Cheap Apartments for Rent in the Melrose Waverly Neighborhood of Nashville, TN from $900 (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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83 Freight
1 to 2 Bedroom Apartments

83 Freight

2150 Byrum AveNashville, TN 37203
Corporate Housing
  • Utilities Included
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Melrose Apartments
Studio to 2 Bedroom Apartments

Melrose Apartments

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

Gale Lofts

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

Bransford on Berry

704 Berry RdNashville, TN 37204
Student Housing
  • Utilities Included
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 1 Bed unit found at Argyle Avenue Apartments priced from $1,205. Gale Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,207. Here are the most affordable Melrose Waverly apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Argyle Avenue Apartments1x1-1x1-60% -NB1BR,1BA$1,205
Gale LoftsBreeze1BR,1BA$1,207
Melrose ApartmentsApolloStudio,1BA$1,240
Village South ApartmentsSawyer (Screened in Porch)1BR,1BA$1,291
445 Park CommonsS1-Studio - 80%Studio,1BA$1,299

Best Value Apartments for Rent in Melrose Waverly, TN

As of November 15, 2025 the best value apartment in the Melrose Waverly area is the $1.94 price per square foot Bungalow 3 x 3 A Model at Oxenfree WeHo in the in the Sunnyside neighborhood starting from $2,699. The second greatest value Melrose Waverly apartment is the B4 Model at 23Hundred at Berry Hill starting at $2,492 with a $2.06 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 WeHoBungalow 3 x 3 A3BR,3BA$1.94
23Hundred at Berry HillB42BR,2BA$2.06
12th & WedgewoodB22BR,2BA$1.73
8th & BerryA1B1BR,1BA$1.92
Braxton Music CityA31BR,1BA$2.30
Octave ApartmentsA11BR,1BA$2.21
Gale LoftsGale1BR,1BA$1.91
Village South ApartmentsSawyer (Screened in Porch)1BR,1BA$1.99
IMT 8 SouthE1Studio ,1BA$2.34
Argyle Avenue Apartments1x1-1x1-60% -NB1BR,1BA$2.13

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Pet Friendly Lifestyle
Melrose Waverly, Nashville, TN

Ranked #65

Among cities in Tennessee 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 $1,499.

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 $1,205, while the average apartment in Melrose Waverly costs $5,478.

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 25 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 $332 which is $5,146 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.