Cheap Homes for Rent in Downtown Nashville Neighborhood of Nashville, TN from $1,600 (10 Rentals)

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

Nashville's Best Affordable Neighborhoods

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

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 $924. 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$924
500 Fifth ApartmentsThe CityStudio,1BA$999

Best Value Apartments for Rent in Downtown Nashville, TN

As of April 09, 2025 the best value apartment in the Downtown Nashville area is the $2.14 price per square foot 1803 Broadway Model at 1803 Broadway, Unit 510 in the in the Downtown Nashville neighborhood starting from $1,800. The second greatest value Downtown Nashville apartment is the 2 Bed 1 Bath N Model at Nance Place starting at $1,323 with a $1.59 price per square foot in the Capitol Hill Area 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.
1803 Broadway, Unit 5101803 Broadway1BR,1BA$2.14
Nance Place2 Bed 1 Bath N2BR,1BA$1.59
Cumberland on Church ApartmentsBelmont1BR,1BA$2.11
Terra HouseA31BR,1BA$2.12
500 Fifth ApartmentsThe Sound2BR,1BA$2.50
City ViewA11BR,1BA$2.66
Laurel House Lofts1 60%1BR,1BA$1.83
510 Gay Street, Unit 509, Unit 509510 Gay Street, Unit 5091BR,1BA$2.41
River House (TN)S1Studio ,1BA$2.52
Fatherland FlatsA11BR,1BA$2.27

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Frequently Asked Questions about Downtown Nashville

What type of rentals are currently available in Downtown Nashville?

There are currently 150 Apartments for Rent in Downtown Nashville, TN with pricing that ranges from $526 to $30,230. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Nashville ranging from $1,675 to $15,000.

What is the current price range for Rental Homes in Downtown Nashville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Nashville ranges from $1,675 to $15,000 with an average monthly rent of $3,930.

How much are larger Three and Four Bedroom Rentals in Downtown Nashville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Nashville range from $1,606 to $16,070, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,400 to $4,400. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $5,960.

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.

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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.

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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.