
Cheap Homes for Rent in the Melrose Waverly Neighborhood of Nashville, TN from $1,100 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Melrose Waverly area of Nashville.


410 Rosedale Ave

2197 Nolensville Pk, Unit 326

376 Herron Dr, Unit 4

2165 Nolensville Pk, Unit 1-416
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2165 Nolensville Pk, Unit 2-216

2165 Nolensville Pk, Unit 2-018

2165 Nolensville Pk, Unit 2-115

2165 Nolensville Pk, Unit 2-016

2165 Nolensville Pk, Unit 2-012
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2165 Nolensville Pk, Unit 1-118

818 Kirkwood Ave

805 B Bradford Ave

538 Fairlane Dr

2310 Elliott Ave
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Melrose Waverly, Nashville, TN Local Guide

How much does it cost to rent a home in Melrose Waverly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose Waverly 2 Bedroom Homes for Rent | $2,437 | $1,895 | $2,895 |
| Melrose Waverly 3 Bedroom Homes for Rent | $4,060 | $2,400 | $5,500 |
| Melrose Waverly 4 Bedroom Homes for Rent | $5,383 | $3,000 | $8,900 |
| Melrose Waverly 5 Bedroom Homes for Rent | $4,647 | $4,300 | $4,995 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Melrose Waverly Neighborhood of Nashville, TN.
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Melrose Waverly, Nashville, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Argyle Avenue Apartments | 1x1- 50% | 1BR,1BA | $1,001 |
| 445 Park Commons | S1b.6 (Varied Income) | Studio,1BA | $1,128 |
| The Byrum | Studio | 1BR,1BA | $1,150 |
| Village South Apartments | Alara | 1BR,1BA | $1,180 |
| Woodmont Terrace | Clairmont | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villa Adrian Apartments | Keystone | 2BR,2BA | $1.38 |
| Parkview Midtown | Two/Two | 2BR,2BA | $2.06 |
| 1705 Ridley Blvd, Unit A | 1705 Ridley Blvd | 2BR,2.5BA | $1.81 |
| CODA | Dapper | 1BR,1BA | $2.28 |
| Woodmont Terrace | Noelton | 1BR,1BA | $1.84 |
| Village South Apartments | Emerson (Private Courtyard) | 1BR,1BA | $2.07 |
| 23Hundred at Berry Hill | A1 | 1BR,1BA | $2.03 |
| 12th & Wedgewood | A2 - 60% | 1BR,1BA | $2.01 |
| Melrose Apartments | Fox | 1BR,1BA | $2.38 |
| Argyle Avenue Apartments | 1x1-60% | 1BR,1BA | $2.16 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
Read ArticleQuick 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.
Pet Friendly LifestyleMelrose Waverly, Nashville, TN
Ranked #63
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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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Hi there, I’m Brandie, your ApartmentHomeLiving.com local expert for the Nashville, Tennessee area.

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Hi there, I am Brandie Parton, your local expert for Nashville, TN, with ApartmentHomeLiving.com.

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