Cheap Apartments for Rent in the Parkwood Estates Neighborhood of Nashville, TN from $500 (25 Rentals)

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

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.

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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.

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Fallbrook Apartments
1 to 3 Bedroom Apartments

Fallbrook Apartments

345 Dellway Villa RdNashville, TN 37207
  • Utilities Included
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Village Place
Studio to 4 Bedroom Apartments

Village Place

110 Oak Valley DrNashville, TN 37207
  • 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.

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Oakwood Flats
1 to 3 Bedroom Apartments

Oakwood Flats

2071 Oakwood AveNashville, TN 37207
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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223 Foxboro Dr
2 to 3 Bedroom Apartments

223 Foxboro Dr

223 Foxboro DrMadison, TN 37115
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Easton Apartments
1 to 2 Bedroom Apartments

Easton Apartments

714 Due West Ave NMadison, TN 37115
Showing Results 1-25, Page 1 of 1

Parkwood Estates, Nashville, TN Local Guide

Cheapest Available Parkwood Estates Apartments for Rent

 

The cheapest available apartment rental in the Parkwood Estates area of Nashville, TN is a 2 Beds unit found at Buffalo Trail Apartments priced from $678. Sohana Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Parkwood Estates apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Buffalo Trail Apartments2 Bedroom Two Bathroom2BR,2BA$678
Sohana ApartmentsStudio, 1 BathroomStudio,1BA$899
The WilderThe Sparrow at The PerchStudio,1BA$975
Cobblestone Corners1 Bedroom 1 Bath1BR,1BA$987
The LeslieStudioStudio,1BA$1,045

Best Value Apartments for Rent in Parkwood Estates, TN

As of July 24, 2025 the best value apartment in the Parkwood Estates area is the $1.38 price per square foot B2 Model at The Yarra in the in the Music Valley neighborhood starting from $2,454. The second greatest value Parkwood Estates apartment is the 3 bedroom Model at Highland East starting at $1,665 with a $1.38 price per square foot in the East Nashville neighborhood. Here is today’s list of the best values for Parkwood Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The YarraB23BR,3.5BA$1.38
Highland East3 bedroom3BR,2BA$1.38
Buffalo Trail Apartments3 Bedroom Two Bathroom3BR,2BA$1.42
The 808 at Skyline Ridge2 Bedroom Two Bathroom2BR,2BA$1.40
Ascent East2B-WD-UP-P2BR,1.5BA$1.63
Cobblestone Corners1 Bedroom 1 Bath1BR,1BA$1.04
Breckenridge1 Bedroom1BR,1BA$1.45
Highland Ridge Apartments1 Bedroom Apartment1BR,1BA$1.37
Parkwood VillaConeflower1BR,1BA$1.60
Oakwood Flats1 Bedroom 1 Bathroom 1-A Type B1BR,1BA$1.69

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Parkwood Estates, Nashville, TN

Ranked #85

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 Parkwood Estates Neighborhood in Nashville, TN

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

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 Parkwood Estates Apartments

What is a cheap apartment in Parkwood Estates?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwood Estates is under $1,205.

What is the price of a cheap apartment in Parkwood Estates?

The cheapest apartment in Parkwood Estates is Cobblestone Corners which is listed at $987, while the average apartment in Parkwood Estates costs $12,000.

What types of apartments are the cheapest in Parkwood Estates?

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 52 regular apartments in Parkwood Estates 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 Parkwood Estates?

Cheap apartments in Parkwood Estates have an average cost of $385 which is $11,615 cheaper than the average rent for all rentals in Parkwood Estates.

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.