
Cheap Apartments for Rent in the Melrose Waverly Neighborhood of Nashville, TN from $800 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Melrose Waverly area of Nashville.


83 Freight

Greenbriar

700 Craighead St

Village South Apartments

8th & Berry

Octave Apartments

Melrose Apartments

Braxton Music City

CODA Wedgewood Houston Luxury Apartments
Nashville's Best Affordable Neighborhoods
Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton

23Hundred at Berry Hill

376 Herron Dr, Unit 4

2611 Westwood Dr

542 Southgate Ave

1303 Acklen Ave

414 Rosedale Ave
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 | $1,468 | $1,045 | $4,538 |
Melrose Waverly 1 Bedroom Apartments | $1,963 | $1,105 | $4,770 |
Melrose Waverly 2 Bedroom Apartments | $2,917 | $1,499 | $7,076 |
Melrose Waverly 3 Bedroom Apartments | $3,618 | $3,150 | $5,080 |
Melrose Waverly 4 Bedroom Apartments | $10,065 | $3,655 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 21 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. Gale Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. 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 |
Gale Lofts | Breeze | 1BR,1BA | $1,325 |
Octave Apartments | S1-HC | Studio,1BA | $1,359 |
Melrose Apartments | Apollo | Studio,1BA | $1,445 |
CODA Wedgewood Houston Luxury Apartments | Cameo | Studio,1BA | $1,494 |
Best Value Apartments for Rent in Melrose Waverly, TN
As of April 05, 2025 the best value apartment in the Melrose Waverly area is the $1.31 price per square foot Steinway Model at Villa Adrian Apartments in the in the Green Hills neighborhood starting from $2,090. The second greatest value Melrose Waverly apartment is the Ascent 3 x 3.5 D Model at Oxenfree at WeHo starting at $3,687 with a $2.30 price per square foot in the Sunnyside 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. |
---|---|---|---|
Villa Adrian Apartments | Steinway | 2BR,2BA | $1.31 |
Oxenfree at WeHo | Ascent 3 x 3.5 D | 3BR,3.5BA | $2.30 |
8th & Berry | A2 | 1BR,1BA | $2.25 |
Broadstone Berry Hill | A3 | 1BR,1BA | $3.04 |
CODA Wedgewood Houston Luxury Apartments | Dapper | 1BR,1BA | $2.89 |
Braxton Music City | A3 | 1BR,1BA | $2.34 |
Gale Lofts | Gale | 1BR,1BA | $2.13 |
83 Freight | One-Bedroom Loft with Private | 1BR,1BA | $3.06 |
Parkview Midtown | Studio S2 | Studio ,1BA | $2.47 |
Octave Apartments | S1 | Studio ,1BA | $2.56 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMelrose Waverly, Nashville, TN
Ranked #49
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 $1,814.
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 $1,116, while the average apartment in Melrose Waverly costs $8,310.
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 84 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 $517 which is $7,793 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.

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.

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.

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.

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.