
Cheap Homes for Rent in Downtown Nashville Neighborhood of Nashville, TN from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Nashville area of Nashville.


1002 Division St

600 12th Ave S

211 Union St
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.

211 Union St

1510 Demonbreun St

600 12th Ave S, Unit 1805

102 Academy Square
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.
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 | $2,762 | $2,000 | $4,150 |
| Downtown Nashville 3 Bedroom Homes for Rent | $2,745 | $2,745 | $2,745 |
| Downtown Nashville 4 Bedroom Homes for Rent | $3,550 | $3,550 | $3,550 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Nashville Neighborhood of Nashville, TN.
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Downtown Nashville, Nashville, TN Local Guide
- Nearby Nashville neighborhoods
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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 Studio unit found at RUTLEDGE FLATS APARTMENTS priced from $918. 500 Fifth Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RUTLEDGE FLATS APARTMENTS | Parthenon | Studio,1BA | $918 |
| 500 Fifth Apartments | The City | Studio,1BA | $945 |
| Nance Place | 1 Bed 1 Bath L | 1BR,1BA | $957 |
Best Value Apartments for Rent in Downtown Nashville, TN
As of January 11, 2026 the best value apartment in the Downtown Nashville area is the $1.19 price per square foot Vanderbilt Model at The Aria Townhomes in the in the Capitol Hill Area neighborhood starting from $2,650. The second greatest value Downtown Nashville apartment is the C1 Model at City View starting at $3,553 with a $2.29 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Aria Townhomes | Vanderbilt | 3BR,3.5BA | $1.19 |
| City View | C1 | 3BR,3BA | $2.29 |
| 1803 Broadway, Unit 510 | 1803 Broadway | 1BR,1BA | $2.14 |
| The Stahlman | A4 | 1BR,1BA | $2.22 |
| Terra House | A3a | 1BR,1BA | $1.88 |
| Ryman Lofts | Improv | 1BR,1BA | $1.28 |
| Fatherland Flats | B2 | 2BR,1BA | $1.93 |
| Laurel House Lofts | 1 60% | 1BR,1BA | $1.91 |
| Nance Place | 1 Bed 1 Bath D | 1BR,1BA | $1.68 |
| River House (TN) | S1 | Studio ,1BA | $2.29 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Nashville, Nashville, TN
Ranked #28
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Nashville
What type of rentals are currently available in Downtown Nashville?
There are currently 138 Apartments for Rent in Downtown Nashville, TN with pricing that ranges from $931 to $13,651. There are also 24 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 $2,908.
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 $13,651, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,745 to $2,745. Four Bedroom Single-Family rentals are also available starting from $3,550 and Four Bedroom Apartments start at $5,493.
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.
Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.