Cheap Homes for Rent in Penningtom Bend Neighborhood of Nashville, TN from $1,600 (6 Rentals)

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

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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.

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 Apartments priced from $895. Madison Flats has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Penningtom Bend apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Gibson Creek Apartments1X11BR,1BA$895
Madison FlatsThe CarterStudio,1BA$899
Bellewood Park Apartments1 Bed, 1 bath1BR,1BA$915

Best Value Apartments for Rent in Penningtom Bend, TN

As of January 15, 2026 the best value apartment in the Penningtom Bend area is the $1.21 price per square foot C2 Model at The Yarra in the in the Music Valley neighborhood starting from $2,279. The second greatest value Penningtom Bend apartment is the 3 Garden flat Model at Berkley Hills starting at $1,695 with a $1.45 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$1.21
Berkley Hills3 Garden flat3BR,2BA$1.45
Highland Ridge Apartments1bdrm Deluxe w/ bonus room!1BR,1BA$1.33
Falcon View Apartments1 Bedroom 1 Bathroom1BR,1BA$1.23
Ascent East1A-UP-P1BR,1BA$1.63
Crossings at East NashvilleA2 - 1Bed, 1Bath1BR,1.5BA$1.43
Rothwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.53
Bellewood Park Apartments1 Bed, 1 bath1BR,1BA$1.37
Gibson Creek Apartments1X11BR,1BA$1.36
200 WebsterA11BR,1BA$1.77

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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Quick 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.

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Pet Friendly Lifestyle
Penningtom Bend, Nashville, TN

Ranked #96

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 Penningtom Bend

What type of rentals are currently available in Penningtom Bend?

There are currently 66 Apartments for Rent in Penningtom Bend, TN with pricing that ranges from $895 to $3,952. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penningtom Bend ranging from $1,675 to $2,395.

What is the current price range for Rental Homes in Penningtom Bend?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penningtom Bend ranges from $1,675 to $2,395 with an average monthly rent of $1,996.

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.

Articles, How-To's, and Tips

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.