Cheap Apartments for Rent in the Penningtom Bend Neighborhood of Nashville, TN from $800 (20 Rentals)

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

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3813 Gallatin Pike, Unit 41
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450
1 Bedroom Apartment Available Aug 14

3813 Gallatin Pike, Unit 41

3813 Gallatin PikeNashville, TN 37216
Furnished
  • Smoke Free

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Northerly
$1,453 - $2,891
Total Monthly Price

Total Monthly Price

Base Rent
$1,453 - $2,891
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Northerly

620 W Due West AveMadison, TN 37115
Student Housing
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Penningtom Bend, Nashville, TN Local Guide

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 $950. Rothwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here are the most affordable Penningtom Bend apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Madison FlatsThe CarterStudio,1BA$950
Rothwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1,070
Berkley Hills1 BR Garden1BR,1BA$1,095
Highland Ridge Apartments1 Bedroom (A)1BR,1BA$1,100
StraightwayUnit 12BR,1BA$1,250

Best Value Apartments for Rent in Penningtom Bend, TN

As of July 15, 2026 the best value apartment in the Penningtom Bend area is the $1.16 price per square foot B2 - 2Bed, 1.5Bath Model at Crossings at East Nashville in the in the Music Valley neighborhood starting from $1,460. The second greatest value Penningtom Bend apartment is the 2 Bedroom Townhome Model at Falcon View Apartments starting at $1,449 with a $1.19 price per square foot in the Music Valley neighborhood. Here is today’s list of the best values for Penningtom Bend apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crossings at East NashvilleB2 - 2Bed, 1.5Bath2BR,2.5BA$1.16
Falcon View Apartments2 Bedroom Townhome2BR,1.5BA$1.19
The Briarville Apartments3 Bedroom Two Bathroom3BR,2BA$1.42
Highland Ridge Apartments1 Bedroom (A)1BR,1BA$1.42
Ascent East Nashville1A-UP-P1BR,1BA$1.92
Rothwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.53
The Sound at Pennington BendThe Dylan1BR,1BA$2.27
StraightwayUnit 12BR,1BA$1.92
Berkley Hills1 BR Garden1BR,1BA$1.72
NortherlyS1Studio ,1BA$2.45

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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Real 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.

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Pet Friendly Lifestyle
Penningtom Bend, Nashville, TN

Ranked #122

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,460.

What is the price of a cheap apartment in Penningtom Bend?

The cheapest apartment in Penningtom Bend is Rothwood Apartments which is listed at $1,070, while the average apartment in Penningtom Bend costs $1,845.

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 5 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 $179 which is $1,666 cheaper than the average rent for all rentals in Penningtom Bend.

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.

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