
Cheap Homes for Rent in Downtown Nashville Neighborhood of Nashville, TN from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Nashville area of Nashville.


807 18th Ave S
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.

301 Demonbreun St
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.

231 5th Ave N, Unit 401

1316 Hawkins St

301 Demonbreun St, Unit Encore 1 Bedroom Condo
Downtown Nashville, Nashville, TN Local Guide

How much does it cost to rent a home in Downtown Nashville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Nashville 2 Bedroom Homes for Rent | $4,058 | $2,000 | $10,000+ |
Downtown Nashville 3 Bedroom Homes for Rent | $4,697 | $3,895 | $5,500 |
Downtown Nashville 4 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Nashville Neighborhood of Nashville, TN.
Explore Nashville
Downtown Nashville, Nashville, TN Local Guide
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Cheapest Available Downtown Nashville Apartments for Rent
 The cheapest available apartment rental in the Downtown Nashville area of Nashville, TN is a 1 Bed unit found at Nance Place priced from $903. RUTLEDGE FLATS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $1,069. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Nance Place | 1 Bed 1 Bath E | 1BR,1BA | $903 |
RUTLEDGE FLATS APARTMENTS | Parthenon | Studio,1BA | $1,069 |
500 Fifth Apartments | The City | Studio,1BA | $1,099 |
Capitol Towers | Studio | Studio,1BA | $1,125 |
Laurel House Lofts | 1 60% | 1BR,1BA | $1,203 |
Best Value Apartments for Rent in Downtown Nashville, TN
As of May 23, 2025 the best value apartment in the Downtown Nashville area is the $1.42 price per square foot Belmont Model at The Aria Townhomes in the in the Capitol Hill Area neighborhood starting from $3,519. The second greatest value Downtown Nashville apartment is the 1803 Broadway Model at 1803 Broadway, Unit 510 starting at $1,800 with a $2.14 price per square foot in the Downtown Nashville neighborhood. Here is today’s list of the best values for Downtown Nashville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Aria Townhomes | Belmont | 4BR,3.5BA | $1.42 |
1803 Broadway, Unit 510 | 1803 Broadway | 1BR,1BA | $2.14 |
Nance Place | 2 Bed 1 Bath N | 2BR,1BA | $1.59 |
River House (TN) | A2cHC | 1BR,1BA | $2.13 |
Placemakr Music Row | One Bedroom - A2(A) | 1BR,1BA | $2.13 |
Terra House | A3 | 1BR,1BA | $2.11 |
Fatherland Flats | B2 | 2BR,1BA | $1.93 |
Laurel House Lofts | 1 60% | 1BR,1BA | $1.91 |
The Gossett on Church | The Laurel (A1) | 1BR,1BA | $2.45 |
510 Gay Street, Unit 509, Unit 509 | 510 Gay Street, Unit 509 | 1BR,1BA | $2.41 |
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.
Frequently Asked Questions about Downtown Nashville
What type of rentals are currently available in Downtown Nashville?
There are currently 147 Apartments for Rent in Downtown Nashville, TN with pricing that ranges from $1,016 to $20,930. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Nashville ranging from $1,500 to $15,000.
What is the current price range for Rental Homes in Downtown Nashville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Nashville ranges from $1,500 to $15,000 with an average monthly rent of $3,722.
How much are larger Three and Four Bedroom Rentals in Downtown Nashville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Nashville range from $1,641 to $15,152, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,895 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $3,519.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.