Cheap Homes for Rent in Downtown Nashville Neighborhood of Nashville, TN from $1,500 (8 Rentals)

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

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 1 Bed unit found at Ryman Lofts priced from $834. RUTLEDGE FLATS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $893. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Ryman LoftsImprov1BR,1BA$834
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$893
Nance Place1 Bed 1 Bath J1BR,1BA$976

Best Value Apartments for Rent in Downtown Nashville, TN

As of November 17, 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 $3,504. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Aria TownhomesBelmont4BR,3.5BA$1.42
1803 Broadway, Unit 5101803 Broadway1BR,1BA$2.14
1505 DemonbreunHeritage 01 - A61BR,1BA$2.34
Ryman LoftsImprov1BR,1BA$1.10
Fatherland FlatsB22BR,1BA$1.93
Broadstone SoBroA3B1BR,1BA$2.42
Nance Place1 Bed 1 Bath G1BR,1BA$1.69
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41
Shelby House 1The ClineStudio ,1BA$2.43
500 Fifth ApartmentsThe CityStudio ,1BA$2.38

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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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Frequently Asked Questions about Downtown Nashville

What type of rentals are currently available in Downtown Nashville?

There are currently 143 Apartments for Rent in Downtown Nashville, TN with pricing that ranges from $897 to $33,718. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Nashville ranging from $1,595 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 $1,595 to $8,500 with an average monthly rent of $3,207.

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 $2,650 to $14,710, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,399 to $4,250. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $3,504.

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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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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.