guide to Nashville

Nashville is more than a honky tonk town! Dive into the city's academic prestige, trendy culinary scene, professional sports, and stunning natural parks with this local guide. Explore Nashville's popular neighborhoods like The Gulch, Broadway, and 12 South. Learn local tips on transportation, where to find the best local vibe, and fun facts about the "Athens of the South."

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Showing Results 1-50, Page 1 of 2

Downtown Nashville, Nashville, TN Local Guide

Cheapest Available Downtown Nashville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Nashville area of Nashville, TN is a Studio unit found at Nance Place priced from $906. RUTLEDGE FLATS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $911. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Nance PlaceStudio AStudio,1BA$906
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$911
City ViewS1Studio,1BA$1,187
500 FifthThe Skyline1BR,1BA$1,219
Fatherland FlatsA11BR,1BA$1,250
Eastside HeightsS1Studio,1BA$1,336
River House (TN)S1Studio,1BA$1,376
LC SoBroStudio AStudio,1BA$1,405
Terra HouseS1Studio,1BA$1,417

Best Value Apartments for Rent in Downtown Nashville, TN

As of May 27, 2026 the best value apartment in the Downtown Nashville area is the $1.25 price per square foot Vanderbilt Model at The Aria Townhomes in the in the Capitol Hill Area neighborhood starting from $2,799. The second greatest value Downtown Nashville apartment is the C1 Model at Eleven North starting at $2,960 with a $2.41 price per square foot in the Capitol Hill Area neighborhood. Here is today’s list of the best values for Downtown Nashville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Aria TownhomesVanderbilt3BR,3.5BA$1.25
Eleven NorthC13BR,2BA$2.41
Shelby House 1The Tucker - ADA1BR,1BA$1.71
Infinity Lofts in The GulchMotion1BR,1BA$2.45
500 FifthThe Skyline1BR,1BA$1.97
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41
Cumberland on Church ApartmentsAcklen1BR,1BA$2.47
River House (TN)S1Studio ,1BA$2.49
Fatherland FlatsA11BR,1BA$2.27
Nance PlaceStudio AStudio ,1BA$1.79

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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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.

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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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Pet Friendly Lifestyle
Downtown Nashville, Nashville, TN

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across Tennessee and customized analysis for Central Nashville, TN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Nashville Apartments

What is a cheap apartment in Downtown Nashville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Nashville is under $1,417.

What is the price of a cheap apartment in Downtown Nashville?

The cheapest apartment in Downtown Nashville is Nance Place which is listed at $957, while the average apartment in Downtown Nashville costs $5,501.

What types of apartments are the cheapest in Downtown 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 80 regular apartments in Downtown 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 Downtown Nashville?

Cheap apartments in Downtown Nashville have an average cost of $262 which is $5,239 cheaper than the average rent for all rentals in Downtown 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.

Helpful Local Expert Guides

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

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

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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.

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

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Peek Behind the Curtain at the Music City: Your Local Insiders Guide to Nashville

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

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.