Cheap Homes for Rent in Downtown Nashville Neighborhood of Nashville, TN from $1,300 (14 Rentals)

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

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.

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.

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 RUTLEDGE FLATS APARTMENTS priced from $938. Nance Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $976. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$938
Nance Place1 Bed 1 Bath E1BR,1BA$976
500 Fifth ApartmentsThe CityStudio,1BA$999
Haven at the GulchA21BR,1BA$1,119
Capitol TowersStudioStudio,1BA$1,125

Best Value Apartments for Rent in Downtown Nashville, TN

As of October 01, 2025 the best value apartment in the Downtown Nashville area is the $1.41 price per square foot Belmont Model at The Aria Townhomes in the in the Capitol Hill Area neighborhood starting from $3,489. The second greatest value Downtown Nashville apartment is the B2B Model at Broadstone SoBro starting at $2,584 with a $2.42 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Aria TownhomesBelmont4BR,3.5BA$1.41
Broadstone SoBroB2B2BR,2BA$2.42
Nance Place2 Bed 1 Bath F2BR,1BA$1.54
1803 Broadway, Unit 5101803 Broadway1BR,1BA$2.14
Fatherland FlatsB22BR,1BA$1.93
Terra HouseS1eStudio ,1BA$2.11
625 7th Ave S, Unit C3625 7th Ave S1BR,1BA$2.38
River House (TN)S2Studio ,1BA$2.31
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41
500 Fifth ApartmentsThe CityStudio ,1BA$2.38

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Nashville, Nashville, TN

Ranked #27

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Nashville

What type of rentals are currently available in Downtown Nashville?

There are currently 137 Apartments for Rent in Downtown Nashville, TN with pricing that ranges from $882 to $23,970. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Nashville ranging from $1,399 to $8,500.

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 $1,399 to $8,500 with an average monthly rent of $3,596.

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 $1,554 to $14,820, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $3,600. Four Bedroom Single-Family rentals are also available starting from $4,400 and Four Bedroom Apartments start at $3,489.

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.

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.

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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!