
Cheap Apartments for Rent in the Melrose Waverly Neighborhood of Nashville, TN from $800 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Melrose Waverly area of Nashville.


83 Freight

Greenbriar

Octave Apartments

8th & Berry

Melrose Apartments

Village South Apartments

Braxton Music City

CODA Wedgewood Houston Luxury Apartments

376 Herron Dr, Unit 4
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23Hundred at Berry Hill

2611 Westwood Dr

542 Southgate Ave

1303 Acklen Ave

414 Rosedale Ave
Nashville's Best Affordable Neighborhoods
Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton

1900 12th Ave S
Melrose Waverly, Nashville, TN Local Guide

How much does it cost to rent an apartment in Melrose Waverly?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melrose Waverly Studio Apartments | $1,523 | $1,045 | $4,450 |
Melrose Waverly 1 Bedroom Apartments | $2,035 | $1,105 | $4,785 |
Melrose Waverly 2 Bedroom Apartments | $3,008 | $1,990 | $7,111 |
Melrose Waverly 3 Bedroom Apartments | $3,629 | $3,150 | $4,730 |
Melrose Waverly 4 Bedroom Apartments | $12,394 | $4,042 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Melrose Waverly Neighborhood of Nashville, TN.
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Melrose Waverly, Nashville, TN Local Guide
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Cheapest Available Melrose Waverly Apartments for Rent
 The cheapest available apartment rental in the Melrose Waverly area of Nashville, TN is a Studio unit found at 445 Park Commons priced from $1,045. Octave Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,306. Here are the most affordable Melrose Waverly apartments for rent in Nashville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
445 Park Commons | S1-Studio-60% | Studio,1BA | $1,045 |
Octave Apartments | S1 | Studio,1BA | $1,306 |
8th & Berry | S1 | Studio,1BA | $1,366 |
Melrose Apartments | Apollo | Studio,1BA | $1,370 |
Gale Lofts | Gale | 1BR,1BA | $1,387 |
Best Value Apartments for Rent in Melrose Waverly, TN
As of April 25, 2025 the best value apartment in the Melrose Waverly area is the $1.53 price per square foot 542 Southgate Ave Model at 542 Southgate Ave, Unit 203 in the in the South Nashville neighborhood starting from $2,750. The second greatest value Melrose Waverly apartment is the Steinway Model at Villa Adrian Apartments starting at $2,090 with a $1.31 price per square foot in the Green Hills neighborhood. Here is today’s list of the best values for Melrose Waverly apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
542 Southgate Ave, Unit 203 | 542 Southgate Ave | 2BR,2.5BA | $1.53 |
Villa Adrian Apartments | Steinway | 2BR,2BA | $1.31 |
Oxenfree WeHo | Ascent 3 x 3.5 A | 3BR,3.5BA | $2.33 |
IMT 8 South | A2 | 1BR,1BA | $2.25 |
23Hundred at Berry Hill | A2 | 1BR,1BA | $2.36 |
Braxton Music City | A3 | 1BR,1BA | $2.34 |
Gale Lofts | Gale | 1BR,1BA | $2.13 |
Village South Apartments | Alara | 1BR,1BA | $2.18 |
Parkview Midtown | Studio S1 | Studio ,1BA | $2.64 |
Octave Apartments | S1-HC | Studio ,1BA | $2.46 |
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Pet Friendly LifestyleMelrose Waverly, Nashville, TN
Ranked #50
Among neighborhoods in Nashville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Melrose Waverly Neighborhood in Nashville, TN
Walk Score®
60 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
10 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Melrose Waverly Apartments
What is a cheap apartment in Melrose Waverly?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melrose Waverly is under $1,560.
What is the price of a cheap apartment in Melrose Waverly?
The cheapest apartment in Melrose Waverly is 445 Park Commons which is listed at $1,205, while the average apartment in Melrose Waverly costs $9,100.
What types of apartments are the cheapest in Melrose Waverly?
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 60 regular apartments in Melrose Waverly 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 Melrose Waverly?
Cheap apartments in Melrose Waverly have an average cost of $372 which is $8,728 cheaper than the average rent for all rentals in Melrose Waverly.
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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I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.

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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.