Cheap Apartments for Rent in the Melrose Waverly Neighborhood of Nashville, TN from $800 (21 Rentals)

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

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Argyle Avenue Senior
1 Bedroom Apartments

Argyle Avenue Senior

755 E Argyle AveNashville, TN 37203
Senior Living
  • Utilities Included
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Bransford on Berry
1 to 2 Bedroom Apartments

Bransford on Berry

704 Berry RdNashville, TN 37204
  • Utilities Included
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Gale Lofts
1 to 2 Bedroom Apartments

Gale Lofts

811 Gale LnNashville, TN 37204
Showing Results 1-21, Page 1 of 1

Melrose Waverly, Nashville, TN Local Guide

Cheapest Available Melrose Waverly Apartments for Rent

 

The cheapest available apartment rental in the Melrose Waverly area of Nashville, TN is a Studio unit found at 445 Park Commons priced from $1,045. 83 Freight has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Melrose Waverly apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
445 Park CommonsS1-Studio-60%Studio,1BA$1,045
83 FreightStudio1BR,1BA$1,100
23Hundred at Berry HillA11BR,1BA$1,222
Gale LoftsGale1BR,1BA$1,342
8th & BerryS1Studio,1BA$1,366

Best Value Apartments for Rent in Melrose Waverly, TN

As of June 28, 2025 the best value apartment in the Melrose Waverly area is the $1.31 price per square foot Steinway Model at Villa Adrian Apartments in the in the Green Hills neighborhood starting from $2,090. The second greatest value Melrose Waverly apartment is the Ascent 3 x 3.5 D Model at Oxenfree WeHo starting at $3,687 with a $2.30 price per square foot in the Sunnyside neighborhood. Here is today’s list of the best values for Melrose Waverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa Adrian ApartmentsSteinway2BR,2BA$1.31
Oxenfree WeHoAscent 3 x 3.5 D3BR,3.5BA$2.30
1908 Elliott Ave, Unit 1908 B1908 Elliott Ave1BR,1BA$2.67
Octave ApartmentsA31BR,1BA$2.28
23Hundred at Berry HillA21BR,1BA$2.11
Braxton Music CityA31BR,1BA$2.30
Gale LoftsBreeze1BR,1BA$2.12
Village South ApartmentsAlara1BR,1BA$2.18
Parkview MidtownStudio S1Studio ,1BA$2.64
CODA Wedgewood Houston Luxury ApartmentsCameoStudio ,1BA$2.92

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Pet Friendly Lifestyle
Melrose Waverly, Nashville, TN

Ranked #73

Among neighborhoods in Nashville, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Melrose Waverly Neighborhood in Nashville, TN

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

10 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Melrose Waverly Apartments

What is a cheap apartment in Melrose Waverly?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melrose Waverly is under $1,535.

What is the price of a cheap apartment in Melrose Waverly?

The cheapest apartment in Melrose Waverly is 83 Freight which is listed at $1,100, while the average apartment in Melrose Waverly costs $9,590.

What types of apartments are the cheapest in Melrose Waverly?

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 17 regular apartments in Melrose Waverly 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 Melrose Waverly?

Cheap apartments in Melrose Waverly have an average cost of $248 which is $9,342 cheaper than the average rent for all rentals in Melrose Waverly.

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

I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.

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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.