Cheap Apartments for Rent in the Shepherd Hills Neighborhood of Madison, TN from $1,000 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Shepherd Hills area of Madison.

Nashville's Best Affordable Neighborhoods

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

Shepherd Hills, Madison, TN Local Guide

Cheapest Available Shepherd Hills Apartments for Rent

 

The cheapest available apartment rental in the Shepherd Hills area of Nashville, TN is a Studio unit found at Breckenridge priced from $1,015. Piccadilly Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Shepherd Hills apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
BreckenridgeEfficiencyStudio,1BA$1,015
Piccadilly ApartmentsThe Windsor1BR,1BA$1,099
1070 MainA1-Premium1BR,1BA$1,114

Best Value Apartments for Rent in Shepherd Hills, TN

As of March 29, 2025 the best value apartment in the Shepherd Hills area is the $1.37 price per square foot Rosewood Model at The Orchards Rental Homes in the in the Ivy Hill neighborhood starting from $2,550. The second greatest value Shepherd Hills apartment is the 2 Bedroom Model at 18Thirty Apartments starting at $1,625 with a $1.64 price per square foot in the Ivy Hill neighborhood. Here is today’s list of the best values for Shepherd Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Orchards Rental HomesRosewood4BR,2.5BA$1.37
18Thirty Apartments2 Bedroom2BR,2BA$1.64
Hickory RunGardner1BR,1BA$1.63
Birchway RivergateA11BR,1BA$1.87
Piccadilly ApartmentsThe Scottsdale1BR,1BA$1.79
MAA Monthaven ParkAshford1BR,1BA$2.07
Bristol Park at RiverchaseThe Flint1BR,1BA$1.91
The ArcadiaThe Utopia1BR,1BA$2.11
BreckenridgeEfficiencyStudio ,1BA$1.64
1070 MainA1-Designer Plus1BR,1BA$2.09

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Shepherd Hills, Madison, TN

Ranked #4

Among neighborhoods in Madison, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Shepherd Hills Neighborhood in Madison, TN

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Shepherd Hills Apartments

How much is rent for a Cheap One Bedroom Shepherd Hills Apartment?

The lowest price for a Cheap One Bedroom Shepherd Hills Apartment is $1,099 at Piccadilly Apartments.

What is the lowest price for a Cheap Two Bedroom Shepherd Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shepherd Hills is starting from $1,249 at 1070 Main.

What is the most affordable Shepherd Hills Three Bedroom Apartment?

The best deal on a cheap Shepherd Hills Three Bedroom Apartment rental is at 1070 Main and starts from $1,684.

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.

decorative image for A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.