Cheap Apartments for Rent in the Elizabeth Park Neighborhood of Nashville, TN from $500 (130 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elizabeth Park area of Nashville.

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Elizabeth Park, Nashville, TN Local Guide

Cheapest Available Elizabeth Park Apartments for Rent

 

The cheapest available apartment rental in the Elizabeth Park area of Nashville, TN is a Studio unit found at RUTLEDGE FLATS APARTMENTS priced from $936. Trinity Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Elizabeth Park apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$936
Trinity LoftsTrinity Lofts - StudioStudio,1BA$999
Haven at the GulchA21BR,1BA$1,119
Capitol TowersStudioStudio,1BA$1,125
Alabama Avenue FlatsAlabama Avenue - Convenient One Bedroom Apartme...1BR,1BA$1,125
The DoverThe Dover - C91BR,1BA$1,190
North River FlatsA3 HC-60%1BR,1BA$1,218
Park24Model 1A1BR,1BA$1,218
900 at Cleveland ParkOne Bedroom - 1M1BR,1BA$1,232
500 Fifth ApartmentsThe CityStudio,1BA$1,249

Best Value Apartments for Rent in Elizabeth Park, TN

As of August 23, 2025 the best value apartment in the Elizabeth Park area is the $0.72 price per square foot 3520 Park Ave Model at 3520 Park Ave, Unit Master in the in the Centennial neighborhood starting from $1,800. The second greatest value Elizabeth Park apartment is the Belmont Model at The Aria Townhomes starting at $3,489 with a $1.41 price per square foot in the Capitol Hill Area neighborhood. Here is today’s list of the best values for Elizabeth Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3520 Park Ave, Unit Master3520 Park Ave1BR,1BA$0.72
The Aria TownhomesBelmont4BR,3.5BA$1.41
2700 Charlotte Ave Apartments22F22BR,2BA$2.08
Avenue 41 TownhomesAvenue 41 - Essential 3 Bedroom Townhome3BR,2.5BA$1.67
The Paddock at Grandview3 Bedroom Two Bathroom3BR,2BA$1.42
Hallmark at the Park2 Bed2BR,1BA$1.61
The LucileCarter1BR,1BA$1.98
Randee RogersOne Bedroom1BR,1BA$1.92
Ellis Germantown1 Bedroom One Bathroom1BR,1BA$1.90
The Nine on FortyThe Nine on Forty - Delightful Two Bedroom Apar...2BR,1BA$2.02

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Pet Friendly Lifestyle
Elizabeth Park, Nashville, TN

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Elizabeth Park, Nashville, TN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across Tennessee and customized analysis for Nashville, Tennessee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, multifamily communities for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Elizabeth Park Apartments

What is a cheap apartment in Elizabeth Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elizabeth Park is under $1,249.

What is the price of a cheap apartment in Elizabeth Park?

The cheapest apartment in Elizabeth Park is Haven at the Gulch which is listed at $1,119, while the average apartment in Elizabeth Park costs $16,015.

What types of apartments are the cheapest in Elizabeth Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 257 regular apartments in Elizabeth Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Elizabeth Park?

Cheap apartments in Elizabeth Park have an average cost of $232 which is $15,783 cheaper than the average rent for all rentals in Elizabeth Park.

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

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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.