Cheap Homes for Rent in Downtown Nashville Neighborhood of Nashville, TN from $1,500 (9 Rentals)

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

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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 500 Fifth Apartments priced from $1,099. Haven at the Gulch has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,119. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
500 Fifth ApartmentsThe CityStudio,1BA$1,099
Haven at the GulchA21BR,1BA$1,119
Capitol TowersStudioStudio,1BA$1,125

Best Value Apartments for Rent in Downtown Nashville, TN

As of August 05, 2025 the best value apartment in the Downtown Nashville area is the $1.41 price per square foot Vanderbilt Model at The Aria Townhomes in the in the Capitol Hill Area neighborhood starting from $3,149. The second greatest value Downtown Nashville apartment is the The Trailblazer | 2 Bed | 2 Bath Model at Margaux Midtown starting at $2,461 with a $2.56 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$1.41
Margaux MidtownThe Trailblazer | 2 Bed | 2 Bath2BR,2BA$2.56
River House (TN)A2c1BR,1BA$2.28
Terra HouseA3a1BR,1BA$2.10
Fatherland FlatsB22BR,1BA$1.93
Placemakr Premier SoBroStudio Floor to Ceiling Windows (06)Studio ,1BA$2.40
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41
Cumberland on Church ApartmentsAcklen1BR,1BA$2.37
Shelby House 1The ClineStudio ,1BA$2.61
500 Fifth ApartmentsThe CityStudio ,1BA$2.62

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Frequently Asked Questions about Downtown Nashville

What type of rentals are currently available in Downtown Nashville?

There are currently 132 Apartments for Rent in Downtown Nashville, TN with pricing that ranges from $880 to $28,789. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Nashville ranging from $1,500 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 $1,500 to $8,500 with an average monthly rent of $3,022.

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 $1,574 to $15,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,250 to $3,250. Four Bedroom Single-Family rentals are also available starting from $4,500 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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.