Cheap Apartments for Rent in the Elizabeth Park Neighborhood of Nashville, TN from $500 (142 Rentals)

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

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 3 Beds unit found at Park24 priced from $790. Village on the Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Elizabeth Park apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Park243B INCOME RESTRICTED3BR,2BA$790
Village on the Green1 Bedroom1BR,1BA$800
Trinity LoftsTrinity Lofts - StudioStudio,1BA$899
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$918
500 Fifth ApartmentsThe CityStudio,1BA$945
Station Lofts1 Bedroom One Bathroom1BR,1BA$950
The Jeffersonian Apartments1 Bedroom - Version 11BR,1BA$1,050
Preserve At Metrocenter1 Bed, 1 bath1BR,1BA$1,115
Haven at the GulchStafford1BR,1BA$1,119

Best Value Apartments for Rent in Elizabeth Park, TN

As of January 12, 2026 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 Vanderbilt Model at The Aria Townhomes starting at $2,650 with a $1.19 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 TownhomesVanderbilt3BR,3.5BA$1.19
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
Villas at Metro CenterModel 2A2BR,1BA$1.44
Preserve At Metrocenter1 Bed, 1 bath1BR,1BA$1.49
1732 Dr Db Todd Jr Blvd, Unit C1732 Dr Db Todd Jr Blvd1BR,1BA$1.50
Station Lofts1 Bedroom One Bathroom1BR,1BA$1.52
Village on the Green1 Bedroom1BR,1BA$1.46

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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The 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.

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Cash 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.

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Quick 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.

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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 the Cheapest Studio apartment in Elizabeth Park?

Currently the most affordable Cheap Studio Apartment in Elizabeth Park is at Trinity Lofts listed at $899.

How much is rent for a Cheap One Bedroom Elizabeth Park Apartment?

The lowest price for a Cheap One Bedroom Elizabeth Park Apartment is $800 at Village on the Green.

What is the lowest price for a Cheap Two Bedroom Elizabeth Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elizabeth Park is starting from $900 at Village on the Green.

What is the most affordable Elizabeth Park Three Bedroom Apartment?

The best deal on a cheap Elizabeth Park Three Bedroom Apartment rental is at Park24 and starts from $790.

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

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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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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.

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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.

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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.