Cheap Homes for Rent in the Downtown Nashville Neighborhood of Nashville, TN from $1,200 (16 Rentals)

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

property at 151 Fain St

$1,275 - $1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,375

Total Monthly Price
$1,275 - $1,375

1 To 4 Bedroom Condos for Rent

Available Jul 28

151 Fain St

NashvilleTN37210

Peek Behind the Curtain at the Music City: Your Local Insiders Guide to Nashville

Nashville is more than a honky tonk town! Dive into the city's academic prestige, trendy culinary scene, professional sports, and stunning natural parks with this local guide. Explore Nashville's popular neighborhoods like The Gulch, Broadway, and 12 South. Learn local tips on transportation, where to find the best local vibe, and fun facts about the "Athens of the South."

property at 700 Church St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

700 Church St, Unit 801

700 Church St
NashvilleTN37203
property at 1803 Broadway

$1,500 - $2,145

1 To 2 Bedroom Rentals

Available Now

1803 Broadway

NashvilleTN37203

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1803 Broadway

$1,825

Total Monthly Price

Total Monthly Price

Base Rent
$1,825

Total Monthly Price
$1,825

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

1803 Broadway, Unit 203

1803 Broadway
NashvilleTN37203

A Local's Look at Nashville's Best Neighborhoods to Rent Near the Area's Largest Employers

Discover Nashville's best neighborhoods for apartments, condos, and homes, matched to your workplace at the city’s largest employers.

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 $897. Nance Place has the second lowest priced unit, which is a Studio apartment currently listed from $906. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$897
Nance PlaceStudio AStudio,1BA$906
Infinity Lofts in The GulchZipStudio,1BA$1,139
Vetra 500 FifthThe CityStudio,1BA$1,209
Shelby House 1The Tucker - ADA1BR,1BA$1,234

Best Value Apartments for Rent in Downtown Nashville, TN

As of July 22, 2026 the best value apartment in the Downtown Nashville area is the $2.42 price per square foot C1 Model at Eleven North in the in the Capitol Hill Area neighborhood starting from $2,980. The second greatest value Downtown Nashville apartment is the Division Model at Pine Street Flats starting at $2,499 with a $2.34 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.
Eleven NorthC13BR,2BA$2.42
Pine Street FlatsDivision2BR,2BA$2.34
The Gossett on ChurchThe Grundy (B3)2BR,2BA$2.40
1505 DemonbreunHeritage 01 - A61BR,1BA$2.37
Shelby House 1The Carter1BR,1BA$2.02
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41
Cumberland on Church ApartmentsAcklen1BR,1BA$2.31
Terra HouseS1Studio ,1BA$2.40
Fatherland FlatsA11BR,1BA$2.27
Nance PlaceStudio AStudio ,1BA$1.79

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Downtown Nashville, Nashville, TN

Ranked #25

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 142 Apartments for Rent in Downtown Nashville, TN with pricing that ranges from $897 to $13,622. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Nashville ranging from $1,275 to $10,500.

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 $1,275 to $10,500 with an average monthly rent of $4,037.

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 $2,980 to $11,463, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,790 to $10,500. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $4,899.

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.

Helpful Local Expert Guides

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Peek Behind the Curtain at the Music City: Your Local Insider's Guide to Nashville

Written by: Brandie Parton

Hi there, I’m Brandie, your ApartmentHomeLiving.com local expert for the Nashville, Tennessee area.

decorative image for A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers article

A Locals Look at Nashvilles Best Neighborhoods to Rent Near the Areas Largest Employers

Written by: Brandie Parton

Hi there, I am Brandie Parton, your local expert for Nashville, TN, with ApartmentHomeLiving.com.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Nashville

Written by: Brandie Parton

As part of the team here at Apartment Home Living, I am eager to tell you all about Nashville, and its amazing colleges and nearby neighborhoods that make perfect residences for students, seeking to increase their education and g.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.