Cheap Apartments for Rent in the Elizabeth Park Neighborhood of Nashville, TN from $700 (192 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1417 22nd Ave N

$1,150 - $2,290

Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $2,290
Total Monthly Price
$1,150 - $2,290

1 To 2 Bedroom Homes for Rent

Available Now

1417 22nd Ave N

NashvilleTN37208

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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Apex Marathon Village
Rent Specials
$1,281 - $2,754
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Total Monthly Price

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$1,281 - $2,754
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Studio to 2 Bedroom Apartments Available Now

Apex Marathon Village

1501 Herman StNashville, TN 37208
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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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Soundwater
Rent Specials
$1,299 - $2,624
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$1,299 - $2,624
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Studio to 2 Bedroom Apartments Available Now

Soundwater

341 Great Circle RdNashville, TN 37228
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Haven at the Gulch
Rent Specials
$1,304 - $4,020
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$1,304 - $4,020
Total Monthly Price
$1,304 - $4,020
1 to 3 Bedroom Apartments Available Now

Haven at the Gulch

641 Division StNashville, TN 37203
Luxury
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The Monroe
$1,312 - $3,262
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$1,312 - $3,262
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Studio to 2 Bedroom Apartments Available Now

The Monroe

1300 4th Ave NNashville, TN 37208
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Station 40
Rent Specials
$1,329 - $6,101
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Total Monthly Price

Base Rent
$1,329 - $6,101
Total Monthly Price
$1,329 - $6,101
Studio to 3 Bedroom Apartments Available Now

Station 40

610 Sylvan Heights WayNashville, TN 37209
Corporate Housing
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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.

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Americana Apartments
Rent Specials
$1,395 - $1,845
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,845
Total Monthly Price
$1,395 - $1,845
1 to 2 Bedroom Apartments Available Now

Americana Apartments

1906 Chet Atkins PlNashville, TN 37212
Student Housing
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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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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 $894. 500 Fifth has the second lowest priced unit, which is a Studio apartment currently listed from $909. Here are the most affordable Elizabeth Park apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$894
500 FifthThe CityStudio,1BA$909
Station Lofts1 Bedroom One Bathroom1BR,1BA$999
The Jeffersonian ApartmentsUnfurnished 1 Bedroom - Version 21BR,1BA$1,000
The Flats at 12001/11BR,1BA$1,000
Artemis MidtownStudioStudio,1BA$1,099
The Lee ApartmentsStudio BStudio,1BA$1,099
Alabama Avenue FlatsAlabama Avenue - Convenient One Bedroom Apartme...1BR,1BA$1,125
Ellis Germantown1 Bedroom One Bathroom1BR,1BA$1,149

Best Value Apartments for Rent in Elizabeth Park, TN

As of April 13, 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 $3,149 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 TownhomesVanderbilt3BR,3.5BA$1.41
Avenue 41 TownhomesAvenue 41 - Amazing 4 Bedroom Townhome4BR,3.5BA$1.78
Hallmark at the Park3x2 TC603BR,2BA$1.39
The Paddock at Grandview3 Bedroom Two Bathroom3BR,2BA$1.42
3320 Clifton Ave, Unit E3320 Clifton Ave3BR,1BA$1.73
10th and Jefferson1 Bed 1 Bath1BR,1BA$1.65
Station Lofts1 Bedroom One Bathroom1BR,1BA$1.31
Ellis Germantown1 Bedroom One Bathroom1BR,1BA$1.69
812 31st Ave N, Unit A812 31st Ave N1BR,1BA$1.58

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 RUTLEDGE FLATS APARTMENTS listed at $894.

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

The lowest price for a Cheap One Bedroom Elizabeth Park Apartment is $999 at Station Lofts.

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 $1,175 at The Flats at 1200.

What is the most affordable Elizabeth Park Three Bedroom Apartment?

The best deal on a cheap Elizabeth Park Three Bedroom Apartment rental is at Hallmark at the Park and starts from $1,679.

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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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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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.

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.