Cheap Apartments for Rent in the Downtown Nashville Neighborhood of Nashville, TN from $500 (36 Rentals)

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

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Barrett Manor
1 Bedroom Apartments

Barrett Manor

510 Summer PlNashville, TN 37206
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Ryman Lofts
Studio to 3 Bedroom Apartments

Ryman Lofts

100 Middleton StNashville, TN 37201
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Haven at the Gulch
1 to 2 Bedroom Apartments

Haven at the Gulch

641 Division StNashville, TN 37203
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160 2nd Ave
Studio to 2 Bedroom Apartments

160 2nd Ave

160 2nd AveNashville, TN 37201
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Nance Place
2 to 3 Bedroom Apartments

Nance Place

8 Academy PlNashville, TN 37210
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320 11th Ave S
Studio to 2 Bedroom Apartments

320 11th Ave S

320 11th Ave SNashville, TN 37203

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 1-36, Page 1 of 1

Downtown Nashville, Nashville, TN Local Guide

Cheapest Available Downtown Nashville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Nashville area of Nashville, TN is a Studio unit found at RUTLEDGE FLATS APARTMENTS priced from $972. 500 Fifth Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$972
500 Fifth ApartmentsThe CityStudio,1BA$1,099
Capitol TowersStudioStudio,1BA$1,125
Shelby House 1The Tucker1BR,1BA$1,218
Nance Place2 Bed 1 Bath N2BR,1BA$1,323
LC SoBroStudio BStudio,1BA$1,382
Fatherland FlatsB22BR,1BA$1,400
909 FlatsStudio A1Studio,1BA$1,442
Infinity Lofts in The GulchZipStudio,1BA$1,469

Best Value Apartments for Rent in Downtown Nashville, TN

As of May 14, 2025 the best value apartment in the Downtown Nashville area is the $2.38 price per square foot The Lubbock Model at Artisan on 18th in the in the Downtown Nashville neighborhood starting from $2,458. The second greatest value Downtown Nashville apartment is the 1803 Broadway Model at 1803 Broadway, Unit 510 starting at $1,800 with a $2.14 price per square foot in the Downtown Nashville neighborhood. Here is today’s list of the best values for Downtown Nashville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Artisan on 18thThe Lubbock2BR,2BA$2.38
1803 Broadway, Unit 5101803 Broadway1BR,1BA$2.14
Nance Place2 Bed 1 Bath N2BR,1BA$1.59
River House (TN)A2cHC1BR,1BA$2.09
Placemakr Music RowOne Bedroom - A2(A)1BR,1BA$2.13
Terra HouseA31BR,1BA$2.14
Fatherland FlatsB22BR,1BA$1.93
Eleven NorthA11BR,1BA$2.55
The Gossett on ChurchThe Laurel (A1)1BR,1BA$2.48
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41

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Pet Friendly Lifestyle
Downtown Nashville, Nashville, TN

Ranked #27

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across Tennessee and customized analysis for Central Nashville, TN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Nashville Apartments

What is a cheap apartment in Downtown Nashville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Nashville is under $1,469.

What is the price of a cheap apartment in Downtown Nashville?

The cheapest apartment in Downtown Nashville is Shelby House 1 which is listed at $1,218, while the average apartment in Downtown Nashville costs $11,970.

What types of apartments are the cheapest in Downtown Nashville?

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 8 regular apartments in Downtown Nashville 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 Downtown Nashville?

Cheap apartments in Downtown Nashville have an average cost of $172 which is $11,798 cheaper than the average rent for all rentals in Downtown Nashville.

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.

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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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.