
Cheap Apartments for Rent in the Penningtom Bend Neighborhood of Nashville, TN from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penningtom Bend area of Nashville.

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Madison Flats

Crossings at East Nashville

Gibson Creek Apartments

Highland Ridge Apartments

Rothwood Apartments

Berkley Hills

Falcon View Apartments

Northerly
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Penningtom Bend, Nashville, TN Local Guide

How much does it cost to rent an apartment in Penningtom Bend?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penningtom Bend Studio Apartments | $1,162 | $920 | $1,731 |
Penningtom Bend 1 Bedroom Apartments | $1,409 | $928 | $3,002 |
Penningtom Bend 2 Bedroom Apartments | $1,983 | $1,085 | $3,864 |
Penningtom Bend 3 Bedroom Apartments | $2,658 | $1,500 | $7,478 |
Penningtom Bend 4 Bedroom Apartments | $3,699 | $3,099 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Penningtom Bend Neighborhood of Nashville, TN.
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Penningtom Bend, Nashville, TN Local Guide
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Cheapest Available Penningtom Bend Apartments for Rent
 The cheapest available apartment rental in the Penningtom Bend area of Nashville, TN is a Studio unit found at Madison Flats priced from $920. Crossings at East Nashville has the second lowest priced unit, which is a 1 Bed apartment currently listed from $928. Here are the most affordable Penningtom Bend apartments for rent in Nashville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Madison Flats | The Carter | Studio,1BA | $920 |
Crossings at East Nashville | 1x1 | 1BR,1BA | $928 |
Gibson Creek Apartments | 1X1 | 1BR,1BA | $945 |
Highland Ridge Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,060 |
Rothwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,070 |
Best Value Apartments for Rent in Penningtom Bend, TN
As of July 14, 2025 the best value apartment in the Penningtom Bend area is the $1.44 price per square foot A2 Model at The Yarra in the in the Music Valley neighborhood starting from $3,099. The second greatest value Penningtom Bend apartment is the Rowan Model at Porchlight East Hill starting at $2,721 with a $1.99 price per square foot in the East Nashville neighborhood. Here is today’s list of the best values for Penningtom Bend apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Yarra | A2 | 4BR,4BA | $1.44 |
Porchlight East Hill | Rowan | 2BR,2BA | $1.99 |
Ascent East | 2B-WD-UP-P | 2BR,1.5BA | $1.63 |
Falcon View Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.33 |
Highland Ridge Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.37 |
Crossings at East Nashville | 1x1.5 | 1BR,1.5BA | $1.43 |
Rothwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.53 |
Gibson Creek Apartments | 1X1 | 1BR,1BA | $1.43 |
Berkley Hills | 1 BR Garden | 1BR,1BA | $1.72 |
200 Webster | A1 | 1BR,1BA | $1.84 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePenningtom Bend, Nashville, TN
Ranked #157
Among neighborhoods in Nashville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Penningtom Bend Neighborhood in Nashville, TN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
20 / 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 Penningtom Bend Apartments
What is a cheap apartment in Penningtom Bend?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penningtom Bend is under $1,251.
What is the price of a cheap apartment in Penningtom Bend?
The cheapest apartment in Penningtom Bend is Crossings at East Nashville which is listed at $928, while the average apartment in Penningtom Bend costs $3,850.
What types of apartments are the cheapest in Penningtom Bend?
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 31 regular apartments in Penningtom Bend 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 Penningtom Bend?
Cheap apartments in Penningtom Bend have an average cost of $254 which is $3,596 cheaper than the average rent for all rentals in Penningtom Bend.
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.

A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.

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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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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.

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.