Cheap Homes for Rent in the Melrose Waverly Neighborhood of Nashville, TN from $1,100 (15 Rentals)

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

property at 376 Herron Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Sep 15

376 Herron Dr, Unit 4

376 Herron Dr
NashvilleTN37210

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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 $1,001. 445 Park Commons has the second lowest priced unit, which is a Studio apartment currently listed from $1,128. Here are the most affordable Melrose Waverly apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Argyle Avenue Apartments1x1- 50%1BR,1BA$1,001
445 Park CommonsS1b.6 (Varied Income)Studio,1BA$1,128
The ByrumStudio1BR,1BA$1,150
Village South ApartmentsAlara1BR,1BA$1,180
Woodmont TerraceClairmont1BR,1BA$1,185

Best Value Apartments for Rent in Melrose Waverly, TN

As of July 21, 2026 the best value apartment in the Melrose Waverly area is the $1.38 price per square foot Keystone Model at Villa Adrian Apartments in the in the Green Hills neighborhood starting from $2,200. The second greatest value Melrose Waverly apartment is the Two/Two Model at Parkview Midtown starting at $2,265 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.
Villa Adrian ApartmentsKeystone2BR,2BA$1.38
Parkview MidtownTwo/Two2BR,2BA$2.06
1705 Ridley Blvd, Unit A1705 Ridley Blvd2BR,2.5BA$1.81
CODADapper1BR,1BA$2.28
Woodmont TerraceNoelton1BR,1BA$1.84
Village South ApartmentsEmerson (Private Courtyard)1BR,1BA$2.07
23Hundred at Berry HillA11BR,1BA$2.03
12th & WedgewoodA2 - 60%1BR,1BA$2.01
Melrose ApartmentsFox1BR,1BA$2.38
Argyle Avenue Apartments1x1-60%1BR,1BA$2.16

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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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Melrose Waverly, Nashville, TN

Ranked #63

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Melrose Waverly

What type of rentals are currently available in Melrose Waverly?

There are currently 69 Apartments for Rent in Melrose Waverly, TN with pricing that ranges from $1,001 to $7,457. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose Waverly ranging from $1,100 to $8,900.

What is the current price range for Rental Homes in Melrose Waverly?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose Waverly ranges from $1,100 to $8,900 with an average monthly rent of $3,622.

How much are larger Three and Four Bedroom Rentals in Melrose Waverly?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose Waverly range from $3,359 to $5,186, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $4,782.

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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