Cheap Apartments for Rent in the Downtown Nashville Neighborhood of Nashville, TN from $500 (29 Rentals)

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

Cheap Apartments in the Downtown Nashville area of Nashville.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
Barrett Manor
1 Bedroom Apartments

Barrett Manor

510 Summer PlNashville, TN 37206
  • Utilities Included
close
View Me
Ryman Lofts
Studio to 3 Bedroom Apartments

Ryman Lofts

100 Middleton StNashville, TN 37201
close
View Me
Nance Place
1 to 3 Bedroom Apartments

Nance Place

8 Academy PlNashville, TN 37210
close
View Me
Haven at the Gulch
1 to 2 Bedroom Apartments

Haven at the Gulch

641 Division StNashville, TN 37203
  • Utilities Included

Nashville's Best Affordable Neighborhoods

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

close
View Me
160 2nd Ave
Studio to 2 Bedroom Apartments

160 2nd Ave

160 2nd AveNashville, TN 37201
close
View Me
320 11th Ave S
Studio to 2 Bedroom Apartments

320 11th Ave S

320 11th Ave SNashville, TN 37203

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 1 Bed unit found at Nance Place priced from $903. RUTLEDGE FLATS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $1,015. Here are the most affordable Downtown Nashville apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
Nance Place1 Bed 1 Bath E1BR,1BA$903
RUTLEDGE FLATS APARTMENTSParthenonStudio,1BA$1,015
500 Fifth ApartmentsThe CityStudio,1BA$1,099
Haven at the GulchA21BR,1BA$1,119
Capitol TowersStudioStudio,1BA$1,125
River House (TN)S1Studio,1BA$1,358
Cumberland on Church ApartmentsAcklen1BR,1BA$1,363
LC SoBroStudio BStudio,1BA$1,382
Fatherland FlatsB22BR,1BA$1,400

Best Value Apartments for Rent in Downtown Nashville, TN

As of May 02, 2025 the best value apartment in the Downtown Nashville area is the $2.56 price per square foot B1 Model at Haven at the Gulch in the in the South Nashville neighborhood starting from $2,700. The second greatest value Downtown Nashville apartment is the The Lubbock Model at Artisan on 18th starting at $2,495 with a $2.42 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.
Haven at the GulchB12BR,2BA$2.56
Artisan on 18thThe Lubbock2BR,2BA$2.42
1803 Broadway, Unit 5101803 Broadway1BR,1BA$2.14
Nance Place2 Bed 1 Bath N2BR,1BA$1.59
1505 DemonbreunHeritage 01 - A61BR,1BA$2.45
Terra HouseA31BR,1BA$2.18
Fatherland FlatsB22BR,1BA$1.93
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41
Cumberland on Church ApartmentsAcklen1BR,1BA$2.36
River House (TN)S1Studio ,1BA$2.45

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
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

decorative image of woman handing cat to small boy

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 $1,400.

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

The cheapest apartment in Downtown Nashville is Nance Place which is listed at $903, while the average apartment in Downtown Nashville costs $13,735.

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 21 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 $145 which is $13,590 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.

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 Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.