Cheap Apartments for Rent in the Melrose Waverly Neighborhood of Nashville, TN from $900 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article

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.

Read Article
close
View Me
Melrose Apartments
Studio to 2 Bedroom Apartments

Melrose Apartments

2600 8th Ave SNashville, TN 37204
close
View Me
Gale Lofts
Studio to 2 Bedroom Apartments

Gale Lofts

811 Gale LnNashville, TN 37204
close
View Me
Bransford on Berry
1 to 2 Bedroom Apartments

Bransford on Berry

704 Berry RdNashville, TN 37204
Student Housing
  • Utilities Included

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.

Read Article
Showing Results 1-35, 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 1 Bed unit found at Argyle Avenue Apartments priced from $989. 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
Argyle Avenue Apartments1x1-1-50%1BR,1BA$989
83 FreightStudio1BR,1BA$1,100
Woodmont TerraceClairmont1BR,1BA$1,185
12th & WedgewoodA1- 60%1BR,1BA$1,205
Gale LoftsGale1BR,1BA$1,240
Village South ApartmentsSawyer (Screened in Porch)1BR,1BA$1,251
445 Park CommonsS1-Studio - 80%Studio,1BA$1,299
23Hundred at Berry HillA21BR,1BA$1,318
Melrose ApartmentsFox1BR,1BA$1,363
Broadstone Berry HillA5A1BR,1BA$1,389

Best Value Apartments for Rent in Melrose Waverly, TN

As of December 31, 2025 the best value apartment in the Melrose Waverly area is the $2.02 price per square foot Ascent 3 x 3.5 A Model at Oxenfree WeHo in the in the Sunnyside neighborhood starting from $3,149. The second greatest value Melrose Waverly apartment is the A1 Model at IMT 8 South starting at $1,690 with a $2.30 price per square foot in the Green Hills 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.
Oxenfree WeHoAscent 3 x 3.5 A3BR,3.5BA$2.02
IMT 8 SouthA11BR,1BA$2.30
8th & BerryA11BR,1BA$2.02
23Hundred at Berry HillA21BR,1BA$1.95
Braxton Music CityA31BR,1BA$2.30
12th & WedgewoodA1- 60%1BR,1BA$1.79
Woodmont TerraceNoelton1BR,1BA$1.84
Gale LoftsGale1BR,1BA$1.91
Village South ApartmentsAlara1BR,1BA$1.93
Argyle Avenue Apartments1x1-1x1-60% -NB1BR,1BA$2.13

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Melrose Waverly, Nashville, TN

Ranked #48

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,389.

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

The cheapest apartment in Melrose Waverly is Argyle Avenue Apartments which is listed at $989, while the average apartment in Melrose Waverly costs $4,173.

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 13 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 $266 which is $3,907 cheaper than the average rent for all rentals in Melrose Waverly.

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

decorative image for A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.