Cheap Apartments for Rent in the Penningtom Bend Neighborhood of Nashville, TN from $895 (29 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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property at 4060 Longfellow Dr

$2,435

Total Monthly Price

Total Monthly Price

Base Rent
$2,435
Total Monthly Price
$2,435

3 Bedroom, 2.5 Bath Rentals

Available Now

4060 Longfellow Dr

NashvilleTN37214

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848 Argle Ave
$1,175 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,625
Total Monthly Price
$1,175 - $1,625
1 to 3 Bedroom Apartment Available Now

848 Argle Ave

848 Argle AveMadison, TN 37115
Eco-Friendly
  • Smoke Free
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200 Webster
Rent Specials
$1,208 - $1,524
Total Monthly Price

Total Monthly Price

Base Rent
$1,208 - $1,524
Total Monthly Price
$1,208 - $1,524
1 to 2 Bedroom Apartments Available Now

200 Webster

200 E Webster StMadison, TN 37115
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Northerly
$1,305 - $3,067
Total Monthly Price

Total Monthly Price

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$1,305 - $3,067
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Northerly

620 W Due West AveMadison, TN 37115
Student Housing
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The Yarra
Rent Specials
$2,654 - $3,069
Total Monthly Price

Total Monthly Price

Base Rent
$2,654 - $3,069
Total Monthly Price
Varies
2 to 4 Bedroom Apartments Available Now

The Yarra

1022 S Graycroft AveMadison, TN 37115
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Nashville's Best Affordable Neighborhoods

Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton

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Showing Results 1-29, Page 1 of 1

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 1 Bed unit found at Gibson Creek priced from $895. Crossings at East Nashville has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Penningtom Bend apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Gibson Creek1 x 1 | Gibson Creek1BR,1BA$895
Crossings at East NashvilleA1 - 1Bed, 1Bath1BR,1BA$955
Rothwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1,070
Berkley Hills1 BR Garden1BR,1BA$1,095
Highland Ridge Apartments2 Bedroom (A)2BR,1BA$1,195
East Seventy Nine ApartmentsInglewoodStudio,1BA$1,199
200 Webster66915a11BR,1BA$1,208
StraightwayUnit 12BR,1BA$1,250
NortherlyS1Studio,1BA$1,305

Best Value Apartments for Rent in Penningtom Bend, TN

As of August 29, 2026 the best value apartment in the Penningtom Bend area is the $1.47 price per square foot C2 Model at The Yarra in the in the Music Valley neighborhood starting from $2,769. The second greatest value Penningtom Bend apartment is the 2 Bedroom (B) Model at Highland Ridge Apartments starting at $1,275 with a $1.10 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.
The YarraC23BR,3.5BA$1.47
Highland Ridge Apartments2 Bedroom (B)2BR,1.5BA$1.10
Ascent East Nashville1A-UP-P1BR,1BA$1.92
Rothwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.53
848 Argle Ave848 Argle Ave1BR,1BA$1.68
Crossings at East NashvilleA1 - 1Bed, 1Bath1BR,1BA$1.37
Gibson Creek1 x 1 | Gibson Creek1BR,1BA$1.36
StraightwayUnit 12BR,1BA$1.92
Berkley Hills1 BR Garden1BR,1BA$1.72
200 Webster66915a11BR,1BA$2.01

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 #110

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 $1,305.

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

The cheapest apartment in Penningtom Bend is Gibson Creek which is listed at $895, while the average apartment in Penningtom Bend costs $1,457.

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 10 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 $142 which is $1,315 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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